Opinion – Thursday 13 April 2023

U.S. Equity markets reversed earlier optimism on a better-than-expected CPI print. All three main American Indexes closed lower led by the NASDAQ 100 which ended yesterday’s session with a loss of 0.89%. The U.S. economy has been developing cracks in its foundation...

Opinion – Thursday 12 April 2023

U.S. Equity Markets closed mixed yesterday following an extremely quiet session. While the Russell 2000 again closed higher, rising Bond Yields saw the NASDAQ 100 close with a loss of 0.67%. All eyes are on this afternoon’s CPI release. Since the start of 2022,...

Opinion – Tuesday 11 April 2023

U.S Equity Markets reversed earlier losses to again close higher. The Small Cap Russell 2000 led Monday’s gains, closing higher by 1%. Economic indicators are all pointing in the same direction. A touted recession indicator is now at its most dire level since 1980....

Opinion – Thursday 6 April 2023

Apart from the small rally in the Dow American Indexes closed lower across the board yesterday. The Russell 2000 again led the declines, closing lower by 1%. Fed President Loretta Mester said that inflation remains too high and that it could potentially take until...

Opinion – Wednesday 5 April 2023

U.S. Equity Markets finished lower as the ISM Manufacturing Purchasing Managers’ Index contracted for the fifth straight month. The Small Cap Russell 2000 led yesterday’s declines, closing lower by 1.81%. Inventories and prices entered contraction territory....

Opinion – Tuesday 4 April 2023

Despite the Bank Index closing lower yesterday, the Dow led Monday’s gains closing higher by 1% as this relentless liquidity rally continues without any meaningful pull back. Oil jumped 8% as OPEC announced an unexpected crude output cut that is expected to begin next...