Markets are recovering today Following one of the worst trading days in recent history, markets are recovering today with all three major U.S. indices on track to close with slight gains. Underwhelming economic reports and political unease have...
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Markets trade lower after manufacturing activity slipped for the fifth straight month Markets are trading lower today behind alarming economic reports and continued impeachment concerns. Yesterday’s factory index release showed manufacturing...
Read MoreISM at lowest reading since June of 2009 This morning’s ISM report came in at 47.8, well below expectations and the third consecutive month of reading below 50, indicating a contraction in economic activity. This is also the lowest reading...
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Impeachment and global trade concerns currently dictating markets On the last trading day of the third quarter, markets moved higher with all three major indices on track to close in the green. Impeachment and global trade concerns are the main...
Read MoreVolatility is back Market volatility is starting to tick back up as macro headlines ranging from inverted yield curve to drones striking Saudi oil complexes to impeachment to failed IPOs have ratcheted up uncertainty and nervousness. And now we are...
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First day of testimonies begins in D.C. today Markets are trading lower as impeachment concerns continue to weigh on U.S. stocks with the first day of testimonies beginning in D.C. today. On the global trade front, President Trump’s latest...
Read MoreDespite a constant barrage of headline risks, the S&P 500 Index is just 2% from its all-time high. But, that also means it’s essentially where it was 18 months ago. Granted, it has made three marginal new highs during that period, but each...
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