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 […]
Author: Peter Kenny
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, […]
Bottom Falling Out?
What a week! Fear, driven by multiple themes, once again drove US equity markets sharply lower across the board and the volatility index higher – though an attempt at a […]
Quarter end, manufacturing and the Fed dominate this week’s trading
This week’s economic calendar will be dominated by the FOMC meeting announcement, forecasts, and press conference on Wednesday. Nearly unanimously, strategists are expecting the FOMC to raise rates by .25 […]
Meteorological & Political Hurricane Season
The release of last week’s economic data did little to upset the established trends equity market investors have been the beneficiary’s of for nearly two years. The PPI-FD, released on […]
Sweden’s national elections held, the EU rattled as nationalists gain ground
August’s Employment Report, released Friday, provided additional data-centric support for the long running narrative that speaks to sustainable economic expansion and the likelihood of higher equity prices in coming months. […]
US equity prices grind higher while Chinese equity markets languish in bear territory
We head into our Labor Day-shortened trading week with constructive economic tailwinds at our backs and a busy Washington D.C.-centric political calendar ahead of us. Among the economic data releases […]
Jackson Hole 2018
As I wrote in mid-July, I expected the 2,800 level on the S&P 500 to act as support for the market, and it has despite being tested on several occasions […]
Trade, Tariffs and Retail
This week’s economic calendar does not gather much in the way of momentum until Wednesday, with the possible exception of Tuesday’s release of Import and Export Prices. Import and Export […]