Market Uncertainty Ushers in 2019
As is often the case with equity markets, (and life in general) when it rains it pours. The uninterrupted stream of negative headlines, both political and economic, that have rained […]
Author: Peter Kenny
US equity markets in a Catch-22
The final FOMC meeting of 2018 takes place this week with investors looking for visibility into what monetary policy will look like in coming quarters. Perversely, equity markets are in […]
The Specter of Knightian Uncertainties
As is the case with nearly all equity market strategists, I usually look at markets through the lens of quantifiable knowledge -corporate earnings, economic data and modeling, and historical trends. […]
GLOBAL MARKETS-Stocks extend sell-off on growth and Brexit worries – Reuters
December 10, 2018 By Chuck Mikolajczak NEW YORK, Dec 10 (Reuters) – A gauge of global equities stumbled on Monday, as losses in Europe and Asia extended to Wall Street […]
US equity markets post largest weekly gain of 2018, poised to move higher
My stubborn insistence, outlined in this note over the past month, that U.S. equity markets would ultimately stabilize and snap back from the most recent downtrend in the near term […]
The Bears have Thanksgiving, while the Bulls have Christmas
Last week’s Thanksgiving Holiday shortened trading week was nothing short of a disaster for bulls across several asset classes including equities, and energy markets. US equity markets have continued to […]
“When our perils are past, shall our gratitude sleep?” Michel de Montaigne
Veteran’s Day: Dad died on November 2, 2000. Requiescat in pace. At the age of 19, he was a member of the 390th Bombardment Group of the 8th Air Force, […]
Variables at Play
This week’s economic calendar is relatively light. The primary focus for investors will be on the FOMC Meeting, which begins on Wednesday and concludes with the FOMC Meeting Announcement on […]
That wasn’t pretty
Last week US equity markets posted their worst weekly performance since President Trump took office nearly two years ago. The follow-through on the broad-based trade lower was fueled by several […]
Fear Gauge Slips
As indicated by the charts below, all three major US equity indices managed to trade higher in the early going last week – following the previous week’s panic-induced sell-off. However, […]