Rebound after steep early losses
The S&P 500 (SPX) finished up 0.08% after starting the day with deep losses. Sector performance was mixed and led by consumer staples and materials. Energy and financials had…
Read MoreThe S&P 500 (SPX) finished up 0.08% after starting the day with deep losses. Sector performance was mixed and led by consumer staples and materials. Energy and financials had…
Read MoreNot surprisingly, newsletter writers were less bullish in the latest poll.
Read MoreWhat had looked like an up open earlier this morning will likely be a gap lower on the open.
Read MoreThe S&P 500 gave us the oversold bounce we anticipated for today, snapping a six-day losing streak in the process. That streak ultimately ended with the largest one-day drop…
Read MoreChina brought a whole new level of angst in the trade war by devaluing its currency following President Donald Trump’s announcement of increased tariffs last week.
Read MoreNot much to smile about today for equity investors.
Read MoreFollowing a rate cut last week which acted as an insurance for a potential further decline in economic activity as well as an effort to bring inflation up to…
Read MoreI am in Boston visiting clients to talk about where we are in the correction process and our thesis of a generational change in how the Fed views inflation. …
Read MoreA generational change in the way Fed views inflation suggests a more aggressive Fed. For the better part of the last 40 years, the Fed has been worried about…
Read MoreS&P 500 futures are falling over 1% this morning after the Chinese government let their currency weaken to the lowest level vs. the U.S. Dollar in over ten years.…
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