Weekly Market Commentary

EQM Indexes Market Commentary — November 22, 2021

The NASDAQ hit a record high last week, while other benchmarks ended mixed. Growth stocks outpaced value names, which is one of the factors lifting the tech-heavy NASDAQ into record territory. Strong economic data and corporate earnings were offset by inflation fears, ongoing supply chain constraints, and a return of COVID in Austria and Germany.

By |November 22nd, 2021|Market Commentary|

EQM Indexes Market Commentary — November 15, 2021

Stocks sold off from record highs last week, as investors digested inflation data recording the highest inflation levels in nearly thirty years. The Consumer Price Index (CPI) climbed 0.9% in October, much higher than consensus estimates for 0.6%. The increase brought the YOY % level to 6.2%, the highest inflation since December of 1990 during the Gulf War. This led the S&P 500 to end its longest winning streak since 2017.

By |November 15th, 2021|Market Commentary|
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