In this week’s recap: Markets react to growing COVID-19 infections and potential successor to Powell. Weekly Economic Update Presented by Rabenold Advisors, November 22, 2021 THE WEEK ON WALL STREET Stocks were mixed last week in choppy trading as investors battled the crosscurrents of good economic data and a troubling rise in COVID-19 infections globally. … Read More
In this week’s recap: Stocks tap the brakes after signs of higher inflation. Weekly Economic Update Presented by Rabenold Advisors, November 17, 2021 THE WEEK ON WALL STREET Stocks posted small declines last week as investors digested recent stock market gains and an unexpectedly high inflation read. The Dow Jones Industrial Average slid 0.63%, while … Read More
In this week’s recap: Earnings build while GDP slows. Weekly Economic Update Presented by Rabenold Advisors, November 3, 2021 THE WEEK ON WALL STREET A fresh wave of positive corporate earnings surprises sent markets to new record highs last week. The Dow Jones Industrial Average increased 0.40%, while the Standard & Poor’s 500 rose 1.33%. … Read More