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Featured News and Insights

Patience Tried

Patience tried. Stocks sold off on Friday in a volatile session as investors clamored to determine the economic fallout of the virus outbreak. In the worst week for stock indexes since 2008, the S&P500 swung more than 4% up or down for 9 out of the last 10 trading sessions.
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Balancing Act

Balancing act. Stocks rose yesterday as investors awaited some comforting words from lawmakers on economic stimulus. Oil rallied on news that President Trump may intervene in the spat between energy heavyweights Saudi Arabia and Russia.
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Hunkering Down

Hunkering down. Stocks experienced another selloff amidst continuing fear of a recession. The selling was not limited to stocks as bonds, commodities, and even gold found their way onto the chopping block.
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Financial Medicine

Financial medicine. Stocks rallied yesterday as the administration shared its plans to heal the sickening economy. The Fed continued to roll out stimulus for banks and added a package for corporations as well.
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Below Deck

Below deck. Stocks were hit hard yesterday after traders digested economic news over the weekend and Chinese economic numbers were worse than expected. A regional Fed report showed manufacturing conditions in the region deteriorated by a record amount confounding fear in yesterday’s trade.
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Winter in Springtime

Winter in springtime. Stocks rallied in an epic snapback on Friday in response to Government action. The move in stocks almost made up for the prior day’s loss which was the largest single day percentage loss since 1987.
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