In today’s video, we discuss the impact of the meeting between the US and China at the G20 summit on the markets. There was neither a kumbaya moment nor an acrimonious and contentious meeting. The politicians did what they’re best at: They punted or kicked the can down the road.
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This weekend is an important G20 meeting in Argentina. This is a meeting of 19 individual countries and the EU, where they discuss the promotion of international financial stability. This weekend’s meeting, however, will take on more significance than normal because of the meeting between Trump and Xi. Will they make a trade deal, or […]
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Yesterday a 5-day losing streak was broken. The question is can we have a two-day rally, especially in the face of a weekend? We haven’t seen a Friday rally hold in weeks. In the last few days, we had some major names come out and call for world woes to appear. Paul Tudor Jones is […]
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The equities markets saw a bullish trend towards the end of today’s session after it was implied that the US and China might reach some tentative agreement on trade by the end of this year. However, shortly after this headline hit the newswires, a senior US trade official stated that such a deal was not […]
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Volatility is front and center. This type of volatility is only seen once every 50 years, as described by Mr. Urban C, a brilliant mind with a Wharton pedigree. In today’s video, I cover just how wild a ride we are having this month and some amazing stats. What I will remind you is that […]
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With one week to go to Halloween, the market got a jump on spooking everyone. Yesterday’s wild ride saw the Dow down 550 on the lows, working aggressively back to near steady on the day, only to close down 125 points. This market drop is uncomfortable but should be no surprise. Key indicators were pointing […]
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So before we know it, we’ll be bombarded with the sales events of Black Friday. Let me be the first to throw that term out to you this year, as today is a Black Friday of sorts as well. 31 years ago today, in 1987 we witnessed one of the biggest single market smackdowns ever: […]
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Why oh why must our President express his every thought? This is not a political knock. I’m not picking one side of the aisle or the other. So before you jump to attack or defend him, hear me out. When a sitting President counters the thoughts of a Fed Chairman and places blame towards the […]
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