MARKETS RETREAT AS CHINA DOMINATES THE NEWS All the major U.S. equity markets retreated this week, as trade tensions between the U.S. and China ratcheted up dramatically The small cap Russell 2000 lost the most, giving back 2.4%, while NASDAQ retreated 1.3%, the S&P 500 lost 0.8% and the DJIA dropped 0.7% The benchmarks started […]
MAJOR MARKETS MIXED AS THE FED STANDS STILL AND THE JOBS REPORT COMES IN BETTER THAN EXPECTED The major U.S. equity markets were mixed this week, as a strong jobs report, the Fed’s decision to leave rates unchanged and a very busy corporate earnings report all contributed to the equity markets struggling to find directional […]
S&P 500 and NASDAQ REACH RECORD HIGHS AMIDST POSITIVE EARNINGS AND SOLID MACRO DATAPOINTS The two broad U.S. markets posted healthy gains this week and set new closing highs when the final bell rang as the S&P 500 moved up 1.2% and NASDAQ climbed 1.9% Much of the week’s gains can be attributed to very […]
MARKETS MOSTLY FLAT AS HEALTH CARE STOCKS GET HAMMERED The markets saw muted activity this week, likely due to the holidays, and the week’s stock market performances ended mixed, with not a whole lot of movement in either direction The smaller–cap benchmarks lagged the large–cap indexes and the technology–heavy NASDAQ as the number of shares […]
STOCKS FLAT AS TRADING ACTIVITY SLOWS WAY DOWN AHEAD OF THE START OF EARNINGS SEASON The U.S. stock markets ended the week mostly where they started, as trading volumes were remarkably low throughout the week as daily volumes recorded new year–to–date lows on Monday, Wednesday and Thursday The low trading volumes seemed to be due […]
S&P 500 HITS 2019 HIGH AS MARKETS HAVE A LOT TO BE THANKFUL FOR Stocks were up around the globe, with the S&P 500 garnering all the attention as it rose for seven straight sessions and finished the week on a yearly high The S&P 500 leapt 2.1%, the DJIA gained 1.9%, NASDAQ jumped 2.7%, […]
STOCKS END THE WEEK AND FIRST QUARTER WITH A BANG Ride–sharing firm Lyft went public on Friday, valuing the company at close to $30 billion as it rose over 20% in its first day of trading before settling in with a gain of 8.7% Lyft’s IPO also marks the largest initial public offering for the […]
Historically an inverted yield curve, three months to 10 years, has been a reliable predictor of recession. Since 1969, an inverted yield curve has predicted seven out of seven recessions. The lead time is generally about four quarters. Its effectiveness begs the question: Why has this yield curve inversion been such a reliable predictor of […]
THE FEDERAL RESERVE TAKES CENTER STAGE AS MARKETS RETREAT AMIDST SECTOR VOLATILITY The U.S. equity markets retreated this week after watching the S&P 500 hit a 2019 high in the middle of the week The DJIA lost 1.3%, the S&P 500 declined 0.8%, NASDAQ gave back 0.6% and the smaller-cap Russell 2000 got walloped with […]
The near-record length of the economic recovery that began in June 2009 is increasing concern among anxious investors that a recession is imminent. Recoveries and recessions, however, do not follow a predetermined timeline. As Ben Bernanke joked in January, “expansions don’t just die of old age…they get murdered.’’ Often, they are ‘murdered’ by an aggressive […]
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