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Weekly Market Recap – October 1, 2021
Weekly Market Recap – October 1, 2021 Economic statistics reported during the week, compared with prior released data, were as follows: durable goods orders +1.8% vs. +0.5%, core capital goods +0.5%...
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Weekly Market Recap – October 1, 2021
Weekly Market Recap – October 1, 2021 Economic statistics reported during the week, compared with prior released data, were as follows: durable goods orders +1.8% vs. +0.5%, core capital goods +0.5%...
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Weekly Market Recap – October 8, 2021
Weekly Market Recap – October 8, 2021 The news that shaped Wall Street’s mood for the week was that Senate minority leader McConnell, on Wednesday, without making any demands, offered Democrats an...
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Weekly Market Recap – October 15, 2021
Weekly Market Recap – October 15, 2021 Weekly initial jobless claims were 293,000, the lowest number of claims since the beginning of the pandemic. The prior week’s figure was 329,000. Monthly economic...
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Weekly Market Recap – October 22, 2021
Weekly Market Recap – October 22, 2021 Following FDA authorization, the CDC approved booster shots of the Moderna and Johnson & Johnson vaccines, in addition to the previously approved Pfizer shots...
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Weekly Market Recap – October 29, 2021
Weekly Market Recap – October 29, 2021 Heads of state converged on Rome for the annual G-20 meeting. Prior to the start of the summit, President Biden paid a visit to the Vatican to meet with Pope...
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Weekly Market Recap – November 5, 2021
Weekly Market Recap – November 5, 2021 Congress finally passed the $1.2 trillion bipartisan infrastructure bill late Friday evening. Monthly economic statistics, compared with previous releases, were:...
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Weekly Market Recap – November 12, 2021
Weekly Market Recap – November 12, 2021 A labor statistic that began getting more attention in spring 2021 is the “JOLTS” number (Job Openings and Labor Turnover Survey). It enumerates new job creation...
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Weekly Market Recap – November 19, 2021
Weekly Market Recap – November 19, 2021 President Biden signed the bipartisan $1 trillion infrastructure bill into law. The House passed the Build Back Better Act on Friday. The national count for new...
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Weekly Market Recap – November 26, 2021
Weekly Market Recap – November 26, 2021 On Friday, Omicron, the new COVID-19 variant took the oxygen out of newsrooms. Detected first in South Africa, this mutation is being described as potentially...
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Weekly Market Recap – December 3, 2021
Weekly Market Recap – December 3, 2021 New COVID-19 cases in the U.S. are up 36% from a month ago. As of Friday, the Omicron variant had been detected in 10 states. The Fed’s intentions of addressing...
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Weekly Market Recap – December 10, 2021
Weekly Market Recap – December 10, 2021 As the week came to a close, a series of deadly tornadoes began to strike the U.S. heartland with wind speeds up to 150 mph. The ensuing destruction across six...
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Weekly Market Recap – December 17, 2021
Weekly Market Recap – December 17, 2021 COVID-19 statistics have dominated the news every day of the week. The Omicron variant has now been detected in all 50 states. Congress gave final approval to...
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Weekly Market Recap – December 23, 2021
Weekly Market Recap – December 23, 2021 U.S. coronavirus pandemic statistics have been monopolizing the news. Nationwide, the seven-day moving average for COVID-19 related deaths reached 1,481 (up 22%...
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Weekly Market Recap – December 31, 2021
Weekly Market Recap – December 31, 2021 As the year was winding down, pandemic news continued ramping up. The U.S. COVID-19 death toll for 2021 was roughly 435,000 compared with 385,000 in 2020 (a 13%...
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Weekly Market Recap – January 7, 2022
Weekly Market Recap – January 7, 2022 The minutes released from the Federal Reserve’s December meeting show that high inflation is convincing central bank officials to rethink their policy path....
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Weekly Market Recap – January 14, 2022
Weekly Market Recap – January 14, 2022 The London Interbank Offered Rate (Libor) has died at the age of 52. The benchmark began losing credibility in 2008, and the British Bankers Association announced...
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Weekly Market Recap – January 21, 2022
Weekly Market Recap – January 21, 2022 The news of the week, in addition to the ongoing pandemic coverage, the weather, and the economy, is now also focused on Russia’s plans concerning Ukraine. Martin...
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Weekly Market Recap – January 28, 2022
Weekly Market Recap – January 28, 2022 The Fed indicated it would begin increasing interest rates in March. Justice Stephen G. Breyer, the oldest member of the current Supreme Court, announced his...
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Weekly Market Recap – February 4, 2022
Weekly Market Recap – February 4, 2022 The U.S. Treasury Department reported on Tuesday that the national debt has surpassed $30 trillion. Monthly economic statistics compared with prior levels, were...
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