Market Commentaries

21 Jan

Phase I Signed, Sealed, and Delivered

January 17, 2020 After months of intense negotiations, the U.S. and China signed off on Phase I of their trade agreement this week. As part of the deal, the U.S. will suspend planned tariff increases on Chinese imports and cut the rate of some existing tariffs. In exchange, China has committed to ramping up purchases…

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10 Jan

Bulls Set Second Record High of 2020

January 10, 2020 Despite slipping earlier in the week on U.S.-Iran tensions, bulls regrouped to push the Dow Jones Industrial Average to its second all-time record high of the year. The move higher was driven by easing tensions between the U.S. and Iran and positive corporate news. After tensions erupted in response to last week’s…

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20 Dec

Bulls Take The Reins to Santa’s Sleigh

December 20, 2019 ‘Twas two trading sessions before Christmas and all through the Street, traders were cheering another record-setting week. The stockings were heavy with the year’s gains, with the S&P 500 adding another 1.65% this week to the year’s winnings. Economic data was light with U.S. existing home sales and housing starts mixed. Overseas,…

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