June 11th, 2021 Higher consumer prices were no match for Wall Street bulls this week, who managed to push the S&P 500 to a new all-time high of 4,247.44 on Friday. That was the index’s 30th record high of 2021. The record-breaking run continued despite May’s Consumer Price Index (CPI) coming in red hot, rising 5.00%…
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June 4th, 2021 Stocks added to their year-to-date tally this week as the positive reaction to May’s healthy jobs report offset mid-week volatility from the meme stocks. Theater chain, AMC managed to garner substantial attention as bulls coordinated a squeeze on short-sellers. Despite some volatility in pockets, the broader market was focused on the health…
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May 21, 2021 Digital currencies, special purpose acquisition companies (SPACs), and many high-flying growth stocks took it on the chin early in the week as investors continued fretting over inflation and as China announced a cryptocurrency crackdown. Despite the volatile start to the week, the broader markets attempted to steady themselves by week’s end once…
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