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 [...]

Things you need to know: The push to test lower continues Buffet holds his annual meeting via ZOOM and says “Don’t bet against America” after he sold all of his airline holdings. (but to be fair – the investment thesis changed for him) Oil under pressure as supply glut concerns rise Mohammed El Erian suggests [...]

Things you need to know: It’s May Day – Many market centers closed Stocks fall yesterday and fall further this morning as reality hits home Economic & Market Divergence is all about the FED Try the Risotto Mazzo Reality Check – Aisle 5! Stocks under pressure! Stocks sank on Thursday as the run up that [...]