Welcome to our weekly State of the Markets video where Seth Golden and Wayne Nelson discuss all aspects of the market, from the macro to the micro. Please click the link to review the video. (1hr duration). For expedient reviews, feel free to skip segments of the SOTM by following the Outline below: The U.S.…...
Interview with KKR’s McVey on all things surrounding the economy!...
Coming into the final trading day of the week, U.S. equity futures are setting up for a lower open on Wall Street and ahead of Good Friday. All 3 major averages fell on Wednesday, albeit very modestly and without much volume to consider. And while we can rationalize that most index and index ETFs remain…
If you were concerned for the economic data to be released by China overnight, color yourself in the same camp as many investors. But for all of the concern, China managed to surprise economists with better than forecasted growth in the Q1 2019 period. Beijing said its economy expanded by 6.4% year-on-year in the first…
Remember all the way back in January 2019 all the calls for a retest of the lows from December 2018? With each passing month since, those calls have faded into the misty background and proven more of a bias towards recency and fear than anything else. Some of the worst calls for market moves ever…
Defining What We Mean By Liquidity “Liquidity” is a word that is used to mean different things in different contexts. There is accounting liquidity, and market liquidity, and systemic macro liquidity. But they have one thing in common: cash is king. Take a simple example. You want to buy a new car that costs $30k.…
One of the issues with suggesting that the S&P 500 (SPX) over reacted to a growth slowdown in Q4 2018, is that is merely a human assessment, something that has an increasingly insignificant role in the equity markets. The equity markets are increasingly underpinned with programmed algorithms and found with less and less active fund…...
Welcome to our weekly State of the Markets (SOTM) video analysis. Within this week’s episode we discuss all macor-fundamentals surrounding the economy to better understand where the equity markets may be heading in 2019. Please click the following link to review the SOTM and for the sake of streamlining, we have offered a segmented outline…
It was another uneven trading day on Wednesday, but all 3 major averages finished in the green, led by the Nasdaq (NDX), which was higher by nearly .7% on the day. One of the sentiment headwinds for equities may have been removed for the next several months, but the market’s strong YTD performance will still…
Equity markets fell on Tuesday with the S&P 500 (SPX) halting an 8-day winning streak. The Dow Jones Industrial Average (DJIA) led its peer indices to the downside with a 190-point slide and on the heels of Boeing (BA) slashing its FY19 forecast. Additionally, investors revisited global growth fears after the International Monetary Fund (IMF)…
