Things you need to know: Markets bucked the trend lower to turn positive on a technical rebound yesterday It’s Friday – loads of US economic data today – is sending futures lower Germany enters recession and France wants equal access Try the Roasted Chicken parts with Cherry Tomatoes, Capers and Kalamata Olives It was a [...]

Things you need to know: ‘Legendary Investors’ Druckenmiller/Tepper go bearish – talking their books Powell adds insight but not new information – everything he said was known The algo’s rip it up – sending stocks lower ‘Legendary Investor’ Bill Miller remains bullish – talking his book And Goldman can’t help themselves – raising their outlook [...]

Things you need to know: Dr. Fauci throws cold water on the market Fed speak is caught between zero and negative rates as they launch their first ETF buy program. Slow down – it’s a bond ETF, but… Algos chose to focus on the negatives yesterday as traders take money off the table European markets [...]

Things you need to know: Market remains in a holding pattern – up or down very slightly as we wait It feels like a dance – not the waltz or the tango – but rather a ‘break dance’ Investors continue to flock to anything “tech” The FED goes all in and buys an ETF – [...]

Things you need to know: Markets begin the week cautiously – Disney reopens Shanghai park Countries beginning to awaken – restrictions are eased Other ailments being blamed on corona – but is that a stretch? Oil kisses resistance and backs off – as it readies to surge again Try the Pasta Leo Stocks ended the [...]

March 12, 2020  Dear Clients and Friends,  At SlateStone Wealth, the health and safety of our clients, employees, and business partners is a top priority as is providing a high-level continuation of our services in times of uncertainty.  Amid the growing concerns over the spread of the novel coronavirus (COVID-19), we are taking additional steps [...]

Things you need to know: The macro news gets worse – yet the Nasdaq goes positive on the year US/China confirm Phase 1 of the trade deal Nieman Marcus files for bankruptcy 85 companies and counting cut or suspend their dividends Try the Cavatappi w/Arugula and Cannelloni Beans 33 million Americans have filed for unemployment [...]

Things you need to know: Bank Of England holds rates steady Eurozone finance minister warns of a “recession of historic proportions” ADP reports 20,500,000 job losses over the month – Will NFP support that claim? Oil surges 10% as China reveals increases in imports Try the Veal It’s a tug of war – one day [...]

Things you need to know: Stocks continue to advance as the country begins to wake up Trump begins to wind down his virus task force – while admitting that we risk additional deaths to get the country going. Eurozone macro data suggests a widening divide between North & South Oil – surges by 20% and [...]

Things you need to know: Investors discount the Buffet news and focus on the “re-birth” Oil rallies for the 6th straight day as expectations for demand increase Eco data expects 20 million job decreases and another 3 million new claims. Try the Mahogany Roasted Chicken. Stocks did an about face yesterday as investors suddenly had [...]