Summing Up The Week The week kicked off with a bang as markets rallied on the back of promises from the Trump Administration that a deal would be ironed out with China. On Wednesday, the party got busted when Federal Reserve Chairman Jerome Powell came out hawkish...
Summing Up The Week I still chuckle to myself when I think of all the “analysts” who were claiming volatility would be dead after President Donald Trump was re-elected. Many were looking at the average volatility of Trump’s first term and, on...
Summing Up The Week The market shrugged off bad news for much of the week with stocks heading higher and both the S&P 500 and Nasdaq making new all-time highs. However, that all changed on Friday when a much weaker than expected payroll report sent a shock through...
Summing Up The Week The name of the game this week was mixed inflation reports. Initially, the markets roared higher on the back of consumer prices rising less than expected in July only to get jolted when wholesale prices came in hot on Thursday. While businesses...
Summing Up The Week Did Apple (AAPL) just save the stock market? After a week that saw a weakening consumer resulting in inflation and a flat services PMI number followed by President Donald Trump announcing exorbitant 50% tariffs on India, stocks finished the week...