clash between globalists and nationalists is set
Previously on Kenny’s Commentary: “Consider that the 10-year yield has dropped from 2.510% to 2.2320% in one month (-11.07%). Incredibly, the FOMC has raised the overnight rate twice since the […]
EU
awash in geopolitical risk – global equity markets continue rotation lower
While US investors try in vain to focus their collective attention on Q1 earnings season and US economic data, headlines from around the globe fuel apprehension and fear. There seems […]
What’ll trigger volatility on Wall Street
The wild card that could trigger volatility is the French election and much more commentary on Europe, Brexit and the EU from the Reuters Studio. Reuters Business with Fred […]
2017 – A Look Ahead
Equities In the case of equities, as you know, I am constructive. I am calling for the Dow Industrials to close out 2017 at 22,900. My 2017 year-end target for […]
High Pressure
Friday’s erratic trading, in many ways, reflects much of what we have come to expect from equities over the past several weeks. Though US equities managed an incrementally positive close […]
EU Wants a Bite of Apple
Apple ordered to pay €13bn after EU rules Ireland broke state aid laws Apple has warned that future investment by multinationals in Europe could be hit after it was ordered […]
Trust is on the Ballot
As expected, despite Monday’s pop in pricing and flurry of excitement, US and global equity markets glided into a rather uneventful pre-referendum close yesterday. The Dow Industrials (-0.28%), S&P 500 […]
Brexit Uncertainty Drives Volatility
Last week’s price action in US equity markets was dominated by a downshift in economic outlook by the FOMC, mixed US economic data, heightened concern over a “Yes” vote in […]
Expect Range Bound Trading
Brexit vs Bremain campaigns continue to dominate headlines as the Sterling slides to two-month low. We closed out last week with a distribution day as all three major equity market indices lost […]
Now that the Air is Out of the Market
May’s Employment Report delivered an unexpected and highly disruptive blow to the economic narrative and interest rate flight path that many analysts, including myself, have been calling for in recent […]