LEIBOVIT VR NEWSLETTERS – MONDAY, DECEMBER 16, 2024



https://www.howestreet.com/2024/12/should-you-be-taking-stock-profits-now-mark-leibovit/

Inflation is not caused by the actions of private citizens, but by the government: by an artificial expansion of the money supply required to support deficit spending. No private embezzlers or bank robbers in history have ever plundered people’s savings on a scale comparable to the plunder perpetrated by the fiscal policies of statist governments.
~ Ayn Rand
US Market Commentary
U.S. Stocks Close Little Changed Following Lackluster Session
After failing to sustain an early move to the upside, stocks showed a lack of direction over the course of the trading session on Friday. The major
averages bounced back and forth across the unchanged line before eventually closing narrowly mixed.
The Dow dipped 86.06 points or 0.2 percent to 43,828.06, closing lower for the seventh consecutive session. The S&P 500 edged down 0.16 points or less
than a tenth of a percent to 6,051.09, while the tech-heavy Nasdaq inched up 23.88 points or 0.1 percent to 19,926.72.
The major averages also turned in a mixed performance for the […]
LEIBOVIT VR NEWSLETTERS – FRIDAY THE 13TH OF DECEMBER, 2024


https://www.howestreet.com/2024/12/should-you-be-taking-stock-profits-now-mark-leibovit/

Inflation is not caused by the actions of private citizens, but by the government: by an artificial expansion of the money supply required to support deficit spending. No private embezzlers or bank robbers in history have ever plundered people’s savings on a scale comparable to the plunder perpetrated by the fiscal policies of statist governments.
~ Ayn Rand
U.S. Stocks Give Back Ground Following Inflation Data
Stocks recovered from an early pullback during trading on Thursday but moved back to the downside over the course of the session. With the downward move, the Dow closed lower for the sixth consecutive session.
The major averages fell to new lows for the session going into the close of trading. The Dow slid 234.44 points or 0.5 percent to 43,914.12, the Nasdaq declined 132.05 points or 0.7 percent to 19,902.84 and the S&P 500 fell 32.94 points or 0.5 percent to 6,051.25.
The weakness on Wall Street came as some traders looked to cash in on the strong performance seen on Wednesday, when the tech-heavy Nasdaq closed above 20,000 for […]







