Bit of a rough trading session for investors on Wednesday, as the hope of some relief hangs in the wings with U.S. equity futures pointing to a modestly higher open on Thursday, should they hold. Equities tumbled at the open of trading on Wednesday with the S&P 500 slipping below 2,800 and eventually to an…
Equity markets are responding as one might expect given the flight to safety as perceived by the recent bid in treasury markets around the globe. On Tuesday, bonds took a significant leg higher, pushing yields lower and with the U.S. 10-yr. Treasury yield breaking below 2.27% on the day. Additionally, the 3-mnth./10-yr. Treasury inversion spread…
Without a recognizable and verifiable path forward for U.S./China trade talks, the narrative is quickly shifting toward a “no deal” outcome. Bond yields are, however, recognizably lower on Tuesday and after a long 3-day, Memorial Day weekend. The 10-year Treasury yield is at its lowest level since October 2017 and seemingly pricing in a “no…
Welcome to another weekly State of the Markets video where Wayne Nelson and Seth Golden discuss all aspects of the macro and micro environment that reflects in the equity and debt markets. This week’s video is roughly 1hour and 26 minutes in length. Please feel free to review the outline below as a guide for…
U.S. equity markets rebounded from their Friday’s losses in a big way, led by the Nasdaq (NDX) that was higher by just over 1% on the trading day. With Google and the U.S. Commerce Dept. loosening restrictions on China’s Huawei, the market looked forward to the next trade headline with a more positive outlook. That…
Equity markets were sent reeling, once again, Monday as trade war concerns and their impact on global growth moved to the forefront once again. What spurred the latest fears was the following headline: Google’s (GOOGL) move to stop licensing its Android mobile operating system to Huawei could deal a huge blow to the Chinese tech giant’s…
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. (54 minutes in duration). For expedient reviews, feel free to skip segments of the SOTM by following the Outline below: Introduction and…
A rather unexpected scenario presented itself for investors on Tuesday, a relaxing of trade feuds and tariff expectations. It was previously anticipated that the U.S. would be making a decision on EU auto tariffs on or by May 18, this coming Saturday. On Tuesday, however, the Trump administration announced it plans to delay auto tariffs…
Equities bounced back on Tuesday after a 2%+ loss on Monday, as trade talks still appear in play between the two largest economies. But the rally fizzled in the final hour of closing as the major averages lost some of their vigor. Nonetheless, Jim Cramer said Tuesday that the stock market saw a “genuine rally,…
How deep with the current market pullback become? That’s the question on many investor/traders’ minds as a 5% S&P 500 (SPX) has taken place under the premise of trade feud escalations. Both China and the U.S. have raised the stakes in their implemented tariff battle and while talks move forward with the hope of finding…
