Opinion – Friday 24 May 2019

U.S. stocks retreated further on Thursday and investors sought refuge in gold and bonds as the world’s two largest economies hardened their trade-war stances. The Japanese Yen gained against the US Dollar, while 10-year Treasury yields fell to their lowest since 2017....

Opinion – Thursday 23 May 2019

U.S. stocks fell Wednesday as trade tensions simmered, with the White House said to be preparing to blacklist more Chinese technology companies. The US Dollar and Treasuries held their ground after the release of meeting minutes from the Federal Reserve, which...

Opinion – Wednesday 22 May 2019

U.S. stocks rebounded yesterday as the trade-war driven back-and-forth that has dominated markets this month showed few signs of abating. Treasuries slipped while the US Dollar gained. The S&P 500 Index climbed after the U.S. decided to grant limited relief for...

Opinion – Tuesday 21 May 2019

U.S. equities sank Monday as the fallout from the White House’s moves against Chinese telecom giant Huawei battered technology shares and stoked trade jitters. The US Dollar slipped. The S&P 500 Index dropped for the second straight session, with semiconductor...

Opinion – Monday 20 May 2019

U.S. stocks fell for the first time in four days, with technology shares bearing the brunt of the selling in a market rattled by a barrage of trade-related headlines. The US Dollar rose. The S&P 500 declined a second week for the first time this year amid...

Opinion – Friday 17 May 2019

U.S. stocks rose and Treasuries slumped anew as the rebound in risk assets from the trade-fomented sell-off continued. The S&P 500 capped a third day of gains, but faded into the close to finish just above its average price over the last 50 trading sessions....

Opinion – Thursday 16 May 2019

U.S. stocks rebounded for second day on signs the Trump administration is working toward easing tensions with trade partners. Treasuries advanced. The S&P 500’s two-day gain was the biggest in more than a month after Bloomberg reported President Donald Trump...

Opinion – Wednesday 15 May 2019

U.S. stocks rebounded as President Donald Trump moved to reassure markets that he will clinch a trade deal with China. The US Dollar rose and Treasuries fell. The S&P 500 rose for the second time in three sessions after Trump said he is talking with China. The...

Opinion – Tuesday 14 May 2019

U.S. stocks and commodities tumbled after China retaliated with higher tariffs on a range of American goods. Treasuries jumped with the Japanese yen on demand for haven assets. The S&P 500 dropped the most in four months, the Dow Jones Industrial Average slumped...

Opinion – Monday 13 May 2019

Stocks closed higher for the first time in five days on renewed optimism that an all-out trade war can be averted even after the U.S. decision to slap fresh tariffs on Chinese goods last Friday morning. While a late-day push sent the S&P 500 into positive...

Opinion – Friday 10 May 2019

U.S. stocks capped a fourth day of losses, though finished well off the lows of the day, while the Japanese Yen strengthened versus the dollar as investors assessed the likelihood of fresh tariffs just hours before they are due to take effect. The yuan fell to its...

Opinion – Thursday 9 May 2019

U.S. Stock-Index Futures tumbled after President Donald Trump said China “broke the deal” that he was negotiating on trade, days after he threatened to raise tariffs on billions of dollars in Chinese imports. S&P 500 Index futures contracts expiring in June fell...

Opinion – Wednesday 8 May 2019

Seven days into May, and while the stock market’s 2019 miracle remains intact, it’s starting to show cracks. A hundred words of Donald Trump tariff tweeting has quickly become $500 billion in value erased in the S&P 500. Dread is creeping in. The index is down...

Opinion – Friday 3 May 2018

Wednesday brought a non-event in the Federal Open Market Committee meeting, which was followed by a large sell-off in the stock market, at least by recent standards. But we should not reverse engineer this move on the basis that the market in its infinite wisdom was...