Thursday started as a good day. After a slow start to the day, the stock market was staging a nice rally as investors figured one rate cut was better than no rate cuts. Both Treasury bonds and high yield bonds were sharply higher (which isn’t usually the case,
Stocks are attempting to stabilize after President Trump threw everyone for a loop by Tweeting his intention to hike tariffs on $200 Billion of Chinese goods ahead of what was expected to be the week that ended the 17 month trade war. Rather than going into the whys, hows, whats,
At the end of April the S&P 500 (barely) reached a new all-time high. The next day, Federal Reserve Chairman Jerome Powell mentioned the slowdown in the economy is likely “transitory”, which is Fed-speak for temporary. This seemed to remove the prospects from traders’ minds about a rate
It seems the only thing the market focused on in June was the impact the heated trade talks was having on the economy. Each day seemed to have a fresh warning about the damage the Trump Administration’s trade policies would do to our economy. While it will take
Tariffs and Trade Wars are dominating the headlines. Stock market participants are worried and the market indices have been falling every time one of the sides announces a new tariff or other restrictions on trade. Whenever markets start falling emotions begin to take over. The logic is “stocks dropped
