A federal judge in Texas blocked the Biden administration from enforcing its coronavirus vaccine mandate for federal workers on Friday, citing the outcome of last week’s Supreme Court ruling that nullified the administration’s vaccine-or-test requirement for large employers. Why it matters: It’s a blow to President Biden’s efforts to increase the U.S.’ vaccination rates, though much of the federal workforce […]
MARKET INSIGHTS JANUARY 12, 2022 A jump in yields sparked by a more aggressive sounding Federal Reserve sent the market lower to start the new year. The Dow Jones Industrial Average fell 0.29%, while the Standard & Poor’s 500 declined 1.87%. The Nasdaq Composite index was hardest hit, dropping 4.53% for the week. The MSCI […]
By any measure, 2021 was a strong year for investors. But what’s in store for 2022? From my perspective, I expect that many of the same forces that influenced markets last year will play a role again in the year ahead. COVID-19 remains tragic and unpredictable. The pandemic was one of the primary drivers of […]
Stocks closed out the year on a mostly positive note, adding to the year’s gains as concerns about the economic issues of Omicron infections receded. The Dow Jones Industrial Average rose 1.08%, while the Standard & Poor’s 500 picked up 0.85%. The Nasdaq Composite index was flat (-0.05%) for the week. The MSCI EAFE index, […]
Omicron in the United States CDC is working with state and local public health officials to monitor the spread of Omicron. As of December 20, 2021, Omicron has been detected in most states and territories and is rapidly increasing the proportion of COVID-19 cases it is causing. Omicron Data and Potential Spread CDC is expecting […]