LEIBOVIT VR NEWSLETTERS – THURSDAY – DECEMBER 5, 2024
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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
Following the lackluster performance seen in the previous session, stocks moved mostly higher over the course of the trading day on Wednesday. The major averages all climbed to new record closing highs after ending mixed for two straight days.
The tech-heavy Nasdaq led the way higher, jumping by 254.21 points or 1.3 percent to 19,735.16. The Dow also advanced 308.51 points or 0.7 percent to 45,014.04, while the S&P 500 climbed 36.61 points or 0.6 percent to 6,086.49.
The rebound by the Dow came amid a sharp increase by shares of Salesforce (CRM), with the enterprise software company surging by 11.0 percent after reporting […]
LEIBOVIT VR NEWSLETTERS – WEDNESDAY, DECEMBER 4, 2024 – EARLY CAUTION FLAGS ARE NOW APPEARING!
https://tinyurl.com/hvtfhpaf
NEXT PODCAST THURSDAY EVENING
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
Following the mixed performance seen during Monday’s session, stocks showed a lack of direction over the course of the trading day on Tuesday. Despite the
choppy trading, the Nasdaq and the S&P 500 once again reached new record closing highs.
The major averages eventually ended the day mixed. While the Dow dipped 76.47 points or 0.2 percent to 44,705.53, the Nasdaq rose 76.96 points or 0.4
percent to 19,480.91 and the S&P 500 crept up 2.73 points or 0.1 percent to 6,049.88.
A relatively light day on the U.S. economic front may have kept traders on the sidelines, although the Labor Department released a report showing job
openings increased by more than expected […]
