Flight Of The Doves.

Central Banks came riding out of the dust and saved stocks from themselves. The story of the day was the equity market. Stocks recovered from steep early losses as bonds rallied from earlier losses in the day. Read More

Signals Awry.

How much worse can things get? That seems to be the question that the stock market asked today. The yield curve continues to draw attention and remains a concern as a signal of recession. Read More

Serve Returned.

It’s now game on. If Trump believed that trade wars were easy to win, he now has a battle royale on his hands. The Chinese have returned served by allowing the yuan to slide to the lowest level in a decade. Read More

Bad Medicine.

It is easy to understand why Trump wanted the Fed to ease by more than 25bp because he knew that he was about to ask the U.S. economy to take some bad medicine. Bad medicine is what the economy got. Read More

The Garden of Good and Bad.

The good news is that the Fed cut rates by 25bp. The bad news is that the Fed cut rates by 25 bp. Stock traders were disappointed with result and sold. Read More

Sign, Sign, Everywhere A Sign.

There are signs everywhere but how we interpret them is another matter. Stocks fell amidst a slew of corporate earnings which were to be fair a little mixed. However, the news of the day was once again Trump. Read More

Waiting For A Sign.

Traders are poised for a sign whether it be from the Fed or from trade negotiations with China as to what is their next move. Investors will be looking to how the Fed discusses perceived downside risks around trade and supply lines. Read More

It’s Good News Week.

It’s Good News Week. Markets always love good news and they got that last Friday. Earnings results are somewhat better than expected. Read More

Looking For?

Stocks and bonds prices fell in unison, not by much but by enough to unsettle their respective markets. Draghi set the markets alight by not changing rates. Read More

High And Higher.

Stocks in general were up on the day and chip shares sent the S&P 500 and the Nasdaq Composite to new highs. Read More