Easing Into 2020 AAAHHH! As we ease ever so gently into 2020 (note the sarcasm), it gives us no lack of topics to discuss for the week. Here’s a brief “Pre”-Cap: 1. Oil is back on the front burner. Oil prices spiked on Friday after the U.S. killed a leading Iranian military commander […]
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NEW HIGHS! NOW WHAT? After the Fed cut rates again last week, they indicated that further policy easing may not be necessary. Many Fed Reserve officials, including NY Fed President John Williams, Philadelphia Fed Chief Patrick Harker, Chicago Fed Chief Charles Evans and Dallas’s Robert Kaplan will be speaking this week and discuss their […]
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Markets will likely be volatile as the week begins. After a week that saw the DOW relatively unchanged and the S&P 500 Index toy with 3,000 again, we should expect volatility at the beginning of the week as optimism over the prospect of a Brexit deal between the UK and EU—touted by UK Prime Minister […]
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Hi everyone – We finished the week strong as President Trump announced a “PHASE ONE” agreement with China. However the last hour of the trading day on Friday seemed more like a “Buy the rumor, sell the news event” as the Dow closed almost 200 points lower and the S&P’s closed 20 points lower […]
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Hi everyone – We finished the week strong as the markets gained throughout the day into the close. The broad markets have rallied back strong after the selloff earlier this week, thanks to the worst ISM data since the financial crisis. The bounce was led by growth tech names (cloud notably) along with AAPL making a […]
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Curreny warfare is a way to export deflation. When one country weakens its exchange rate, another country’s exchange rate gets stronger. This makes imports cheaper for the country with the strengthening currency. A flood of cheap imports in its markets hampers inflation. Inflation is boosted by increasing domestic demand. The increasing domestic demand is backed by […]
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I hope you all enjoyed the Football Sunday of the season! All of us here in Chicago are lamenting the start of the Bears season and we hope you’re season starts off on a much better note! Well – what a difference a week makes! Last week, we saw an escalation in Hong Kong which has now […]
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I hope you have all enjoyed your Labor Day weekend. I just want to give you a head’s up on what to expect this week: More Tariffs – President Trump hit China with 15% tariffs on $110 billion of China goods over the weekend, so despite both sides set to get back to the negotiating […]
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Prosper CEO Scott Bauer visited with TD Ameritrade Network’s Oliver Renick to discuss the US/China trade war and the buzz around it. Click the video below to see his analysis. Follow me on Twitter @CboeSIB
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The Jackson Hole Economic Symposium is one of the longest-standing central banking conferences in the world. The mission of the event is to foster an open discussion. Attendees are selected based on each year’s topic with additional consideration given to create regional diversity among attendees. Fed Chairman Jerome Powell kept his comments quite benign and the markets took […]
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