Dec 30, 2022
Summing Up The Week The stock market started weak on Tuesday and only got worse as the week went on as investors’ hopes for a “Santa Claus Rally” appeared to be exchanged for tax-loss harvesting, instead. On Thursday, the market experienced a bit of...
Dec 23, 2022
Summing Up The Week This week defined whipsaw action, kicking off when the Bank of Japan widened its bond yield, a move the country’s central bank hasn’t done in decades. Then, Nike (NKE) and FedEx (FDX) reported good quarters Tuesday evening to make...
Dec 16, 2022
Summing Up The Week The markets flew into the week with far too much bullish optimism only to have that hopeful outlook sliced and diced by a very hawkish Federal Reserve on Wednesday and weak economic figures later in the week. Let’s take a look at the news...
Dec 9, 2022
Summing Up The Week The markets seemed to finally wake up to reality this week. After last week’s rally on the back of Federal Reserve Chair Jerome Powell’s interview where he said the Fed would likely hike less than 0.75% in the December meeting, it felt...
Dec 2, 2022
Summing Up The Week The week started off rocky following protests against Covid controls in China and unease about Fed Chair Powell’s upcoming speech on Wednesday. However, markets exploded to the upside when Powell revealed that the Fed is considering slowing...
