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 […]
Last week’s trading was interesting for a variety of reasons. Though markets managed to hold onto their “confirmed uptrend” status, they closed out the week on a soft note. Much […]
On Friday of last week, the principal driver of early morning price weakness and volatility was the death of Iranian General Soleimani at the hands of a US military drone […]
Last week, US equity markets finally began to price in several variables that we have touched on in recent notes. The risk-off trade led to the worst one-week performance for […]
Friday’s melt down by US equity markets capped off the worst weekly performance by all three major equity market indices in over a year. On Friday alone the S&P 500 […]
Last week’s economic calendar continued to provide foundational support to the thesis that our economy’s growth is accelerating. Industrial Production for December came in at a stunning 0.9% versus Bloomberg […]
If there is a theme that could bring this equity market rally to a halt, it is not currently evident. As I have pointed out in recent notes, earnings estimates […]
If like many investors you don’t currently have significant single stock exposure to the large cap tech vertical, you have probably been scratching your head in recent weeks. We continue […]
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 […]
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 […]