Market Commentaries

21 Feb

Bulls Hit Pause to Assess Coronanomics

February 21, 2020 After leading the S&P 500 to two consecutive weeks of gains and all-time record highs, bulls hit pause on their record-setting run this week to take stock of “coronanomics”. Until just recently, investors had been encouraged by the steps taken in China to contain the virus, and the assurance of monetary and…

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14 Feb

Market Gets Some Love

February 14, 2020 Bulls made it a second consecutive winning week as investors continued to shake-off concerns over the coronavirus. The positive sentiment on the Street was helped in part by Federal Reserve Chairman Jerome Powell’s semiannual Senate testimony. In his remarks to lawmakers he reassured investors the central bank will continue to closely monitor…

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07 Feb

Dow Hits All-Time High Before China GDP Estimates Ruin Streak

February 7, 2020 After two consecutive weekly losses, bulls and opportunists re-grouped this week to send the Dow Jones Industrial Average to an all-time high of 29,379.77. The week’s rally was driven by news that the Chinese central bank would inject more than $242 billion to support its country’s economic growth, while indicating it would…

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