Posts by Holten Institute

Wall Street’s busiest week of the summer sent stocks tumbling as a weak July jobs report surfaced concerns over the health of the US economy and Big Tech earnings failed to ease investor fears. For the week, the S&P 500 (^GSPC) fell more than 2.5%, while the Nasdaq Composite (^IXIC) fell over 3.7%. This drawdown…

Wall Street’s busiest week of the summer sent stocks tumbling as a weak July jobs report surfaced concerns over the health of the US economy and Big Tech earnings failed to ease investor fears. For the week, the S&P 500 (^GSPC) fell more than 2.5%, while the Nasdaq Composite (^IXIC) fell over 3.7%. This drawdown…

The US economy grew at a faster than expected pace in the second quarter. The Bureau of Economic Analysis’s advance estimate of second quarter US gross domestic product (GDP) showed the economy grew at an annualized pace of 2.8% during the period, well above the 2% growth expected by economists surveyed by Bloomberg. The reading…

The US economy grew at a faster than expected pace in the second quarter. The Bureau of Economic Analysis’s advance estimate of second quarter US gross domestic product (GDP) showed the economy grew at an annualized pace of 2.8% during the period, well above the 2% growth expected by economists surveyed by Bloomberg. The reading…

The AI juggernaut that has powered the S&P 500’s (^GSPC) rally this year is expected to keep fueling returns over the next six to 12 months, according to BlackRock analysts. “A case can still be made to be risk on,” Wei Li, global chief investment strategist at BlackRock Investment Institute, said during a media roundtable…