Tag Archives: Inflation

Your Weekly Market Blip 7/20/21

The Markets,Stocks plunged yesterday as last week’s relative stability gave way to global concerns that rising covid-19 infection rates could derail the economic recovery. The Dow gapped down 2% at the opening bell following the lead of Asian and European markets. At the close the Dow was off 725 points at 33,962 on heavy trading…
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Your Weekly Blip 7/2/21

The Markets,While inflation and supply chain disruptions remain a problem, most economic indicators are looking good as seen with the latest jobs report coming in much better than expected at 850k new jobs and an unemployment rate of 5.9%. The Dow responded to this news by closing with a gain of 152 points on light…
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Your Weekly Market Blip 6/21/21

The Markets,Last week while I was on vacation the markets slumped with the Dow losing 3.45% or 1,189 points on heavy trading volume to close at 33,290. Some of that red ink was gained back today however as I have come off vacation and the Dow finished up 586 to close at 33,876. Trading volume…
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Your Weekly Blip 5/24/21

The Markets,Stocks continue to show volatility which appears to have been started with a 60% drop in the price of bitcoin and rippled through equity markets. The bottom line however is the Dow continues to trade at the 34,000 level with support at the 50 day moving average. Gurus are expecting continued volatility for the…
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