Posts by Scarlet Oak
Markets pushed and pulled by Delta variant news
In this week’s recap: Despite Delta variant fears, stocks rise on strong jobs, strong earnings reports. Weekly Economic Update THE WEEK ON WALL STREET Overcoming jitters about the Delta variant and the reintroduction of mask requirements, stocks climbed higher on strong employment data and a fresh batch of strong corporate earnings. The Dow Jones Industrial…
Read MoreStocks Take A Breather
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 THE WEEK ON WALL STREET The stock market posted small losses last week despite a very strong showing by corporate America. The Dow Jones Industrial Average slipped 0.36%, while…
Read MoreMarkets Overcome Reaction to Latest Delta Variant News
In this week’s recap: Markets overcome reaction to latest Delta variant news. Weekly Economic Update THE WEEK ON WALL STREET Overcoming a COVID-related economic growth scare, stocks moved higher amid a week of strong corporate earnings reports. The Dow Jones Industrial Average rose 1.08%, while the Standard & Poor’s 500 gained 1.96%. The Nasdaq…
Read MoreStocks Retreat As Inflation Advances
In this week’s recap: Stocks Retreat As Inflation Advances. Weekly Economic Update THE WEEK ON WALL STREET Despite a good start to earnings season and some solid economic data, worries of slower second-half economic growth led to a pullback in stock prices last week. The Dow Jones Industrial Average fell 0.52%, while the Standard…
Read MoreCapital Asset Advisory Services Market Update: Second Quarter 2021
The second quarter of 2021 saw continued increases in most stock, bond, and commodity markets. As vaccine distribution has increased, so has business activity in those areas. Using air traffic as a crude proxy for normal-economic-activity, you can see the yearly changes in passenger traffic. Using 2019 (in green) as a baseline, 2021 (in yellow)…
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