In his head.

June 13, 2019 Right now China must be thinking, what is next? How do you meet a deadline when the only person who knows is Trump? In a somewhat fragile market, optimism is on the wane. 

Summer days.

June 12, 2019 The market is range bound and buyers are becoming scant. For sellers, the game is just as hard because if no one wants to buy, who do you sell to?

Topsy turvy world.

June 11, 2019 For all the reasons that markets have been uneasy, a weight has been lifted. Well, let’s say there is some hope. The good news is that perhaps the U.S. can reach an accord with Mexico.

Mighty words.

June 5, 2019 With a single sentence Powell saved the day. The Fed Chairman said he was open to rate cuts and after being bullied by the bond market rally, the scene was set for a spectacular rally in equities.

It’s confirmed.

June 4, 2019 There is one thing that is dominating markets at present and that’s trade.  Trade friction is dampening growth and ultimately will undermine consumer confidence.

Oh, what a lovely (trade) war.

June 3, 2019 As the rhetoric between China, the U.S. and the major trading partners of the U.S. escalates, markets have woken to concerns about growth and global growth.

The Jitter Bug.

May 31, 2019 Investors are fretting over the inversion in the yield curve, are concerned about oil and the threat of recession. So like a pair, bonds rallied with stocks.

Reality bites.

May 30, 2019 The global economy has a fever and it's all because of the U.S. stance on trade. The global economy is slipping as Trump wages a universal war on trade and equity markets are suffering as well.

Now for a holiday.

May 27, 2019 Monday will see markets in the U.S. closed for Memorial Day and this goes part way to explain Friday’s activities. With a long weekend looming, stock and bond markets were relatively quiet.