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So far global has created 678 blog entries.

BANG! POW! BOOM! Markets got crushed!

Who remembers the Batman and Robin fight scenes from the late 60s and early 70s? BANG! POW! BOOM! SMASH! KLONK! KAPOW! KRAACK! OUCH! (click here to see what I’m talking about) That is what it was like yesterday as global markets came to terms with the latest news concerning the coronavirus. Markets got crushed, with [...]

By |2020-02-25T10:08:41-05:00February 25th, 2020|Morning Thoughts by Kenny Polcari|

Friday saw markets remain weak

Friday saw markets remain weak going into the weekend. There were increasing concerns over the spread of COVID19 and concerns about the upcoming Nevada caucuses on the back of a horrendous Democratic debate on Wednesday evening. How would Nevada go? Was Mikey Bloomberg wounded beyond repair? I mean he wasn’t even on the ballot, but [...]

By |2020-02-25T10:08:42-05:00February 24th, 2020|Morning Thoughts by Kenny Polcari|

No surprises here

In yesterday’s Humphrey Hawkins testimony, Fed Chair Jay Powell told the House Financial Services committee that the Fed: “…is closely monitoring the coronavirus situation for a potential hit to China and the global economy.”   Telling those same members of Congress that: “…too early to say how the coronavirus will ultimately impact the US economy.” [...]

By |2020-02-12T10:04:36-05:00February 12th, 2020|Morning Thoughts by Kenny Polcari|

The momentum guys were at it again

The momo guys (momentum) were at it again. While the headlines are still fairly concerning, the momo guys are completely ignoring it, choosing instead to focus on the robust US macro data, which is ok, until it isn’t but we’ll discuss that in a bit… sending both the S&P and Nasdaq to new all-time highs. [...]

By |2020-02-11T10:02:11-05:00February 11th, 2020|Morning Thoughts by Kenny Polcari|
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