Weekly Market Recap

Weekly Market Recap – March 17, 2023

Weekly Market Recap – March 17, 2023 On Tuesday, a Russian fighter jet struck a U.S. surveillance drone over the Black Sea. According to the Pentagon, the impact damaged the drone’s propeller, causing its operators to bring it down in international waters. This event is the first known contact between Russian and American military assets

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Weekly Market Recap – March 10, 2023

Weekly Market Recap – March 10, 2023 On Friday, the F.D.I.C. closed Silicon Valley Bank, seizing nearly $175 billion in deposits. This is the second-largest bank failure in U.S. history. President Biden proposed a budget that includes a plan to extend the solvency of Medicare by increasing taxes on individuals earning over $400,000 per year,

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Weekly Market Recap – March 3, 2023

Weekly Market Recap – March 3, 2023 Mortgage rates in the US rose for the fourth consecutive week as inflation concerns remain. Currently, 6.6% is the average rate for a 30-year fixed mortgage, which had been trending downward after hitting 7.08% in November. Eli Lilly announced it would cap out-of-pocket insulin costs at $35 for

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Weekly Market Recap – February 24, 2023

Weekly Market Recap – February 24, 2023 President Biden made a surprise visit to Kyiv to meet with President Zelensky four days before the one-year anniversary of Russia’s invasion. Vladimir Putin stated he would suspend Russia’s participation in the New START treaty, which limits the U.S. and Russia to 1,550 nuclear warheads each. Blizzard warnings

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Weekly Market Recap – February 17, 2023

Weekly Market Recap – February 17, 2023 The Congressional Budget Office issued its forecast on Wednesday for a $19 trillion debt increase by 2033. The rising costs stem from projected interest payments, veterans’ health care, retiree benefits, and the military. Nikki Haley, former South Carolina governor, and U.N. ambassador announced her candidacy for the Republican

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Weekly Market Recap – February 10, 2023

Weekly Market Recap – February 10, 2023 As the week progressed, news about the 7.8 earthquake that spanned the Turkey-Syria border grew worse daily; the death toll has exceeded 34,000. Another continuing story has been the series of unmanned flying objects shot down by the US military, starting with a Chinese balloon on February 5th.

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Weekly Market Recap – February 3, 2023

Weekly Market Recap – February 3, 2023 Friday’s job data grabbed the headlines with the lowest US unemployment rate since 1969. Major central banks continue their efforts to combat inflation: the Bank of England increased rates half a percentage point to 4%, and the Fed raised its benchmark rate by a quarter point to a

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Weekly Market Recap – January 27, 2023

Weekly Market Recap – January 27, 2023 On Monday, a massive grid failure of Pakistan’s aging power network created a nationwide outage; the entire population of 220 million people was without electricity for 18 hours. The US and Germany each announced Wednesday they would equip Ukraine with tanks, reversing their longstanding position of providing Kyiv

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Weekly Market Recap – January 20, 2023

Weekly Market Recap – January 20, 2023 On Thursday, the US debt ceiling ($31.4 trillion) was hit without being addressed by any relevant actions by the House of Representatives. Treasury Secretary Janet Yellin warned of a global financial calamity if a debt limit agreement is not reached. Microsoft announced it would lay off 10,000 workers,

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Weekly Market Recap – January 13, 2023

Weekly Market Recap – January 13, 2023 Treasury Secretary Janet Yellin warned of a potential default on US debt if lawmakers fail to act on the debt ceiling prior to the January 19 deadline. A massive FAA software glitch grounded thousands of flights across the country, causing a complete shutdown of U.S. airspace. Areas of

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Information collected may be retained for a period of five (5) years or more, depending on whether the information is transactional, marketing related or falls under requirements set forth by regulatory or government bodies including, but not limited to, the NFA, CFTC, or FINRA.



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WCC respects your rights as a data subject.


Transparency, information, and answers to requests: WCC adheres to the principle of transparency in processing.  For any questions regarding this policy, you may contact us at  [email protected] We will respond without undue delay and in any case within one week upon receipt of the request.


Access: You have the right to receive from WCC confirmation on whether your personal data has been processed or whether WCC holds your personal data.  Upon request, WCC will provide you with the personal data that WCC has regarding you.


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Data Portability: If technically feasible, you have the right to receive your personal data in a structured, commonly used and machine-readable fashion as well as the right to request the direct transmission of personal data by WCC to another party.


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Our GDPR Compliance Statement is incorporated into this Privacy Policy.

Besides strengthening and standardizing user data privacy across the EU nations, GDPR imposes new or additional obligations on all organizations that handle EU citizens’ personal data, regardless of where the organizations themselves are located.


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