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So far global has created 355 blog entries.

Trump bashes the FED (again)

So, on a day when a lot could have happened, investors and the markets had little to no reaction to Trump’s speech at the Economic Club of NY. In what could have been an opportunity to discuss the ongoing trade war and where the country is in terms of real progress, turned into Trump bashing [...]

By |2019-11-13T10:05:57-05:00November 13th, 2019|Morning Thoughts by Kenny Polcari|

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|

So, What’s the fuss?

So, What’s the fuss? Ok, so Xi Xi says he’s not sure he’s ready to sign a complete trade deal with Donny, because he’s too impulsive, he’s too erratic, blah, blah, blah… The sense is that maybe Xi Xi is willing to wait it out until the US presidential election takes place on Nov. 3, [...]

By |2019-11-01T11:13:41-05:00November 1st, 2019|Morning Thoughts by Kenny Polcari|

Fed cuts rates a quarter point for the third time this year

Fed cuts rates a quarter point for the third time this year. Baseline economic outlook remains favorable and policy will remain appropriate… (Wow! Was that a surprise, I mean who would’ve thought?) Blackrock’s Ricky Reider says that Powell is doing 100% the right thing. And Patti Domm of CNBC says that “Powell Aces Tricky FED [...]

By |2019-10-31T11:12:11-05:00October 31st, 2019|Morning Thoughts by Kenny Polcari|