Weekly Economic Update January 10, 2022

January 12, 2022 Weekly Economic Updates
In this week’s recap: Hawkish Fed sees bonds higher and stocks retreat. THE WEEK ON WALL STREET A jump in yields sparked by a more aggressive sounding Federal Reserve sent the market lower to start the new year. The Dow Jones Industrial Average fell 0.29%, while the Standard & Poor’s 500 declined 1.87%. The Nasdaq
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Monthly Economic Update January 2022

January 11, 2022 Blog
In this month’s recap: Stocks rally as early data suggests the health impact of Omicron was less severe than initially feared. U.S. Markets Stocks rallied in December as early data suggested that the health impact of the Omicron variant was less severe than initially feared. The Dow Jones Industrial Average picked up 5.38 percent, while
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Weekly Economic Update January 3, 2022

January 4, 2022 Weekly Economic Updates
In this week’s recap: Despite Omicron concerns, stocks end year mostly positive, with strong holiday sales figures. THE WEEK ON WALL STREET Stocks closed out the year on a mostly positive note, adding to the year’s gains as concerns about the economic issues of Omicron infections receded. The Dow Jones Industrial Average rose 1.08%, while
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Weekly Economic Update December 20, 2021

December 23, 2021 Weekly Economic Updates
In this week’s recap: Fed tightens money policy. THE WEEK ON WALL STREET Stock prices retreated last week as global central banks joined the Federal Reserve in taking steps to tighten monetary policy. The Dow Jones Industrial Average fell 1.68%, while the Standard & Poor’s 500 dropped 1.94%. The Nasdaq Composite index tumbled 2.95% for
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Retirement In Sight DECEMBER 2021

December 16, 2021 Retirement Insights
QUOTE OF THE MONTH “Often when you think you’re at the end of something, you’re at the beginning of something else.” – FRED ROGERS WHEN YOU ARE WITHIN FIVE YEARS OF RETIREMENT If your anticipated retirement date seems about five years away, think about some of the proactive steps you could take before that date arrives.
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Weekly Economic Update December 13, 2021

December 13, 2021 Weekly Economic Updates
In this week’s recap: Milder Omicron news boosts stocks. THE WEEK ON WALL STREET A more benign reassessment of the possible economic risk posed by Omicron sent stocks sharply higher last week. The Dow Jones Industrial Average picked up 4.02%, while the Standard & Poor’s 500 advanced 3.82%. The Nasdaq Composite index gained 3.61% for
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Monthly Economic Update December 2021

December 7, 2021 Blog
In this month’s recap: Reports of a new COVID-19 variant blindsided markets as a wave of late selling erased the month’s earlier gains. U.S. Markets Reports of a new COVID-19 variant in late November roiled markets as a wave of selling erased the month’s earlier gains. The Dow Jones Industrial Average took the hardest hit,
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Weekly Economic Update December 6, 2021

December 6, 2021 Weekly Economic Updates
In this week’s recap: Market copes with unpleasant news; Powell surprises, Omicron concerns, and a less than stellar jobs report disappoints. THE WEEK ON WALL STREET Stocks took investors on a wild ride last week as the Omicron variant and Fed comments upended market expectations. The Dow Jones Industrial Average fell 0.91%, while the Standard
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Weekly Economic Update November 29, 2021

November 30, 2021 Weekly Economic Updates
In this week’s recap: COVID-19 variant clobbers markets. THE WEEK ON WALL STREET News of a new, highly virulent COVID variant triggered a market sell-off on Friday, sending stocks into negative territory for the week. The Dow Jones Industrial Average slid 1.97%, while the Standard & Poor’s 500 slumped 2.20%. The Nasdaq Composite index lost
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Weekly Economic Update November 22, 2021

November 22, 2021 Weekly Economic Updates
In this week’s recap: Markets react to growing COVID-19 infections and potential successor to Powell. THE WEEK ON WALL STREET Stocks were mixed last week in choppy trading as investors battled the crosscurrents of good economic data and a troubling rise in COVID-19 infections globally. The Dow Jones Industrial Average slid 1.38%, while the Standard
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