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It was another week of declines, punctuated by a few reasons for hope.
It was another week of declines, punctuated by a few reasons for hope.
Market optimism continues to evaporate as headline after headline continues to roil investing sentiment.
There are times when investor sentiment turns so sour that the good gets thrown out with the bad.
There simply wasn’t anywhere to hide this week as the markets began digesting first quarter earnings announcements.
I usually start by stating something like, “the markets moved higher this week” or “we look to close flat this week.”
This last week of the quarter finished mostly flat with a bit of profit taking on the last day.
While the Dow Jones Industrial Average closed flat for the week, the S&P 500 and the Nasdaq eked out 1.5% and 2% gains respectively
The markets bounced back this week as investor fatigue seems to have run its course. Inflation has not been fixed.
Three weeks into the war with Ukraine, and it feels like we are no closer to an end.
Let’s talk silver linings. COVID cases in 90% of U.S. counties are experiencing low or medium community spread.