Stock Markets
U.S. stocks were in decline last week as U.S. politics
dominated the news cycle around the globe. In a preemptive move, the House
Democrats announced they would initiate inquiry in their attempt to launch
impeachment efforts against President Trump. An impeachment requires a
supermajority vote by the Republican controlled Senate and the...
Stock Markets
After three straight weeks of gains, stocks ended lower
overall last week. Several events engaged investors including a spike in oil
prices and the Federal Reserve's second rate cut this year. An unprovoked
attack on key Saudi oil placements set off the worst oil supply disruption on
record. Estimates suggest 6% of...
Stock Markets
Stocks advanced to near record highs this week thanks to
improving economic data, supportive global central-bank policies, and new
optimism around the trade issue that has been plaguing the markets. In a
positive move, China announced that it would exclude certain U.S. products from
tariffs. The U.S. immediately provided a “good dog”...
Stock Markets
Despite the turmoil and a shortened week, U.S. stocks
finished higher for a second week in row. To follow suit the S&P 500 entered
a range that appears to be about to reach a record high. The rally was driven
again by positive news around the U.S. and China trade talk...
Stock Markets
U.S. stocks managed to eek out another gain, ending the week in and the month of August on positive note. The rally was fueled by optimism about the possible reduction of trade clashes between the U.S. and China based on conciliatory talk emerging from both countries. The...
Stock Markets
It appeared that stocks would finish the week higher Friday until
China unveiled a new round of retaliatory tariffs. That was met with a swift
reply by President Trump vowing to respond, which sent things reeling. As trade
tensions escalated, China announced that it will impose tariffs ranging from 5%
to 10%...
Stock Markets
This is the third straight week that stocks declined,
pressured by ongoing signs of a global economic slowdown and concerns about the
yield-curve. The White House helped trigger a short-term rally when it
announced that some tariffs scheduled to take place in September would be
delayed possibly until December instead. The rally...
Stock Markets
Escalating trade tensions between the U.S. and China helped
stocks to finish the week modestly lower. Bond yields fell to their lowest
point in three years on volatility. An unexpected drop in China’s currency had
global markets reacting widely. The drop in value was seen as a response to the
recently announced...
Stock Markets
It was the worst week of the year so far for stocks. Worries
about escalating trade tensions continue to be a factor in slowing global
economic growth driven by President Trump’s announced 10% tariff on $300
billion worth of Chinese goods that will start this September. Oil stocks took
a hit too...
Stock Markets
U.S. stocks reached new record highs, spurred by increased
corporate earnings results and strong second-quarter GDP numbers. It appears
U.S. economic growth slowed in the second quarter thanks to trade and business
investment pressures, but consumer spending which has the greatest influence,
beat estimates once again, coming in at 4.3%. The solid...
