Month: December 2021
Fed finally makes a move. Is it enough? At its last Federal Open Market Committee (FOMC) meeting of 2021, the Federal Reserve finally said what we’ve all been feeling and took some action. Initially, the Fed announced it would begin tapering its $120 billion per month in bond purchases by $15 billion. It was also…
Markets shake off omicron and look to the Fed After selling off the week prior, markets decided the omicron variant likely is not something that will bring us back to the same places we were in initially with the coronavirus or delta variant. News of no new widespread restrictions, mandates or lockdowns was enough to…
Omicron smacks markets around As we emerged from the Thanksgiving holiday weekend, the large stock market drop on Black Friday was fresh in investors’ minds. Black Friday weekend shopping readings offered little optimism as they were still well below pre-pandemic levels. Consumers seem to have front-loaded purchases in response to supply chain concerns. Markets rallied…
AE Wealth Management Weekly Market Insights | 12/19-12/25/21
Making market spirits bright Last week, domestic markets bounced back after studies showed the new omicron variant might not be as severe or disruptive as previously feared. After sliding the previous week, markets carried the downward momentum into Monday, and the S&P 500 marked its first three-day losing streak sinceMay. Continuing concerns around omicron and…
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