4.7 • 5.8K Ratings
🗓️ 27 March 2021
⏱️ 57 minutes
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0:00.0 | I like to thank Bambi for supporting my podcast. |
0:12.0 | You know, HR manager salaries average $70,000 a year, but only Bambi gives you a dedicated |
0:18.4 | HR manager for just $99 bucks a month. |
0:21.5 | To get your free compliance audit at bambi.com slash gold spelled bambi b-a-m-b-e-e.com slash |
0:31.2 | gold. |
0:32.2 | Well stocks finished a generally positive week with a strong rally into the close. |
0:38.6 | You know, the Dow ended up better than 450 points on the day to close the week above 33,000. |
0:47.9 | You know, both the Dow and the S&P managed to gain, I think it was about a one and a half |
0:52.3 | percent on the week. |
0:55.0 | Nasdaq composite actually finished down about a half a percent though it was up on Friday, |
1:00.7 | but the big mover was in the Russell 2000. |
1:04.1 | It finished the week down about 3%. |
1:06.2 | So the rotation continues really out of the growth oriented momentum stocks into the value |
1:13.0 | oriented dividend paying stocks. |
1:15.3 | In particular, I think now the multinationals as people are looking to invest in companies |
1:21.1 | that have more exposure to earnings outside the United States, rather than to those that |
1:26.0 | are focused more on the domestic economy. |
1:29.3 | Helping the markets a bit this week was a drop in long term interest rates yields on the |
1:35.1 | 10 year US treasury did slip a bit. |
1:37.8 | We closed the week at 1.66 and on the 30 year we're at 2.367. |
1:44.2 | So a little bit lower than the previous week taking some of the pressure off the stock |
1:49.6 | market, oil managed to rise about $2 on the day. |
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