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One of our favorite analysts Greg Weldon has published a video update covering the US stock market, certain sectors and some economic statistics. Greg takes you through various charts with his commentary.
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On Friday, crude oil gained 2.27% as the U.S. dollar weakened against major currencies after a monthly U.S. employment report came in weaker than expected.
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On the rare occasions when the US stock market crashes, the crash never begins immediately after the price peak.
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The US government usually admits to “price inflation” of about 2%/year. As far as we can tell, the actual rate is probably at least 5%/year, but no more than 7%/year. Let’s say 5%/year for the sake of argument.
