We’ve talked about it for months, and it’s finally here! The first Presidential debate is this Tuesday, September 29th —...
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The Race Is On — 2020 U.S. Election Calendar of Events
Stock Market Sees Longest Losing Streak In Almost a Year
Euphoria in domestic equity markets unwinds
Markets “sell the winners” again last week
Market turbulence continued last week in another “sell the winners” week of trading, shortened by the Labor Day holiday. The...
Does Covid Second Wave Seem Too Remote?
There are now more Covid-19 cases in Europe than there are in the U.S., according to the World Health Organization...
Stock Market Sell-off Biggest Since June
Last week was another reminder that stocks don’t go straight up all the time.
Should Apple’s Stock Split Matter This Much?
At the close of business last Friday, August 28, 2020, Apple (AAPL), the first company to ever reach a market...
Global Markets See 5-Week Winning Streak
Upside momentum continues to build in equity markets as we approach the last week of a very non-standard summer. That...
How Will the Fed’s New Inflation Target Impact Interest Rates?
Chairman of the Federal Reserve Jerome Powell announced the results of the year and a half long monetary policy framework...
Market Closes at Record High, But Rally a Narrow One
The S&P 500 had another positive week last week — its fourth in a row and its longest streak since...
Market Says “It’s August” In Slow Week Dominated By U.S. Politics
It was another slow week for markets as out-of-office replies pile up and volume plunges. Equities put in another positive...
Jobless Claims Dip Below One Million for First Time In 21 Weeks
Initial jobless claims beat expectations this week, falling below 1 million to 963,000 for the first time in 21 weeks....
Market rallies in lackluster trading as stimulus talks fall apart
Last week’s market action certainly felt like a typical August. Equities rallied in lackluster trading characterized by low volume and...
Housing a Bright Spot in Economy as Mortgage Rates Hit Lowest Level Ever
According to a weekly survey by Freddie Mac, the interest rate on a 30-year fixed rate mortgage, now 2.88%, hit...
Market Shrugs Off COVID and GDP Concerns as Big Tech Dominates
Equities rallied last week, capping off four straight months of gains to end July about 5% below February’s all-time highs...
Longest Bearish Streak In Retail Investor Sentiment Since 1987
Despite the recent rebound in the S&P 500 Index, which is up almost 45% from the March lows and just...
US Stock Market Dips Amid Rising COVID Cases, Big Tech Concerns, and Weak USD
Equities had a mixed week last week as investors continued to grapple with the stalling economic recovery due to rising...
Markets Fell Again Last Week, Led Lower By Non-US Equities