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FBC Barrons Roundtable July 12, 2024 - Vimarsana News

FBC Barrons Roundtable July 12, 2024

Colleagues. It was a mostly ugly week for the market, and it ended really strongly. Its kind of schizophrenic. Whats going on . Well, the market was due for a fall after having the kind of rally it did, and it finally got an excuse this week when covid hospitalizations started rising. Its not in places like new york that have been hot spots before, but in places where it really hadnt been like texas and arizona. And that kind of freaked the market out because if there has to be shutdowns around the country at different places, it means that the economy cant come back as quickly as people thoug...

FBC Barrons Roundtable July 12, 2024 - Vimarsana News

FBC Barrons Roundtable July 12, 2024

Sweet week for the market, up nicely, but if you look a little bit farther back, were actually right where we ended up in may. We went nowhere in june. What would move the market up or down Going Forward . Yeah, thats right. The market had a great week. The s p 500 finished up 4 . Only up 2 from a month ago, its gone nowhere. Theres been this push and pull between good news, we had a lot this week, both the payrolls numbers close to 5 million new jobs added, better manufacturing surveys, and that caused investors to overlook a lot of the bad coronavirus news. But thats just making back what we...

FBC Barrons Roundtable July 12, 2024 - Vimarsana News

FBC Barrons Roundtable July 12, 2024

Sweet week for the market, up nicely, but if you look a little bit farther back, were actually right where we ended up in may. We went nowhere in june. What would move the market up or down Going Forward . Yeah, thats right. The market had a great week. The s p 500 finished up 4 . Only up 2 from a month ago, its gone nowhere. Theres been this push and pull between good news, we had a lot this week, both the payrolls numbers close to 5 million new jobs added, better manufacturing surveys, and that caused investors to overlook a lot of the bad coronavirus news. But thats just making back what we...

FBC Barrons Roundtable July 12, 2024 - Vimarsana News

FBC Barrons Roundtable July 12, 2024

Sweet week for the market, up nicely, but if you look a little bit farther back, were actually right where we ended up in may. We went nowhere in june. What would move the market up or down Going Forward . Yeah, thats right. The market had a great week. The s p 500 finished up 4 . Only up 2 from a month ago, its gone nowhere. Theres been this push and pull between good news, we had a lot this week, both the payrolls numbers close to 5 million new jobs added, better manufacturing surveys, and that caused investors to overlook a lot of the bad coronavirus news. But thats just making back what we...

FBC Barrons Roundtable July 12, 2024 - Vimarsana News

FBC Barrons Roundtable July 12, 2024

Colleagues. It was a mostly ugly week for the market, and it ended really strongly. Its kind of schizophrenic. Whats going on . Well, the market was due for a fall after having the kind of rally it did, and it finally got an excuse this week when covid hospitalizations started rising. Its not in places like new york that have been hot spots before, but in places where it really hadnt been like texas and arizona. And that kind of freaked the market out because if there has to be shutdowns around the country at different places, it means that the economy cant come back as quickly as people thoug...