February 28, 2020 Growing concerns over the novel coronavirus spreading in the U.S. sparked a sharp sell-off on Wall Street this week with the S&P 500 shedding 11.50%. This was a sensational move given that we were near all-time highs just last Friday. The selloff has been driven by reports of the first unknown origin…
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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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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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