Opinion – Monday 10 May 2021

Despite much weaker than expected Payroll data U.S. equity markets rose to end the week with all three Indexes closing in positive territory, helped by the fact that both the Dow and S&P closed at new all-time highs. Jobs data were once again the big story....

Opinion – Friday 7 May 2021

U.S. Equity Markets rose yesterday as strong jobs data outweighed inflation fears, as the Dow led the US Indexes higher with a gain of 0.93%. Strong jobs data again served as a tailwind for markets. Jobless claims fell again, hitting another post-pandemic low and...

Opinion – Thursday 6 May 2021

U.S. Equity Markets rebounded on strong economic data, before ending yesterday’s session mixed after the Dow made a new all-time high while the NASDAQ closed lower. Strong jobs data served as a tailwind for markets. ADP Employment Change data showed that 742,000 jobs...

Opinion – Wednesday 5 May 2021

U.S. Equity Markets fell sharply as bond yields rose, before recovering some of these losses into the close. The NASDAQ led the decline, closing lower by 1.88%. Inflation fears and rising yields spooked markets. Remember, these factors disproportionately hurt...

Opinion – Tuesday 4 May 2021

U.S. Equity Markets opened the week on a high note, with both the S&P and Dow closing higher while the NASDAQ finished yesterday’s session with a loss of 0.48%. Manufacturing data were mixed. ISM Manufacturing PMI fell unexpectedly in April as New Orders and...

Opinion – Friday 30 April 2021

U.S. Equity Markets rose on a volatile day, finishing the day higher, led by the Dow which rebounded 300 points off its afternoon low to close higher by 0.72%. Markets opened higher before selling off and briefly turning negative. But they rose again through the...