Weekly Market Recap – February 11, 2022
Weekly Market Recap – February 11, 2022 Tensions over Ukraine have continued to rise as Russia has increased its military presence in Belarus. A Canadian judge has ordered an end to the blockade at the...
View ArticleWeekly Market Recap – February 18, 2022
Weekly Market Recap – February 18, 2022 On Friday, President Biden said he is convinced Russian President Putin has decided to invade Ukraine and target the capital city of Kyiv. Stating that it could...
View ArticleWeekly Market Recap – February 25, 2022
Weekly Market Recap – February 25, 2022 In the first massive European military operation of its kind since WWII, Russia invaded Ukraine early on Thursday. The news of the invasion triggered panic in...
View ArticleWeekly Market Recap – March 4, 2022
Weekly Market Recap – March 4, 2022 The U.S. Department of Commerce reported that the trade deficit in January was -$107.6 billion (vs. -$100.5 billion in December), a record level for the second month...
View ArticleWeekly Market Recap – March 11, 2022
Weekly Market Recap – March 11, 2022 More than 300 international companies have ceased or scaled back operations in Russia in an effort to put pressure on President Putin by using sanctions and other...
View ArticleWeekly Market Recap – March 18, 2022
Weekly Market Recap – March 18, 2022 As the humanitarian crisis in Ukraine worsens, Russian airstrikes occurred within 11 miles of Poland’s border, where NATO forces are stationed on high alert. A 7.4...
View ArticleWeekly Market Recap – March 25, 2022
Weekly Market Recap – March 25, 2022 The Russian invasion of Ukraine has now become the largest European conflict in the last 75 years. On Wednesday, President Biden traveled to Brussels to attend the...
View ArticleWeekly Market Recap – April 1, 2022
Weekly Market Recap – April 1, 2022 Russia increased attacks in Ukraine, despite ongoing peace talks, as the war entered its sixth week. U.S. COVID-19 deaths are now fewer than 800 per day, the lowest...
View ArticleWeekly Market Recap – April 8, 2022
Weekly Market Recap – April 8, 2022 Western nations continued their efforts to exert economic pressure against Russia: the E.U. approved a ban on Russian coal, and the U.S. moved to prohibit Russia’s...
View ArticleWeekly Market Recap – April 14, 2022
Weekly Market Recap – April 14, 2022 Vladimir Putin called the peace talks a “dead end” as his military heightened its focus on Ukraine’s eastern Donbas region. Russia’s flagship cruiser, the Moskva,...
View ArticleWeekly Market Recap – April 22, 2022
Weekly Market Recap – April 22, 2022 Russia has proclaimed the fall of Mariupol; the Pentagon is sending Ukraine an additional $800 million in military aid for the second time in two weeks. As of...
View ArticleWeekly Market Recap – April 29, 2022
Weekly Market Recap – April 29, 2022 President Biden asked Congress to authorize $33 billion for weapons as well as economic and humanitarian aid for Ukraine. According to the U.N., more than 5.4...
View ArticleWeekly Market Recap – May 6, 2022
Weekly Market Recap – May 6, 2022 The Fed announced a 0.5% interest rate increase, the largest increase in the federal-funds benchmark since 2000, as the central bank continues efforts to combat...
View ArticleWeekly Market Recap – May 13, 2022
Weekly Market Recap – May 13, 2022 On Thursday, Finland pledged to join NATO, a move prompted by Russia’s February invasion of Ukraine. In a 368 to 57 vote, the House passed a bill to provide Ukraine...
View ArticleWeekly Market Recap – May 20, 2022
Weekly Market Recap – May 20, 2022 The U.S. is now seeing more than 100,000 COVID-19 cases per day for the first time in months; cases are up 52% and hospitalizations are up 31% in the past two weeks....
View ArticleWeekly Market Recap – May 27, 2022
Weekly Market Recap – May 27, 2022 Tuesday was the three-month mark since Russia invaded Ukraine. As the week came to a close, the White House reported that Russia is expected to default on its debt....
View ArticleWeekly Market Recap – June 3, 2022
Weekly Market Recap – June 3, 2022 An OPEC Plus announcement on Thursday that the organization will increase crude oil production delivered a surprise: the volume of the increase was more than analysts...
View ArticleWeekly Market Recap – June 10, 2022
Weekly Market Recap – June 10, 2022 In a move to mitigate soaring inflation, the European Central bank will raise interest rates in July. The quarter-percentage-point increase will be ECB’s first rate...
View ArticleWeekly Market Recap – June 17, 2022
Weekly Market Recap – June 17, 2022 Aiming to stem inflation, the Federal Reserve raised interest rates by three-quarters of a percentage point on Wednesday; 1994 was the last time the central bank...
View ArticleWeekly Market Recap – June 24, 2022
Weekly Market Recap – June 24, 2022 The Russian ruble, which had collapsed to 139-per-U.S.-dollar after Putin invaded Ukraine, was the strongest major currency during the week. On Tuesday, the ruble...
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