Opinion – Wednesday 15 June 2022

A late rally saw U.S. Equity Markets finished yesterday’s session with modest losses following the rout of the previous three trading sessions. Although the Dow closed lower by 0.50%, the NASDAQ 100 finished with a small 0.21% gain. All the action was in Bond Markets...

Opinion – Tuesday 14 June 2022

U.S. Equity Markets suffered their worst day since the COVID Crisis in March 2020 as the S&P wiped out all of its 27% gains in 2021 with a loss yesterday of almost 4%. The VIX closed 22% higher at a price of 34.02 on what turned out to be most of the most brutal...

Opinion – Monday 13 June 2022

Following a much higher than expected CPI Print, U.S. Equity Markets got slammed across the board led by the 3.76% fall in the NASDAQ 100, in what turned out to be a brutal trading session. The U.S. Bureau of Labour Statistics’ Consumer Price Index data for May...

Opinion – Friday 10 June 2022

U.S. Equity Markets got slammed yesterday as the sell-off accelerated in the last two hours of trading. The NASDAQ 100 led the declines with a loss of 2.75% while the VIX exploded to the upside with a gain of 9%. It was an ugly session all round. The U.S. Department...

Opinion – Thursday 9 June 2022

U.S. Equity Markets reversed all of Tuesday’s gains to close lower, led by the 1.08% fall in the S&P. Incredibly, the VIX also closed lower by 0.25% at a price of 23.96. According to data from the U.S. Federal Reserve, April’s total Consumer Credit balance...

Opinion – Wednesday 8 June 2022

U.S. Equity Markets reversed afternoon losses to end the day higher, led by the 0.95% gain in the S&P. This positive environment saw the VIX closed lower by 4% at a price of 24.02. In a Senate testimony, U.S. Treasury Secretary Janet Yellen said she anticipates...