Daily Archives: Jan 21, 2022 at 08:23 pm EST

S&P 500 Risk Profile: 21 January 2022

The US stock market is knee-deep in another one of its periodic bouts of selling. Is this the big one or just another short-term correction? The only honest answer, as always: unclear. But whenever the market dives it’s useful to refresh our perspective on how the slide stacks up vs. history. This is no panacea or crystal ball, but developing context for a real-time event is preferable to allowing extremist narratives du jour dominate your thinking.

Continue reading

Macro Briefing: 21 January 2022

* US and Russia meeting in Geneva amid rising fears of Ukraine invasion
* Fed releases study on possibility of rolling out a digital dollar
* Citi expects genuine supply-chain gains no earlier than late-2022
* Pandemic pessimism rising among Americans, Gallup survey shows
* Antitrust tech-sector bill advances in Senate Judiciary Committee
* Intel will invest $20 billion in new chip-making plant in Ohio
* Netflix stock tumbles on forecast of slower subscriber growth
* Philly Fed Mfg Index reflects stronger business activity in January
* US Existing home sales fell in December amid higer prices and low inventory
* US jobless claims increased to a three-month high last week: