Tag: Investing
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Tariff-Tantrum Wreaks The Markets
As a 3rd consecutive losing week sends the major averages into correction territory. Since Monday the S&P 500 lost 184 points or 3.1%, the NASDAQ fell 651 points or 3.45% while the DOW gave up 1.039 points or 2.37%. A truly bruising tariff tantrum inspired performance.
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Chaos and Uncertainty
The markets don’t like it. With chaos and uncertainty triggering meaningful losses on Wall Street for a second consecutive week. That saw the S&P 500 lose 59 points or .98%, the NASDAQ plunged 677 points or 3.47%, while the DOW gained 413 points or .95%.
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The Rapid Pace Of Change
Caught up to the markets this week. As they closed with significant losses unable to cope with the pace of change. Since Tuesday the S&P 500 fell 101 points or 1.65%, the NASDAQ slipped 503 points or 2.51% while the DOW gave up 1,143 points or 2.57%.
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The Speed Of Chaos
With the Trump administration continuing to move at the speed of chaos, disrupting everything in its path. I begin to wonder about terminal velocity. Tariff induced trade wars come and go in the blink of an eye. The lamestream media begs for a day off because they can’t keep up.
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Are You Feeling Stressed?
The major averages finished another week in the red, leaving investors feeling stressed. The S&P 500 slipped 15 points or .24%, the NASDAQ lost 104 points or .53% while the DOW fell 246 points or .55%. The January employment report missed expectations significantly with just 143,000 new jobs created.
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Life’s Full Of Surprises
This week was full of surprises. Trump’s announcement today of 25% tariffs on Mexico and Canada spooked the markets. Sending them into the close mixed. Since Monday the S&P 500 lost 60 points or .98%, the NASDAQ slipped 327 points or 1.64%, while the DOW gained 121 points or .27%.
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The Winds Of Change
The first week of Trump 2.0 has sent the winds of change blowing across the land. Pleasing some and enraging others. While change is not always welcome it is a necessary part of life. Let’s all hope it works out well for the republic and its citizenry.
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Is The Sun Setting On America?
Is the sun setting on America? After last week’s bruising. The major averages roared back this week finishing with solid gains. Led by the DOW up 1,550 points or 3.7%, the S&P 500 gained 170 points or 2.92% while the NASDAQ increased 478 points or 2.5%.
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Recession, what recession?
With all the screaming and shouting continuing in the post-election period. I can hardly hear myself think, let alone pay close attention to the voices in my head. Which brings me to this week significant economic and market data. Recession, what recession? It’s the Economy Stupid! With 4th quarter GDP tacking +2.6% per the latest…
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A Huge Week
A huge week for the Republicans and a huge week for the markets. The Republicans shocked many after the election gave them not only the presidency. But also control of the House and Senate.