Last week’s equity market meltdown caught investors off guard; it was painful, swift, and reminiscent of corrections past, though unique in some respects. With that carnage as a backdrop, and […]
On Tuesday and Wednesday of this week, Fed Chair Powell will be giving two scheduled speeches. On Tuesday, he will be addressing the House Financial Services Committee. Though neither was […]
Market losses and distribution days are beginning to add up. The spread of the deadly coronavirus continued to fuel a meaningful trade lower last week – particularly on Friday. The […]
Last week saw U.S. equity markets trade higher, with all three major indices gaining ground. Leadership was once again provided by Apple, which gained 2.7%. Google also rose 3.5% last […]
Without question the headline economic news of this week and last week, and the news that will continue to resonate into year-end for investors, was the November Employment Report. It […]
Last week’s .25 bps Fed rate cut, stronger than expected Q3 GDP(a) reading, better than expected October Employment Report, and revisions to August and September’s Employment Reports propelled US equity […]
Last year, at this time, markets were on the precipice of a meltdown that lasted into year-end, 2018. December 24, to be exact. Fueling the dramatic shift to risk aversion […]
Last week’s equity market trading was dominated by trade/tariffs, economic data, and the Fed. The trade/tariffs narrative was arguably the most significant of the three in that it bled so […]
Last week’s continuation of the US equity market reversal that has defined our post-Christmas rally has been most recently fueled by the shift in monetary policy outlook and guidance by […]
US equity futures trade higher in the overnight. Last Friday was a significant day for markets for obvious reasons (a monthly gain of +312K in the employment report), but also […]