Economic: Record drop in Philly Fed Index
It comes as no surprise, the manufacturing data out of the Pennsylvania region reported this morning took a big hit along with the data from New York out earlier this…
Read MoreIt comes as no surprise, the manufacturing data out of the Pennsylvania region reported this morning took a big hit along with the data from New York out earlier this…
Read MoreGood morning, and I hope you are all staying healthy. There are so many monetary and fiscal policies being initiated to battle the financial market and economic impact of…
Read MoreEquity futures were down limit in the early hours of Wednesday morning and ETF trading pre-market made it look as if equities might hit a trading halt shortly after the…
Read MoreToday we posted about how the 2yr/10-yr U.S. Treasury Curve is suggesting an imminent recession. While that sounds fairly negative (and this environment is), in our opinion the market has…
Read MoreThe steepening of the yield curve is signaling imminent recession. In just the past month, the US economy has gone from reaccelerating to a near shutdown that should kickstart a…
Read MoreBearish sentiment saw a large increase but still remained below bullish sentiment in the latest poll.
Read MoreAnother morning we wake up and see S&P 500 (SPX) indicated limit down 5%. The fear of the virus has overwhelmed any monetary and fiscal policy put forth at this…
Read MoreAs our closing comment highlighted last night, this unprecedented drop in the equity market has yet to stop despite all the actions by the Federal Reserve to date. The reason…
Read MoreEven with the historic measures taken by the Federal Reserve on Sunday evening, markets still suffered one of the worst losses on record.
Read More