What Happened This Week 12/28/2018

What Happened This Week 12/28/2018

What Happened This Week? All For One & Volatility For All! The market opened this week in the red  as the S&P dropped 2.7% while the Dow Jones fell 2.9% before closing at noon on Monday.  When they reopened Wednesday, the markets roared back! The S&P and Dow gained 4.9% and 5.0% respectively. The rollercoaster continued on Thursday when the Dow dropped 400 points (1.75%) at the market open […]

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What Happened This Week 12/21/2018

What Happened This Week 12/21/2018

WHAT HAPPENED THIS WEEK?   Fed Raises Rates #AsExpected The Federal Reserve announced on Wednesday that it would raise interest rates for the 4th time in 2018 by a quarter of a percent. All signs had pointed towards a December rate hike as the Fed increased rates to 2.5%. However, President Trump was unsurprisingly critical of the decision, as has been customary with each rate […]

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What Happened This Week 12/14/2018

What Happened This Week 12/14/2018

What Happened This Week? Are we entering into a recession, or are we already there? In the past 3 months, we’ve lost $3 trillion in company value in the stock market. Company valuations are on the decline. As of Friday’s close, the S&P 500 was down over 11% from its September close, with more than half of the companies absorbing bear-market losses of 20 percent of […]

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What Happened This Week 12/7/2018

What Happened This Week 12/7/2018

WHAT HAPPENED THIS WEEK?   Inversion Alert The spread between the 3-year and 5-year US Treasury yields turned negative on Monday for the first time since 2007. Although not directly related, the inversion of treasury bills has signaled incoming recessions in the past as short-term money becomes more expensive than long-term money. Regardless, Monday’s action proves that the Federal Reserve’s contractionary monetary policy is soon […]

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