As expected, the markets came under pressure as the sun rose over the Atlantic

Front page of the WSJ: “Google’s Project Nightingale Gathers Personal Health Data (names, d/o/b, phone numbers, history, claims, treatments) on Millions of Americans.” This is a must read by everyone. They have AMASSED health records from Ascension facilities in 21 states – PATIENTS NOT YET INFORMED. As expected, the markets came under pressure as the [...]

By |2019-11-12T10:09:49-05:00November 12th, 2019|Morning Thoughts by Kenny Polcari|

The broader market once again closed at a record high; bond yields soar

Today is Veteran’s day in America, a time to say thank you to each and every veteran you see. NYC will be celebrating by hosting the Veteran’s Day Parade and I humbly ask that you consider supporting a veteran’s cause. My hope is that you will consider the Headstrong Project (Getheadstrong.org). It is an organization [...]

By |2019-11-11T10:03:11-05:00November 11th, 2019|Morning Thoughts by Kenny Polcari|

Stocks Felt Constipated Yesterday

Stocks felt constipated yesterday, as if in a holding pattern, reacting only to the news that the US/China trade talks are being postponed until mid-December. When that headline came out, the market took a brief hit. At 11:44 am, the S&P, the Dow, and the Nasdaq all took a fairly big, swift kick in the [...]

By |2019-11-07T10:08:49-05:00November 7th, 2019|Morning Thoughts by Kenny Polcari|

NFP reports crushed it.

NFP reports crushed it. We created 128k new jobs vs. the 80k that was expected, confirming the fact that the US economy is still on firm ground. Employers are hiring and the consumer is spending. Unemployment ticked up by 0.1% to 3.6%, still at 50 year lows as more people came out looking for work. [...]

By |2019-11-04T10:14:28-05:00November 4th, 2019|Morning Thoughts by Kenny Polcari|
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