Dear friends In early November the Federal Reserve finally decided to slow its money printing by about $15 billion a month while keeping interest rates steady. It sounds like a…
Year: 2021
PentaNews October 2021
Dear friends Major stock indexes recovered early October after the U.S. Senate agreed to extend the debt ceiling by a “meager” $480 billion to prevent the U.S. government from immediately…
PentaNews September 2021
Dear friends After a long period of gains, investors finally got scared, pushing all asset classes down at once: stocks, bonds, gold, and cryptocurrencies all fell in sync between 4-6%.…
PentaNews August 2021
Last month markets as usual juggled with the earnings season, the delta virus variant and central bank policies. Infection rates continued to skyrocket, prompting speculation about the reintroduction of national…
PentaNews July 2021
July brought us the usual ups and downs: at the beginning of the month, equity markets rallied as renewed optimism emerged that the economy was recovering better than expected. But…
PentaNews June 2021
It was another hectic month on Wall Street, marked by Q1 earnings from large-cap tech stocks, Federal Reserve meeting minutes, inflation fears, and another crypto roller coaster ride. Q1 earnings…