Meteorological & Political Hurricane Season
The release of last week’s economic data did little to upset the established trends equity market investors have been the beneficiary’s of for nearly two years. The PPI-FD, released on […]
Sweden’s national elections held, the EU rattled as nationalists gain ground
August’s Employment Report, released Friday, provided additional data-centric support for the long running narrative that speaks to sustainable economic expansion and the likelihood of higher equity prices in coming months. […]
US equity prices grind higher while Chinese equity markets languish in bear territory
We head into our Labor Day-shortened trading week with constructive economic tailwinds at our backs and a busy Washington D.C.-centric political calendar ahead of us. Among the economic data releases […]
Jackson Hole 2018
As I wrote in mid-July, I expected the 2,800 level on the S&P 500 to act as support for the market, and it has despite being tested on several occasions […]
Trade, Tariffs and Retail
This week’s economic calendar does not gather much in the way of momentum until Wednesday, with the possible exception of Tuesday’s release of Import and Export Prices. Import and Export […]
Indices poised to punch through resistance during summer doldrums
Last week, equity investors were provided encouragement as well as a welcome degree of price stability due in large part to the Q2 earnings results and guidance. Caterpillar, Inc.’s (CAT) […]
Facebook, Twitter and Intel Falter, S&P500 holds 2800
Last week was a potentially significant turning point for investors for several reasons, not the least of which was the historic collapse of Facebook followed in short order by an […]
US equity prices move higher despite trade headwinds
As I discussed on Yahoo Finance Market Movers last week, investors have once again shifted their collective attention away from relentless and schizophrenic geopolitical headlines. It even appears as though the […]
How to invest for the next recession
By Rick Newman-Yahoo Finance Senior Columnist The last nine years have been great for stock investors, with the S&P 500 up 300% since early 2009. Expect the next nine years […]
Investors focus on economic data and look past trade tariffs – for the time being
Friday’s constructive equity market performance was triggered primarily by a significantly stronger-than-expected June Employment Report. Non-farm payrolls came in at +213K versus Econoday consensus that was calling for +190K. May’s […]