As of this writing, the Dow Jones Industrial Average has plunged over 750 points. The NASDAQ and S&P 500 are both down close to 3%. Today’s decline is coming on the heels of last week’s 3% drop in the equity markets. Prior to last week, the markets had been flying high. Why the sudden change of sentiment?
The volatility began last week with the Fed’s move to lower interest rates. While the Fed’s decision to cut rates by a quarter of a percentage..
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Welcome to “The Week Ahead” where we take a moment to provide our thoughts on what we can expect in markets and the economy during the upcoming week.
This summer I had the opportunity to tour Portugal and spent a few days in Porto, famous for their Port wine cellars, as well as the Douro Valley, where Port wine is actually made. For those unfamiliar with Port wine, it is a fortified wine typically served as a dessert wine. The Douro Valley..
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Welcome to “The Week Ahead” where we take a moment to provide our thoughts on what we can expect in markets and the economy during the upcoming week.
Over the weekend I attended a very upscale bat mitzvah hosted by some family friends. They went all out with the venue, incredible food and a top-shelf open bar. Since I’m not much of a drinker, I wouldn’t normally be tempted, but as they had my absolute favorite single malt Scotch, Macallan, I..
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