Market Weakness on Disappointment over Trade and Rates
Today’s S&P 500 (SPX) drop of 0.95% came from perceived negative news on two fronts.
Read MoreFirst rate cut playbook and Zweig market wisdom
In the early 1990s, I was privileged to work in a department at Prudential-Bache Securities and was partially responsible for marketing one of Marty Zweig’s funds to the retail…
Read MoreConsumer Confidence plays into the Fed
The S&P 500 (SPX) is down 0.45% as the market is reacting to a sharper than anticipated drop in the Conference Board's Consumer Confidence Index. As noted in our…
Read MoreNew home sales declined -7.8% in May
Lower mortgage rates don’t appear to be helping new home sales as the U.S. Census Bureau reported another big decline in sales of new single-family homes.
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