A Washout Trade and Rising Risks
The breakdown in equity market pricing last week was more follow-through from the previous week’s performance than it was an event in and of itself. As discussed in last week’s note, […]
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. […]
CFRA sets 12-month target, implying a 6.2% appreciation potential from the 6/18/19 close
US equity markets rallied sharply last week—due in large part to President Trump’s signaling that US/China trade talks were still on life support, not dead. His encouraging tweets in reference […]
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 […]
Wall Street Moment “FOMC meets amid Market Fears” on Jin10
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Only Fools
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 […]