Is the bear market over? As with any market cycle, it takes time for a trend to get established. Stock prices seem to be rebounding, but the 10-year Treasury yield remains below the 2-year, indicating a recession could be on the horizon as noted below. Only time will tell how the markets will resolve conflicting … Read More
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Weekly Economic Update December 5, 2022
In this week’s recap: Easing on rate hikes and job numbers cheer markets. Weekly Economic Update Presented by Rabenold Advisors, December 5, 2022 THE WEEK ON WALL STREET Stocks ended higher last week as investors navigated the crosscurrents of a potential easing in future rate hikes and continued strength in the labor market. The Dow … Read More
Weekly Economic Update for March 14, 2022
In this week’s recap: Ukrainian War impacts global economy. Weekly Economic Update Presented by Rabenold Advisors, March 14, 2022 THE WEEK ON WALL STREET Intensifying hostilities in Ukraine continued to unsettle markets, as investors grappled with the war’s impact on the global economies. The Dow Jones Industrial Average lost 1.99%, while the Standard & Poor’s … Read More
Weekly Economic Update for February 7, 2022
In this week’s recap: Stocks extend last week’s rally, despite a major disappointment in the tech sector. Weekly Economic Update Presented by Rabenold Advisors, February 7, 2022 THE WEEK ON WALL STREET Stocks managed to gain ground last week as investors turned their focus to corporate earnings. The Dow Jones Industrial Average rose 1.05%, while … Read More
Weekly Economic Update for January 17, 2022
In this week’s recap: Volatile week as Fed speaks of multiple rate hikes. Weekly Economic Update Presented by Rabenold Advisors, January 18, 2022 THE WEEK ON WALL STREET Deteriorating investor enthusiasm for high-valuation growth companies and a mixed start to the fourth-quarter earnings season made for a volatile week. The Dow Jones … Read More
Weekly Economic Update for January 3, 2022
In this week’s recap: Despite Omicron concerns, stocks end year mostly positive, with strong holiday sales figures. Weekly Economic Update Presented by Rabenold Advisors, January 3, 2022 THE WEEK ON WALL STREET Stocks closed out the year on a mostly positive note, adding to the year’s gains as concerns about the economic issues of Omicron … Read More
The Week on Wall Street
In this week’s recap: Stocks open week on big highs, but end with small losses due to Delta concerns and a lower GDP. Weekly Economic Update Presented by «RepresentativeName», August 2, 2021 THE WEEK ON WALL STREET The stock market posted small losses last week despite a very strong showing by corporate America. The Dow … Read More
Weekly Economic Update for July 5, 2021
In this week’s recap: Employment reports and consumer confidence are up; stock market replies favorably. Weekly Economic Update Presented by Rabenold Advisors, July 5, 2021 THE WEEK ON WALL STREET Strong employment reports and rising consumer confidence sent the stock market broadly higher last week. The Dow Jones Industrial Average rose 1.02%, while the Standard … Read More
Weekly Economic Update for July 20, 2020
In this week’s recap: stocks see a mixed week, as COVID-19 cases rise, and news of vaccine emerges. Weekly Economic Update Presented by «RepresentativeName», July 20, 2020 THE WEEK ON WALL STREET Stocks were mixed last week as investors reacted to positive economic data, progress on a COVID-19 vaccine, and the continued nationwide increase of … Read More
Weekly Economic Update for July 13, 2020
In this week’s recap: stocks gain after volatile week, despite COVID-19 acceleration. Weekly Economic Update Presented by «RepresentativeName», July 13, 2020 THE WEEK ON WALL STREET Stock prices notched solid gains last week, looking past an increase in COVID-19 cases and any potential economic concerns raised by the trend. The Dow Jones Industrial Average increased … Read More