Opinion – Thursday 21 April 2022

U.S. Equity Markets finished the day lower after a mixed session in which the NASDAQ fell 1.49% while the Dow ended yesterday with a gain of 0.71%. Federal Reserve Bank of Atlanta President Raphael Bostic said he believes the U.S. economy can stand on its own without...

Opinion – Wednesday 20 April 2022

Despite U.S. 10-Year Treasuries hitting a 42-Month high of 2.94%, Equity Markets finished the day higher led by a 2.15% rise in the NASDAQ 100. Federal Reserve Bank of St. Louis President James Bullard said the central bank may pursue an interest-rate hike of 75 basis...

Opinion – Tuesday 19 April 2022

Last Thursday, the U.S. Department of Labour reported that another 185,000 individuals filed Initial Jobless Claims in the week ending April 9, which was higher than the prior’s week’s upwardly revised figure of 167,000 and Wall Street’s forecast of...

Opinion – Thursday 14 April 2022

Despite the Bank of Canada raising Interest Rates by 0.5% and a much higher PPI print, U.S. Equity Markets finished yesterday higher led by the 2% rebound in the NASDAQ 100. The U.S. Bureau of Labour Statistics’ Producer Price Index data for March rose 11.2% on...

Opinion – Wednesday 13 April 2022

U.S. Equity Markets reversed afternoon gains before selling off into the close. The NASDAQ 100 again led the declines with a loss of 0.36%. The U.S. Bureau of Labour Statistics’ Consumer Price Index (“CPI”) data for March rose 8.5% year over year...

Opinion – Tuesday 12 April 2022

Ten-Year Treasuries rising to a three-year high saw U.S. Equity Markets close lower led again by the NASDAQ 100 which started the week with another loss of 2.35%. Money Managers and traders are concerned about the future policy implications ahead of this afternoon’s...