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 [...]
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 [...]
Good morning and Happy New Year! Stocks managed to end the day and the year higher. As the final bell of 2019 rang, the indexes ended the day up, with the Dow adding 76 points, the S&P tacking on 9 points, the Nasdaq up 26 and the Russell up 4 points. And the year? Outstanding, [...]