Weekly Economic Update for January 24, 2022

January 24, 2022Economic Update

In this week’s recap: Stocks sink on rate hike talk. Weekly Economic Update Presented by Rabenold Advisors, January 24, 2022 THE WEEK ON WALL STREET Stocks extended their January retreat as worries over inflation and rising bond yields continued to exert downward pressure on prices.   The Dow Jones Industrial Average slid 4.58%, while the Standard … Read More

Weekly Economic Update for January 10, 2022

January 10, 2022Economic Update

In this week’s recap: Hawkish Fed sees bonds higher and stocks retreat. Weekly Economic Update Presented by Rabenold Advisors, January 10, 2022 THE WEEK ON WALL STREET A jump in yields sparked by a more aggressive sounding Federal Reserve sent the market lower to start the new year.   The Dow Jones Industrial Average fell 0.29%, … Read More

Weekly Economic Update for December 27, 2021

December 27, 2021Economic Update

In this week’s recap: Fed tightens money policy. Weekly Economic Update Presented by Rabenold Advisors, December 20, 2021 THE WEEK ON WALL STREET Stock prices retreated last week as global central banks joined the Federal Reserve in taking steps to tighten monetary policy. The Dow Jones Industrial Average fell 1.68%, while the Standard & Poor’s … Read More

Weekly Economic Update for December 20, 2021

December 20, 2021Economic Update

In this week’s recap: Fed tightens money policy. Weekly Economic Update Presented by Rabenold Advisors, December 20, 2021 THE WEEK ON WALL STREET Stock prices retreated last week as global central banks joined the Federal Reserve in taking steps to tighten monetary policy. The Dow Jones Industrial Average fell 1.68%, while the Standard & Poor’s … Read More

Weekly Economic Update for December 13, 2021

December 15, 2021Economic Update

In this week’s recap: Milder Omicron news boosts stocks. Weekly Economic Update Presented by Rabenold Advisors, December 15, 2021 THE WEEK ON WALL STREET A more benign reassessment of the possible economic risk posed by Omicron sent stocks sharply higher last week. The Dow Jones Industrial Average picked up 4.02%, while the Standard & Poor’s … Read More

Weekly Economic Update for November 29, 2021

December 1, 2021Economic Update

In this week’s recap: COVID-19 variant clobbers markets. Weekly Economic Update Presented by Rabenold Advisors, December 1, 2021 THE WEEK ON WALL STREET News of a new, highly virulent COVID variant triggered a market sell-off on Friday, sending stocks into negative territory for the week. The Dow Jones Industrial Average slid 1.97%, while the Standard … Read More

Weekly Economic Update for November 22, 2021

November 24, 2021Economic Update

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

Weekly Economic Update for November 15, 2021

November 17, 2021Economic Update

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

Weekly Economic Update for November 1, 2021

November 3, 2021Economic Update

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

Weekly Economic Update for October 25, 2021

October 27, 2021Economic Update

In this week’s recap: Strong week on Wall Street, despite concerns with inflation, supply chain, and other matters Weekly Economic Update Presented by Rabenold Advisors, October 27, 2021 THE WEEK ON WALL STREET Stocks rallied last week on a stream of positive corporate earnings surprises. The Dow Jones Industrial Average rose 1.08%, while the Standard … Read More