Life and Debt
It was an active week that saw mostly upside as news of a potential debt ceiling deal was in the works.
It was an active week that saw mostly upside as news of a potential debt ceiling deal was in the works.
The markets continued lower this week as debt ceiling negotiations stalled and news outlets chose to spark fear over the dire consequence of a U.S. debt default.
The markets gave up a little ground this week although ended on a high note.
This week was all about earnings announcements and with few exceptions, they were much better than expected.
I have so much to report this week but such limited space in this weekly update.
With news about the banking issues subsiding, the markets had an opportunity to gain some traction this week.
Despite the continued uncertainty with banks, all the major U.S. equity indices closed higher this week.
I sat down to right this and thought of how the markets continued to sell off this week in the face of further bank closures
Perhaps the brightest thing that happened this week is that we changed the header from a winter scene to a spring scene.
The S&P 500 ends a difficult February with a 2.6% decline in inflation data.