Summing Up The Week While there were mediocre news reports with economic datapoints this week, the real news was President Donald Trump announcing his “massive” trade deal with Japan on Tuesday evening. This sent stocks rallying to new record-breaking...
Summing Up The Week President Donald Trump continues to be the market mover when it comes to catalysts affecting the markets. The week kicked off following Trump announcing significant tariff increases on Canada, Mexico, and the European Union (EU) over the weekend....
Summing Up The Week Despite President Donald Trump returning to tough talk on tariffs at the start of the week, the bullish animal spirits took over with stocks recovering from Monday’s initial pullback. The release of the Federal Reserve’s May meeting...
Summing Up The Week The markets continued to rally for the entire shortened trading week regardless of whether the news catalysts could be considered good or bad. In fact, it felt as though all news was good news with a bad private sector jobs report from ADP on...
Summing Up The Week Geopolitical concerns dominated the markets this week with the Israel-Iran conflict followed by an agreed-upon ceasefire making up the majority of the moves in stocks early in the week. Friday’s PCE showing a slight increase in inflation...
Summing Up The Week Despite uncertainty coming on from multiple fronts, the stock market held up remarkably well during this shortened trading week. The escalating conflict between Israel and Iran remains top of mind as the U.S. has enacted a two-week deadline before...
