‘History is just one damn thing after another.’ – Arnold Toynbee Late last week, the emergence of a new COVID-19 variant in South Africa sent shockwaves worldwide, upending what had been a reasonably quiet week for the stock market. On Friday, a steep sell-off...
Market Summary This week banks, airlines, and other economically sensitive sectors felt the brunt of rising Covid cases across Europe. Major tech names and strong retail earnings did enough to counteract the negative pandemic sentiment with the S&P 500 and the...
Market Summary Stocks closed out the week lower for the first time in six weeks. The S&P 500, the NASDAQ, and the Dow all fell less than 1% as investors fretted over rapidly rising prices. In news that will hardly be surprising to anyone who has stepped foot...
Market Summary Markets are officially on a roll; the S&P 500 and the Nasdaq notched record-high closes for their seventh straight sessions, with all three indexes posting weekly gains for their fifth consecutive week. The S&P 500 ended the week up 2.0%, while...
When asked what it takes to win a Nobel prize, Francis Crick said, “Oh, it’s very simple. My secret has been I know what to ignore.” Q3 2021 HIGHLIGHTS Major US Equity Indexes ended Q3 broadly flat as declines in September erased prior gains. September was a tough...
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