Last Hand of 21

December 27, 2021

  It was a mostly optimistic holiday week, although COVID-19 was still a background factor. The S&P 500 Index was higher for the week by +2.3%, the Dow was +1.7%, and the NASDAQ was +3.2%. The U.S. 10-year Treasury bond yield increased to 1.492% at Thursday’s close versus 1.407% the previous week. The COVID omicron …

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Roaring into the 20’s

December 30, 2019

  Barring any significant disruption happening over the next two days, the equity market will be closing 2019 at, or near, record highs. Many of the worries from a year ago, such as global trade and a hawkish Federal Reserve, have dissipated. Consumer spending has been a key component of economic growth for the year. …

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