Ronan

 Market Summary: The long and the short of it. US Markets: Equity markets opened up pessimistically in morning trading and dove into the red. Investors regained their courage on the back of the Federal Reserve’s Chairmen Jerome Powell’s testimony to congress. The Chairman said the U.S. Central bank is done cutting interest rates for the

 Market Summary: The long and the short of it. US Markets: Equity markets were again dominated by President Trump’s remarks over the weekend, dashing investor optimism that Washington and Beijing would soon reach a deal to end the paralyzing trade war. Both the S&P 500 and the New York Composite (NYA) dove into the red

 Market Summary: The long & the short of it. The U.S. Markets awoke on Friday to some positive news. Firstly, a stronger than expected reading of the October jobs report enhanced bullish spirits in the markets. Secondly, the Chinese Commerce Ministry said the world’s two largest economies could reach “consensus on principles” during a “serious

Market Summary: The long & the short of it. U.S. stock markets tippy-toed sideways in yesterday’s trading, the S&P 500 apparently taking a breather in order to digest yesterday’s moves to all-time highs. The S&P 500 finished the day at 3036 for a mild loss of -0.08% and snapping a four-day winning streak. The New

Market Summary: The long and the short of it. We saw an early sell-off in the S&P 500 on the disappointing quarterly earnings released by the bell-weather Caterpillar (CAT) and the electronics giant Texas Instruments (TXN).  However, the S&P 500 managed to shrug off the news and close out a resilient session, to finish at

“The best partnerships occur when all participants have special talents to bring to the relationship which makes a whole more powerful than the sum of its parts. This is the beauty of the multipolar alliance formed by Vladimir Putin, Xi Jinping and a growing array of Asian, African and South American statesmen in recent years.”

  Market Summary: The long & short of it. Stock markets rallied strongly again today, shrugging off the disappointing August ISM Manufacturing  (PMI)* data from yesterday. The PMI for August was the lowest seen since August 2016. The S&P 500 finished with a healthy gain of 1.08% to close at 2,937.78, while the New York

August 2019  – The long & Short of it.  Stocks Markets did very little last Friday and drifted sideways to finish the week higher by a healthy 2.7% on the S&P 500 at 2,926. The New York Composite (NYA) finished higher by 1.23% at 12,739, leaving both Indexes near the upper end of their August