Market Summary: The long and the short of it. Stocks finally woke up from their complacent march higher and began to catch down to the reality in the bond, currency, and commodities markets. The reality that the corona-virus has not evaporated but instead virus counts have exploded higher, rattled global investors on Monday. Investors that […]
Market Summary: The long and the short of it. Asia The Peoples Bank of China expanded its massive liquidity stimulus on Tuesday with another enormous 400 Billion Yuan in support of Chinese markets. The Federal Reserve in the U.S. also supported the U.S. markets with its overnight “repo”, which saw a another massive $64.45 Billion
Market Summary: The long and the short of it. The World Health Organization (WHO) declared the Wuhan coronavirus a “public health emergency of international concern.” The markets took this news as good-bad news. The stock markets, which tumbled on Thursday due to the rising death toll in the world’s second-biggest economy, steadied slightly on Thursday
Market Summary: The long and the short of it. ASIA Asian markets succumbed to the news that the coronavirus has not gone away overnight. Japanese and Hong Kong shares fell, Nikkei 225 is off -1.79% while the Hang Seng dropped -1.83%. The Shanghai Composite is not trading as the Chinese Lunar New Year holidays have
Market Summary: The long and the short of it. Asian markets opened up the day nervously and finished mixed as of the most recent closing prices. Hong Kong’s Hang Seng scratched out a small gain of 0.15%, while the Japanese Nikkei finished lower by -0.55%. Chinese markets were closed yesterday. European markets finished broadly higher
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. U.S. Markets: The equity markets stalled again yesterday following Chinese media comments on President Trump’s speech to the Economic Club of New York. China Global Times said, “Quite a lot of criticisms and complaints about China from President Trump in his latest speech, but hardly anything
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 and the short of it. U.S. markets: President Trump tossed a spanner into the markets on Friday. Confirming Peter Navarro‘s warnings, the President tweeted that he has not agreed to rollback tariffs with China, thus refuting Larry Kudlow’s comments. Navarro 1:0 Kudlow. The markets subsequently fell at the open and it