Global Markets Remain on Edge

And BOOM! It wasn’t even 24 hours into the new year before the Iranians began to cause trouble, by launching an attack on the US embassy in Iraq and then the follow through by the US on Friday. The airstrike targeted Iranian General Soleimani and his sidekick, military commander Abu Mahdi al-Mohandes. Global markets reacted [...]

By |2020-01-06T10:06:51-05:00January 6th, 2020|Morning Thoughts by Kenny Polcari|

And here we go…

And here we go… stocks set NEW highs on the first trading day of the new year and new decade, giving everyone the sense that it was history repeating itself. “the Roaring 20s” It started with good news out of China, better economic data and an injection of “fresh liquidity” into the banking system, sending [...]

By |2020-01-03T10:02:46-05:00January 3rd, 2020|Morning Thoughts by Kenny Polcari|
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