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Weekly Market Commentary

EQM Indexes Market Commentary — September 6, 2021

Markets rallied to new highs this week heading into the Labor Day weekend. On Friday, the August jobs report showed a slowdown in employment gains, as nonfarm payrolls grew by 235k versus expectations for 750k. July's gains were revised higher however and the unemployment rate fell to a pandemic low of 5.2%. A jump in hourly earnings also reignited inflation fears.

By |September 6th, 2021|Market Commentary|

EQM Indexes Market Commentary — August 23, 2021

Stocks pulled back for the week, but not before the S&P 500 reached a new record high of 4480 on Monday. Small caps and energy shares were losers for the week. There are plenty of negatives weighing on market sentiment including evidence of a slowdown in China, weaker than expected retail sales, and mixed housing data. Adding to concerns are the delta variant and the rise of the Taliban in Afghanistan after a hasty U.S. withdrawal.

By |August 23rd, 2021|Market Commentary|
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