Weekly Commentary

THE WEEK ON WALL STREET – March 31, 2020

An open-ended commitment by the Federal Reserve to support American businesses and capital markets along with the passage of a $2 trillion aid package improved investor sentiment and drove a strong rally in stock prices. The Dow Jones Industrial Average jumped 12.84%,...

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THE WEEK ON WALL STREET – March 24, 2020

The stock market suffered through another volatile week as it wrestled with the health and economic fallout of the domestic spread of the coronavirus. Swift and decisive actions by the Federal Reserve and policy responses from the federal government did not keep...

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Coronavirus Update Letter – March 16, 2020

Hello Everyone. Having gone thru the last 2 major Bear Markets (2000-02, and 2008-09) here are some thoughts for today and items at the end to make sure we are connected. First stay calm and don't forget to breathe. This market drop was quicker in terms of time. To me...

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THE WEEK ON WALL STREET – March 17, 2019

Markets remained exceptionally volatile, buffeted by the spreading impact of coronavirus, uncertain responses from federal policymakers, and the sudden drop in oil prices. The Dow Jones Industrial Average fell 10.36%, while the S&P 500 declined 8.79%. The Nasdaq...

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THE WEEK ON WALL STREET – March 10, 2020

Heightened coronavirus fears, falling yields, and Super Tuesday primary results sent stocks on a rollercoaster ride of sharp price swings, leaving stocks marginally higher for the week. The Dow Jones Industrial Average improved 1.79%; the S&P 500, 0.61%; the...

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THE WEEK ON WALL STREET – March 3, 2020

Stocks fell sharply last week as Wall Street considered how the coronavirus outbreak might influence global business activity and household spending. The selloff became a correction for the U.S. markets. The S&P 500 retreated 11.49%; the Dow Jones Industrial...

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THE WEEK ON WALL STREET – February 25, 2020

Traders paid close attention to coronavirus developments and earnings last week, while wondering how the former might eventually impact the latter. Concern over updated infection numbers moderated risk appetite. A pair of key stock benchmarks posted similar weekly...

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THE WEEK ON WALL STREET – February 19, 2020

Daily headlines about the coronavirus had little impact on stock market averages last week. Earnings and mergers had more influence. All three Wall Street benchmarks improved. The Nasdaq Composite rose 2.21%, outpacing the S&P 500, up 1.58%, and the Dow Jones...

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THE WEEK ON WALL STREET – February 11, 2020

Stocks advanced four days out of five during the past market week, erasing the losses of the week before. The Nasdaq Composite surged 4.04%, the S&P 500 3.17%, and the Dow Jones Industrial Average 3.00%. Foreign stocks also rallied: the MSCI EAFE index added...

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THE WEEK ON WALL STREET – January 28, 2020

Stock prices fell last week as investors considered the potential health and economic risks of the flu-like coronavirus. Foreign stock markets, as tracked by the broad MSCI EAFE index, fell 1.03% for the week. Coincidentally, the S&P 500 lost exactly that much...

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