Dow Jones 31,393 (-4.58%) S&P 500 3,901 (-5.05%) Nasdaq 11,340 (-5.60%) Bitcoin $29,088 (-1.96%) Last week was another awful showing for markets across the board as inflation data and further shutdowns in China continue to spook investors. The week ended with inflation being reported over 8%, a figure that most of us expected but still a shock to the…
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Dow Jones 32,900 (-0.94%) S&P 500 4,109 (-1.20%) Nasdaq 12,013 (-0.98%) Bitcoin $29,822 (+4.36%) Last week ended slightly down overall to kickoff the month of June but otherwise last week was mostly flat given recent movements. The tight job market is affecting businesses differently these days as American small businesses are pulling back on hiring in a tight…
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5/24/22 Dow Jones 31,262 (-2.90%) S&P 500 3,901 (-3.05%) Nasdaq 11,355 (-3.82%) Bitcoin $29,218 (-0.05%) Last week was another wild trading session with Friday’s gains a happy way to end an otherwise down week again. Target and Walmart earnings where key references, showcasing rising costs and slowing consumer spending. We hope this drop in demand can actually have positive…
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Dow Jones 32,197 (-2.14%) S&P 500 4,024 (-2.41%) Nasdaq 11,805 (-2.80%) Bitcoin $29,994 (-16.75%) 5/16/22 Friday was a rollercoaster of a day, but the week still ultimately ended in yet another decline for markets. The collapse of the largest “stable” coin is important for crypto markets, but it is also my belief that this rapid collapse in value will turn smaller retail traders…
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