Market Commentaries

10 May

Market Suffers on Chinese Fire Drill

May 10, 2019 China dealt a blow to markets as it sought to renegotiate a draft trade agreement that the U.S. and investors had come to believe was a “done deal”. The proposed trade agreement began unravelling last Friday night when diplomatic cables arrived in Washington from Beijing, making significant edits to previously agreed upon…

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03 May

Jobs Report Raises Market’s Mood

May 3, 2019 A strong April jobs report managed to spark a rally on Friday, helping to offset investor disappointment by the Fed failing to signal a potential rate cut at this week’s FOMC meeting and as manufacturing figures missed expectations. Having been spoiled by the Fed’s accommodativeness this year, markets had added a rate…

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26 Apr

Markets Break Records on Q1 GDP

April 26, 2019 First quarter earnings and a surprisingly strong Q1 2019 GDP led the S&P 500 and NASDAQ to record closing highs this week. Earnings beats from tech titans Microsoft and Amazon were among the more notable quarterly earnings reports, contributing to what is now expected to be a 1.90% growth rate in the…

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