The stock market rebounded Monday morning after last Friday’s wild ride. Investors are breathing a sigh of relief after President Trump made some constructive comments on the trade negotiations with China during a press conference at the G7 meeting in France. However, we can’t declare that we’re out of the woods just yet. The sharp sell-off in stocks last Friday was caused by a dramatic escalation of the trade war between the U.S. and China...Continue Reading >>
As of this writing, the Dow Jones Industrial Average has plunged over 750 points. The NASDAQ and S&P 500 are both down close to 3%. Today’s decline is coming on the heels of last week’s 3% drop in the equity markets. Prior to last week, the markets had been flying high. Why the sudden change of sentiment?
The volatility began last week with the Fed’s move to lower interest rates. While the Fed’s decision to cut rates by a quarter of a..Continue Reading >>
After the tumultuous winter of 2018, when virtually every asset class declined and stocks suffered a bear market in the fourth quarter, the spring recovery (chronicled in our previous commentary, Early Bloom) has continued into the summer months of this year. The S&P 500 rose 3.8% in the second quarter and has gained 17% year to date, posting its best performance in 22 years. However, it hasn’t been an entirely smooth ride in 2019. As our..Continue Reading >>
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