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Fall fell, stocks rose. Stocks rose yesterday as investors expressed their relief that the Fed served up no negative surprises on Wednesday. Bond traders pressured longer maturity rates as they set their sights on inflation. N O T E W O R T H Y On second thought. There was a bit of head scratching…
Tape versus taper Newsflash: We are still in the midst of a pandemic. In fact, in the US, we are experiencing what many are referring to as The Third Wave. As of last night’s close, the S&P 500 was up by +20.57% year to date. “Isn’t that counterintuitive,” you are probably thinking. Well, technically speaking…
As expected. Stocks rose yesterday after the Fed signaled its taper plans, mostly expected. Evergrande announced that it had sorted out its interest payment, due today, providing relief to the markets’ earlier in the week anxiety. N O T E W O R T H Y Done and dusted. Knowing is everything when it comes to…
Just can’t shake that feeling. Stocks were unable to hold onto early dip buying gains as jitters remain from Evergrande’s epic shortcomings. Housing numbers reflected a massive comeback in August signaling that the homebuilding industry is still hot. N O T E W O R T H Y Spotty future. Do you want to know what…
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