Market Snapshot Investor optimism rises after the U.S. and China held a phone call last Tuesday about the implementation of the phase-one trade agreement. Additionally, as the economy continues its K-shaped recovery and re-emerges from the virus shutdowns earlier this…
Market Snapshot U.S. equity futures point to a higher open following Asian and European equities after a report that White House officials have reassured American businesses that a ban on the WeChat won’t be as broad as feared. WeChat’s parent…
U.S. equities are trading higher this morning with the S&P500 index up 12.12 points to around 3,385 +0.36% following gains that began in Asia and are continuing during European market trading. The 10-year U.S. Treasury rate is -2.3bps lower to…
Historically, the month of August tends to hold steady as traders and investors alike take time off before post-Labor Day trading begins. However, given the fluid coronavirus situation and its impact on the global economy coupled with increasingly tense geopolitics,…
It is going to be another rollercoaster of a week with public companies reporting Q2 earnings. Following last Friday’s optimism that an effective treatment for the virus might be closer, S&P 500 Futures are currently 0.70% higher to 3,200.25 and 10-year U.S. Treasury yields are…
It is little surprise, given a global slowdown in supply and demand, that the recent slew of economic data has been negative. Jobless claims last week showed that for the eighth straight week, millions of Americans continued to seek unemployment…
To capitulate is to surrender or give up. In trading, this term is commonly used to indicate the point in time when investors give up on attempting to recapture lost gains as a result of rapidly falling prices. While investors…
As schools, restaurants, and stores close, and travel comes to a near halt, the hit to the global economy is and will be severe leading us to a global Recession. In fact, some top economists believe the global economy has already…
Since January, when the early cases of the novel coronavirus (COVID-19) were alerted to the world, investors had hoped for a quick V-shaped recovery in risk assets as had occurred in 2003 following the SARS epidemic. For nearly two months,…
