headline
08/28/2020
It seems like everyone and their brother is chatting about the stock market’s latest all-time highs. But based on what I see… signs are pointing to a correction — a dip of 20% or more. It’s hard to tell if it’s a hiccup or something much larger… which is to […]
08/28/2020
World stock markets are mostly higher this morning following Federal Reserve Chair Jerome Powell’s newest monetary policy remarks. Overnight the S&P 500 ticked 0.2% higher after Powell declared U.S. central banks will continue to keep short-term interest rates low and buy as many bonds as needed to keep the markets […]
08/28/2020
Early this morning when I sat down to write, I was resigned to talk about how the real economy is faring. I had some charts lined up to talk about mobility data, retail sales, imports, transportation, and how back to school plans are likely to fare. Spoiler alert – they’re […]
08/28/2020
U.S. markets closed mostly higher on Friday as better-than-expected economic news and a possible push to pass a stimulus bill kept the bullish sentiment intact. The House is slated to reconvene this weekend to try to craft a stimulus bill with the Senate in the process of assembling a "skinny" $300 billion bill.
08/27/2020
Global stocks are mixed this morning. While the international markets were down, the U.S. stock market rose on Federal Reserve Chair Jerome Powell’s latest monetary policy comments. Usually, these comments move the stock market, and today was no different. Powell announced a new policy that will target average inflation, essentially […]
08/27/2020
U.S. markets closed mostly higher on Friday as better-than-expected economic news and a possible push to pass a stimulus bill kept the bullish sentiment intact. The House is slated to reconvene this weekend to try to craft a stimulus bill with the Senate in the process of assembling a "skinny" $300 billion bill.
08/26/2020
Global shares opened lower this morning as investors and traders direct their attention to U.S. Federal Reserve Chair Jerome Powell’s speech Thursday. Powell will review the next policy steps the Fed intends to take. Economic data is giving traders “a mixed bag” of signals, including positive U.S. home sales alongside […]
08/25/2020
Global stock markets rose this morning as investors continue to hope for a virus vaccine, or effective treatment. However, few details were released following a Tuesday morning phone call between the U.S. and China to discuss trade policy. The call was part of a six-month review of a phase one […]
08/25/2020
U.S. markets closed mostly higher on Friday as better-than-expected economic news and a possible push to pass a stimulus bill kept the bullish sentiment intact. The House is slated to reconvene this weekend to try to craft a stimulus bill with the Senate in the process of assembling a "skinny" $300 billion bill.