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Markets Have Second Consecutive Week of Losses; Investing Lessons from The Yom Kippur War

Key Takeaways

- S&P 500 closed at 4,432.99 down from 4,458.58 last week. The VIX again spiked just above 11% to settle under $21, just like last Frida

- There was a spike in bearish sentiment in the AAII survey and a lot of analysts have been turning negative on equities.

- Oil continued to show strength and settled well above $70 on Friday

- The data picture continued to be muddled on inflation. Consumer inflation expectations rose to a post-crisis record while the Consumer Price Index showed a...

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