Weekly Economic Update November 21, 2022

November 21, 2022Economic Update

In this week’s recap: Markets down ahead of Thanksgiving holiday. Weekly Economic Update Presented by Rabenold Advisors, November 21, 2022 THE WEEK ON WALL STREET The stock market edged lower last week as it digested a crosscurrent of conflicting economic data and contrasting comments from Fed officials. The Dow Jones Industrial Average was flat (-0.01%), … Read More

Weekly Economic Update November 14, 2022

November 16, 2022Economic Update

In this week’s recap: Cooling inflation brings market gains. Weekly Economic Update Presented by Rabenold Advisors, Inc., November 14, 2022 THE WEEK ON WALL STREET A cooling inflation number ignited a powerful rally on Thursday, sending stocks to strong gains for the week. The Dow Jones Industrial Average gained 4.15%, while the Standard & Poor’s … Read More

Weekly Economic Update for November 7, 2022

November 8, 2022Economic Update

In this week’s recap: Stocks slip after Powell comments. Weekly Economic Update Presented by Rabenold Advisors, November 7, 2022 THE WEEK ON WALL STREET Hawkish comments by Fed Chair Jerome Powell, following the announcement of another 75 basis points interest rate hike last week, cast a pall over financial markets, sending yields higher and stocks … Read More

Weekly Economic Update October 31, 2022

November 1, 2022Economic Update

In this week’s recap: Plenty of treats for Wall Street this week. Weekly Economic Update Presented by Rabenold Advisors, October 31, 2022 THE WEEK ON WALL STREET Stocks overcame poor earnings results from some of America’s largest companies to post gains last week as investors cheered positive earnings surprises, easing inflation and a rebound in … Read More

Weekly Economic Update October 24, 2022

October 25, 2022Economic Update

In this week’s recap: Wall Street flips the script, enjoys a rally. Weekly Economic Update Presented by Rabenold Advisors, October 24, 2022 THE WEEK ON WALL STREET A positive start to a new earnings season and late-week hopes for a near-term easing in Fed rate hikes lifted investors’ spirits and powered stocks to gains for … Read More

Weekly Economic Update October 17, 2022

October 17, 2022Economic Update

In this week’s recap: Volatility reigns; inflation remains unchecked. Weekly Economic Update Presented by Rabenold Advisors, Inc., October 17, 2022 THE WEEK ON WALL STREET Stocks were mixed last week amid wide intra- and inter-day price swings, as technology shares bore the brunt of the downdraft. The Dow Jones Industrial Average gained 1.15% for the … Read More

Weekly Economic Update October 10, 2022

October 11, 2022Economic Update

In this week’s recap: Boost early in week keeps markets ahead. Weekly Economic Update Presented by Rabenold Advisors, October 10, 2022 THE WEEK ON WALL STREET A powerful two-day stock rebound cemented a positive week for investors as a new trading month began. The Dow Jones Industrial Average rose 1.99%, while the Standard & Poor’s … Read More

Weekly Economic Update, October 3, 2022

October 4, 2022Economic Update

In this week’s recap: U.S. and U.K. see financial turbulence. Weekly Economic Update Presented by Rabenold Advisors, October 3, 2022 THE WEEK ON WALL STREET Rising recession fears and uncertainty in the bond and currency markets sent stocks to new 2022 lows last week. The Dow Jones Industrial Average declined 2.92%, while the Standard & … Read More

Economic Update for September 26, 2022

September 27, 2022Economic Update

In this week’s recap: Fallout from Powell comments continues. Weekly Economic Update Presented by Rabenold Advisors,, September 26, 2022 THE WEEK ON WALL STREET Last week, Fed Chair Powell said the U.S. would not tame inflation without economic pain. This week heightened recession fears and sent stocks broadly lower. The Dow Jones Industrial Average dropped … Read More

Weekly Economic Update for September 19, 2022

September 20, 2022Economic Update

In this week’s recap: White hot inflation report alarms investors. Weekly Economic Update Presented by Rabenold Advisors, September 19, 2022 THE WEEK ON WALL STREET A hotter-than-expected inflation report sent stocks sharply lower last week as investors faced the prospect of more aggressive interest rate hikes by the Federal Reserve for perhaps a longer period. … Read More