When Bad is Bad Wall Street’s three main indexes closed down on Friday amid a sudden setback in the U.S. labor market and a 12% spike in U.S. oil prices due to the escalating conflict in the Middle East. Oil prices rose more than 36% this week. Sometimes “bad” economic data can be “good” for […]
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The Middle East entered a new and deeply uncertain chapter over the weekend when the United States and Israel launched a sweeping joint military campaign against Iran. What had been months of escalating tension suddenly became all-out conflict — and global markets are already feeling the shockwaves. How We Got Here The seeds of this […]
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Edwin Starr made this song famous back in 1970 and we are about to see how it may impact global markets in the coming weeks. This past week, financial and tech stocks were hit hard by a handful of persistent investor worries on Friday, with U.S. stocks suffering their largest monthly percentage declines in a […]
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It was a busy shortened week in the markets. From earnings to GDP to PCE and then, oh yeah, a Supreme Court ruling, the markets ended higher. After bouts of volatility earlier in the week, equities stabilized into Friday’s close, with market participants reassessing growth expectations and policy risk. A key catalyst arrived from the […]
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