Market Volatility Is Here It was another tough week for the markets. The Dow Jones was off 20.9%, S&P 500 off 24.8, and Nasdaq off 32.4. The MSI IFI index was off 29.19. Just think about that: 20 to 30% off right now. The third quarter just ended, and here we are sitting with market…

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Another Tough Week on Wall Street Another tough week for everybody on Wall Street. Dow off 4.1, S&P off almost 5%. Nasdaq down 5.5. The International Index, the IFI, off 1.8. Ten-year treasury, 1.9% positive for the year. And oil, what a pullback, right? Oil traded at $85 this week. Oil is only up 13%…

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Tough Week on Wall Street This was a tough third week in a row on Wall Street. Markets finished down as China, Russia, COVID fears, and Fed policy all weighed in. The Dow was down 3%. It’s now down almost 14% for the year. The S&P 500 closed at 3924, down 3.3% for the week.…

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Tough Week for the Markets It was a tough week for the market. Clearly, the economic news is not controlling the market—the Fed is. The market for the week finished down 4.2% on the Dow. The S&P 500 was down 4%. The NASDAQ was off 4.4%—back in correction territory, over 22.4% down for the year.…

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Markets were off a little bit this week, as an article in the Wall Street Journal suggested that the Fed may be disengaged with the stock market. The Dow Jones was down 0.2%, S&P 500 off 1.2%, NASDAQ down 2.6. The ten-year Treasury was slightly up at 0.1 to close the week at 2.97%. Year…

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Inflation Took a Step in the Right Direction Inflation took a step in the right direction this week as headline CPI and PPI data came in better than expected. The markets liked it quite a bit. The S&P 500 finished the week up 3.3%, the Dow Jones up 2.9%, and Nasdaq up 3.1. The ten-year…

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Unexpected Jobs Data In July, the U.S. economy added an impressive 528,000 jobs. This was double the expected jobs number. However, the market didn’t do so well this week. The Dow was off slightly, off 0.1%. S&P was up a little bit, 0.4. Nasdaq up 2.2 for the week, but most of that happened early…

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The market had a pretty good day last Tuesday. For the week, the Dow finished up 3%, S&P 500 up 4.3%, NASDAQ was up 4.7. It’s still off over 20% for the year, so technically, in a bear market. The ten-year treasury was down to 2.66% on the yield, and year to date, we’re now…

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You love it. You know you do. Why else would you spend so much time with it? I’m talking about your favorite car or, if you’re fortunate, car collection. The truth is, when you die, decisions will have to be made about your precious collection that you may or may not agree with. Why leave…

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