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Obsidian Market Update 03/30/2024
Economic Update
How High is The Inflation Rate?
One of the answers we try to avoid when asked a simple question (like “How high is inflation, really?”) is “It depends.”
Unfortunately, the […]
Obsidian Market Update 03/23/2024
Economic Update
It’s Time for a Financial Spring Cleanup!
The vernal equinox, also known as spring, began at 11:06pm (EDT) on March 19 when the sun’s rays shone directly over the equator. From […]
Obsidian Market Update 03/16/24
Economic Update
Charitable Giving and Donor-Advised Funds
In February, the Albert Einstein College of Medicine announced that Ruth Gottesman, a former professor at the College, had donated $1 billion. She instructed that her […]
Obsidian Market Update 03/09/24
Economic Update
Shuffling the DJIA Deck
The Dow Jones Industrial Average (DJIA) has tracked 30 of the largest companies in the U.S. since 1896. Today, not all listed companies are in the industrial […]
Obsidian Market Update 03/02/2024
Economic Update
Emotions and the Market
On February 8, the Dow Jones Industrials rose 0.4%, the S&P 500 rose 0.8% (after briefly topping the 5000 mark), and the Nasdaq rose 1%. On February […]