The week of the Presidential and Congressional elections has arrived. Markets are likely primed for a week of high volatility as an immediate outcome is less likely this year, largely due to numerous mail in ballot operations that are more time consuming to process.
Stocks declined […]
Stocks declined this week as COVID-19 infections continue to increase globally. Economic data mostly improved this week, with PMI, unemployment claims, and housing data beating expectations. Unemployment claims have been choppy but moving downwards, likely indicating slowly recovering labor markets. Recently, unemployment declines have slowed, […]
Stocks moved mostly sideways this week, as COVID-19 continues to spread globally and fiscal stimulus drama continued. Economic data was mixed this week, with retail sales and consumer sentiment data beating expectations but also producing higher than expected unemployment. Unemployment claims have been choppy but […]
Stocks rose this week, continuing the recovery from the September slump. Economic data was light this week, with services PMI data beating expectations and higher than expected unemployment. Unemployment claims have been choppy but moving downwards, likely indicating slowly recovering labor markets. Unemployment claims are […]
Stocks rose this week, breaking a four week streak of losses. Economic data was mixed this week, marked by an expectations miss in non-farm payrolls but also a lower than expected unemployment rate. Unemployment claims continue to trend downwards, likely indicating slowly recovering labor markets. […]
Stocks fell this week for a fourth straight week, continuing the September swoon trend. Economic data was mixed this week, marked by an expectations miss in durable goods orders but stronger than expected manufacturing and services PMI. Unemployment claims continue to trend downwards, likely indicating […]
Stocks fell this week for a third straight week as the month of September continues to be a poor month for investors. Markets have trended down the last three weeks after setting all time highs on September 2. Economic data was mixed this week, marked […]
Stocks fell this week during a four day market week. Markets have trended down the last two weeks after having just set new all time highs. Economic data was sparse this week, but CPI numbers and weekly unemployment claims indicated economic health is likely still […]
Stocks fell this week even as manufacturing data shined. The S&P 500 fell from intraweek all time highs on Wednesday. Economic data was mixed this week, but overall indicative of further economic recovery. Labor conditions and manufacturing were strong this week as the most recent […]
Stocks rose this week as durable goods numbers beat expectations, helping propel the S&P 500 to close at fresh all time highs on Friday. Another week of solid economic data helped support stock prices and push up treasury yields. Also helping reassure investors was a […]
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