Why did stock markets in the United States finish the week lower?
If this were Jeopardy, acceptable answers to that question might include:
“Investors can’t blame rising prices for Friday’s plunge. Markets were poised to end the week higher, despite a hotter-than-hoped-for inflation reading on Thursday…Escalating geopolitical tension was the first problem Friday. Both the United Kingdom and the U.S. suggested that Russia could soon invade Ukraine and advised their citizens to leave the country… the news injected a rush of uncertainty into the market. And investors really hate uncertainty,” reported Al Root of Barron’s.
The reality is that there often is no single answer to explain why stock markets move up or down. Each of the above may have contributed to last week’s downturn. There is currently tremendous uncertainty about the potential impact of Fed policy changes, war in Europe, and other issues. As a result, it’s possible markets will remain volatile in the weeks ahead.
Data as of 2/11/22
|Standard & Poor's 500 Index||-1.8%||-7.3%||15.8%||17.7%||13.7%||12.6%|
|Dow Jones Global ex-U.S. Index||1.4||-1.9||-2.1||8.2||5.8||3.9|
|10-year Treasury Note (yield only)||2.0||N/A||1.2||2.7||2.4||2.0|
|Gold (per ounce)||1.5||0.6||-0.5||11.9||8.4||0.6|
|Bloomberg Commodity Index||0.3||10.8||31.7||11.3||4.4||-2.8|
S&P 500, Dow Jones Global ex-US, Gold, Bloomberg Commodity Index returns exclude reinvested dividends (gold does not pay a dividend) and the three-, five-, and 10-year returns are annualized; and the 10-year Treasury Note is simply the yield at the close of the day on each of the historical time periods.
Sources: Yahoo! Finance; MarketWatch; djindexes.com; U.S. Treasury; London Bullion Market Association.
Past performance is no guarantee of future results. Indices are unmanaged and cannot be invested into directly. N/A means not applicable.
the nature cure. When you were a kid, your parents probably told you to go outside and play. Your mom and dad may have just wanted to get you out from underfoot but, as it turns out, going outside is good for your mental and physical health.
In 2019, Mathew White of the European Centre for Environment and Human Health and his colleagues published an article in Nature. Their research found that people who spend more than two hours a week in nature “had consistently higher levels of both health and well-being” than those who spent less time in nature. The benefits of nature appear to max out at four hours.
Jason Goldman of Scientific American reported, “The two-hour benchmark applied to men and women, to older and younger folks, to people from different ethnic backgrounds, occupational groups, socioeconomic levels and so on. Even people with long-term illnesses or disabilities benefited from time spent in nature—as long as it was at least 120 minutes per week.”
So now that you’re an adult, your doctor may tell you to go outside and play.
A non-profit organization, called Park Rx America – Nature Prescribed, encourages doctors “to decrease the burden of chronic disease, increase health and happiness, and foster environmental stewardship” by prescribing nature during healthcare exams. The organization helps doctors identify parks in their patients’ neighborhoods and provides educational materials.
Canada is taking things a step further. Physicians can prescribe an “Adult Parks Canada Discovery Pass,” which gives their patients free access to 80 national parks, historic sites, and marine conservation areas, reported Andy Corbley of the Good News Network.
Even if you don’t have a free pass, it’s a good idea to go outside and play!
Weekly Focus – Think About It
“Play is an activity enjoyed for its own sake. It is our brain's favorite way of learning and maneuvering.”
—Diane Ackerman, author and naturalist
https://www.barrons.com/articles/stock-market-dow-nasdaq-sp-500-russia-51644630835?mod=hp_LEAD_1 (or go to https://resources.carsongroup.com/hubfs/WMC-Source/2022/02-14-22_Barrons_The%20Stock%20Market%20Dropped%20Because%20Theres%20Something%20Scarier%20than%20Rate%20Hikes_7.pdf)