Equities Bounce As Corporations Buy Back
For the first time in four weeks, equities finished higher in a short 4-day trading week.
For the first time in four weeks, equities finished higher in a short 4-day trading week.
In light of the last Jurassic Park installment this Summer, I thought it might be good to revisit the movie that started it all.
Despite two positive trading days last week, equities responded to rising inflation and a Fed rate hike with another down week.
Markets are volatile and the Fed is sending mixed messages.
Bond yields adjusted higher last week in anticipation of a rate hike by the Fed this week.
Unfortunately, in terms of economic stability, we are just now entering the night. Recession appears to be on the horizon and like a rogue car in oncoming traffic, the average person doesn't see it coming - or do they?