September 13, 2019 Markets charged ahead for their eighth consecutive, higher, weekly close. The move was fueled by optimism over tariff delays from both the U.S. and China as well as tame U.S. economic data. In a sign of goodwill in advance of face-to-face meetings scheduled next month, China agreed to boost purchases of U.S….
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September 6, 2019 Back from the Labor Day holiday bulls took the lead, pushing the S&P 500 to a 1.80% gain for the week. News that the U.S. and China would resume trade talks in October, along with optimistic remarks from a well-placed editor in the Communist Party’s official newspaper, renewed hopes that progress was…
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August 23, 2019 The Fed had investors feeling misunderstood this week. Addressing a crowd at the Kansas City Fed’s Annual Economic Policy Symposium in Jackson Hole, Federal Reserve Chairman Jay Powell disappointed markets as he continued to signal that the central bank would not be undertaking a more aggressive campaign to lower interest rates in…
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