Authored by Joe Gentile and John Pellegrino Companies in all industries spend considerable amounts of money annually to train their managers and employees on how to deal fairly and honestly with their customers and suppliers. To a great degree, the majority of these firms achieve most of their goals. Nevertheless, human nature being what it is, the [...]
POLITICS | Tue Sep 27, 2016 | 11:46am EDT PETER KENNY, SENIOR MARKET STRATEGIST, GLOBAL MARKETS ADVISORY GROUP, NEW YORK: "Both futures and the Mexican peso are accurate indicators of how markets interpreted the debates. Both moved only modestly but both moved in tandem - higher. I believe that investors pricing in the odds of [...]
US equity investors received a shot of monetary accommodative confidence from the FOMC yesterday and in the process rallied sharply. The S&P 500 (+1.09%), Dow Industrials (+0.90%) and Nasdaq (+1.03%) moved higher to regain some recently lost ground. Volume also picked up on both the Nasdaq (+18.06%) and NYSE (+18.59%). The trade higher yesterday left [...]
LET FREEDOM RING!! The picture above was taken on the New York Stock Exchange floor on September 17, 2001. I had the week of the 11th off and had just celebrated my oldest son's first birthday on the 6th. On the morning of the 11th, I started the day with my normal ritual of grabbing a [...]
Global Markets Advisory Group, GMAG, is literally about two years old but it has been more than 30 years in the making. Formed by friends and former colleagues, the group has a combined experience over 200 years across the various disciplines in the security markets industry. The group combines the unique talents of people who [...]
NEVER FORGET: New Jersey native and Global Markets Senior Advisor Robert Zito was an executive at the NYSE on 9/11.
As quoted in NJ magazine:: Robert Zito is the founder of Zito Partners in Warren. On 9/11, he was the executive vice president of the New York Stock Exchange and a member of its management committee, responsible for developing and building the NYSE brand globally. I had 9/11 penciled in on my 2001 calendar for [...]
U.S. equity markets closed out the month of August with little to show for themselves. In fact as a result of yesterday's anemic performance the S&P 500 closed out the month in negative territory. All three major US equity indices lost ground on accelerating volume yesterday. The Dow Industrials led the way lower shedding 0.30%. [...]