[Chart courtesy of MarketWatch.com] Escalating tensions in the Middle East have significantly dampened upward momentum, pulling the indexes down from their lofty levels. Wall Street’s “fear gauge,” the volatility index (VIX), spiked sharply, reflecting traders’ concerns. Historically, fears of contagion have a destabilizing effect on the markets. Early in the day, bond yields plummeted, benefiting gold and utilities. As expected, …
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Below you'll find a list of all posts from October, 2024