Jerome Powell, FOMC Minutes and CPI
It has become abundantly clear that we have entered an era of ultra-low interest rates in much of the industrialized world. From Japan to Germany and much of Europe, negative […]
FOMC
Political Headwinds Meet Technical Tailwinds – Marc Sutin
The US equity market outlook reverted back to “Uptrend Under Pressure“ last week as markets once again fell prey to themes that were decidedly not tied to our most US […]
US equity markets remain in a confirmed uptrend, but for how long?
US equity markets took the Fed’s 25 basis point rate cut and Chair Powell’s press conference in stride last week. However, the specter of risk associated with US/China trade talks […]
Oil Prices Jump After Attack in Saudi
Despite Friday’s mixed performances, US equity markets gained ground last week, while the Dow Industrials logged their 8th consecutive daily gain. Financials provided a constructive underpinning to the week as […]
It wasn’t the cut, it was the message
A tepid start to the week led to a washout for US equity markets last week. Price performance across all three major equity market indices was highlighted by the fact […]
Get Ready for the World Economy’s Biggest Week of 2019 – Bloomberg
US equities posted another solid week for investors. On Friday, growth-centric indices Nasdaq Composite and Russell 2000 both gained greater than 1%. The S&P 500 added 0.7% and the Dow […]
Stock Rally From Early June Shows Signs of Fading Momentum – Marc Sutin
We find ourselves in genuinely rarified air as investors. The unemployment rate stands at a multi-decade low, unemployment among minority workers is at historic lows, and equity market indices are […]
US equity markets move smartly higher to close at record highs
The broad-based move higher by US equity markets last week was largely fueled by three factors: the perception of easing trade tensions between the United States and China, indications from […]
“The Bond Market Needs Your Attention” Marc Sutin
The driver for this week’s equity trading narrative will continue to be expectations for the Federal Reserve to accommodate investors with an interest rate cut at the next FOMC meeting. […]
Bad News = Good News?
My calls for caution, as it relates to US equity prices, appeared to have received a degree of confirmation at the conclusion of last week’s trading. All three major equity […]