Stocks slid on Wednesday – ending a three day ‘winning streak’ – continued testimony by Fed Chair Jay Powell, rising concerns over rising rates of infection and excerpts from the now famous John Bolton book – ‘The Room Where it Happened’ all contributing to the risk-off mood that permeated the markets all day. And while stocks [...]
Things you need to know: Jay Powell educates the Senate – today it’s the House Eco data continues to show improvement – but is the market still ahead of itself? 6 States report upticks – still not sure if it is because of more testing or new spread US futures struggling to stay positive – [...]
Things you need to know: FED to the RESCUE again! Today they begin to buy corporate bonds in the secondary market Jay Powell to appear on Capitol Hill for the next two days to explain monetary policy Central banks around the world remain accommodative Oil rallies – why? A surge in demand! You can’t make [...]
Things you need to know: Volatility continues as new infections appear in Beijing 20 states report a rise in infections as testing increases The US remains on course to re-open Markets under pressure as the chaos continues Try the Linguine and Clam Sauce Stocks bounced and tried to recover from the beating they took on [...]
Things you need to know: The Earth moved and the markets shook Second wave discussions causing so much angst – unnecessarily? Global markets did not follow suit – in fact, Europe is higher US futures now pointing to gains – was the move an overreaction? Try the Watermelon/Tomato Salad “I feel the earth move under [...]
We are all experiencing unprecedented change in the way we live our lives and conduct even the simplest business transactions in this age of pandemic. Daily activities have been curtailed significantly, travel is non-existent, and visiting loved ones is put on hold. Our homes have literally become the true center of our universe where we [...]
Things you need to know: JP tells it like it is and promises unending support – market liked it and now it hates it. Stocks sold off on Wednesday – sending global markets into a tailspin All the negativity re-accelerates the whole virus resurgence story – of course it does Oil and all those highflyers [...]
Things you need to know: It’s FED day –Slow down you crazy child – You’re so ambitious for a juvenile… Global markets on pause as the world awaits OECD makes a bold prediction and it ain’t pretty Oil under a bit of pressure as US inventories build – blah, blah, blah… Try the Roasted Country [...]
Things you need to know: Stocks pause – World Bank sees a 5.2% decline in global economy for 2020 The eco data remains weak yet there is no alternative (TINA) S&P goes positive on the year – but may go negative by end of day today Value or Growth? Or is it just a money [...]
Things you need to know: Asian markets end higher/ European markets trading lower this morning US futures are up – as the excitement continues El-Erian – One of the guys stoking the fears of collapse is now suddenly justifying why the market is up…think FED…blah, blah, blah… Oil pierces $40 as OPEC+ extends production cuts [...]