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Strong Jobs Can’t Revive Market’s Swoon

This week has been hard on investors, with Thursday’s 1,000-point plunge in the Dow Jones Industrial Average making for especially grim headlines. Even short-sellers, who bet on falling prices rather than rising ones, had reason to reach for an antacid, with Wednesday’s nearly 1,000-point rally unraveling some bearish bets just before their …

Strong Jobs Can’t Revive Market’s Swoon

This week has been hard on investors, with Thursday’s 1,000-point plunge in the Dow Jones Industrial Average making for especially grim headlines. Even short-sellers, who bet on falling prices rather than rising ones, had reason to reach for an antacid, with Wednesday’s nearly 1,000-point rally unraveling some bearish bets just before their …

Has U.S. Inflation Peaked?

Please note: This update was prepared on Thursday, April 14, 2022, prior to the market’s close. First-quarter earnings reports, along with improved consumer sentiment, were an early Easter egg for investors this week, arriving in time to temper the latest inflation report. Overall, the earnings news was solid enough to break a …

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Has U.S. Inflation Peaked?

First-quarter earnings reports, along with improved consumer sentiment, were an early Easter egg for investors this week, arriving in time to temper the latest inflation report. Overall, the earnings news was solid enough to break a three-day losing streak for the S&P 500 and the NASDAQ on Wednesday, with travel stocks rallying …

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