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Monthly Archives: February 2023

Stocks tumble on hawkish Fed minutes, inflation data

Should you find yourself in a chronically leaking boat, energy devoted to changing vessels is likely to be more productive than energy devoted to patching leaks. – Warren Buffett A hotter than expected inflation report and rising bond yields took their toll on the stock market last week as the Dow Jones Industrial Average fell […]

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Hawkish Fed comments, lackluster earnings send stocks lower

 Price is a creature of the market’s mood. In booms, it is set by the greediest buyer; in busts by the most fearful seller. – Benjamin Graham After a strong start to the year for the major stock averages, investors took some profits last week after Federal Reserve Chairman Jerome Powell gave some hawkish remarks […]

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Nasdaq surges after dovish remarks by Fed Chair Powell, S&P 500 up 1.6%

It’s not always easy to do what’s not popular, but that’s where you make your money. Buy stocks that look bad to less careful investors and hang on until their real value is recognized. – John Neff Dovish remarks by Federal Reserve Chairman Jerome Powell last week and a strong earnings report from Meta Platforms […]

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