LEIBOVIT VR NEWSLETTERS – WEDNESDAY – NOVEMBER 27, 2024 – HAPPY THANKSGIVING. HAPPY TURKEY SHOOT. SEE YOU NEXT WEEK AFTER THE HOLIDAY. THURSDAY PODCAST HOWEVER WILL STILL BE POSTED
https://www.howestreet.com/2024/11/trump-victory-powering-optimism-in-most-sectors-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
After turning in a mixed performance early in the session, the major U.S. stock indexes all moved to the upside over the course of the trading day on
Tuesday. The Dow recovered from early weakness to end the day at another new record closing high.
The Dow fell by as much as 0.7 percent in early trading but ended the day up 123.74 points or 0.3 percent at 44,860.31. The S&P 500 also climbed 34.26
points or 0.6 percent to a record closing high of 6,021.63, while the Nasdaq rose 119.46 points or 0.6 percent to 19,174.30.
The higher close by the major averages came as traders shrugged off President-elect Donald Trump’s latest threats to impose increased tariffs on […]
