Wall Street slips on Middle East tensions, weak manufacturing data
Wall Street fell from a record high on Friday after a U.S. air strike in Iraq ratcheted up tensions in the Middle East, while a bigger-than-expected contraction in the U.S. […]
Dazzling Decade
Given the abbreviated trading week and the fact that it is year-end, look for volume to be light. International Trade in Goods data for November is released this morning. Econoday […]
Love Infrastructure, Heavy Construction for 2020: Kenny’s Commentary on Bloomberg (Radio)
December 20, 2019 — Peter Kenny, Founder of Strategic Board Solutions, making the calls on markets and tailwinds. Hosted by Lisa Abramowicz and Paul Sweeney. Running time 07:29 Play Video
Tailwinds
US equity markets posted another solid weekly performance as economic data and indications of a US/China trade deal took shape. Interestingly, as confirmation of a stage one trade deal took […]
Don’t blink now, potentially wild week ahead
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 […]
Alfred E. Smith IV – Requiescat In Pace
Though an abbreviated week, last week’s economic calendar and equity market trading both provided a constructive framework for a continued trade higher in US equities into year-end. We began the […]
No to negative rates. Markets in a confirmed uptrend. Gobble, Gobble…
Last week, US equity markets managed to gracefully give back some recent weekly gains. The modest reset came as a result of several familiar variables, including a lack of visibility […]
“The Bull Market is Alive and Well” – Marc Sutin
Honoring all who Served on Veterans Day. US equity markets rallied to record highs last week. This, fueled by optimism over US/China trade, better-than-expected Q3 earnings, and a lack of […]
“The Powell Put is in Place”
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 […]
US equities close in on record territory, again
Large-cap sponsorship, in the form of 3M, CAT, and Intel, helped to deliver positive traction for US equity markets last week. Large-cap tech sponsorship in the form of Tesla, AMD, […]