Ports in a Storm

September 27, 2021

  Equity markets dropped last Monday on China credit concerns, then rallied back with help of a steady hand from the Federal Reserve at the FOMC meeting midweek. The S&P 500 was +0.5%, the Dow was +0.6%, and the NASDAQ was flat. Oil continued its recent climb. The U.S. 10-year Treasury bond yield increased to …