Banner

Week in Review 5/15/2020

SP500 ends week lower despite positive days on Thursday and Friday. US officials have pledged additional stimulus in the face of continuing macroeconomic deterioration. 10 yr Treasuries remain constrained, as does the broad Dollar Index. Fed Fund rate remains near zero. Stimulus costs are starting to materialize in data. US housing sector indicators reflect decline … Read more

Week in Review 8/17/2018

Week ending 8/17/2018 Dollar dropped this week, perhaps as concerns that the currency volatility in Turkey would spread to emerging markets calmed. Several major US retailers announced earnings and despite some beating expectations, the industry outlook remains negative. The SP500 is near its 6-month high, as the 10 Yr treasuries fall back towards February levels. … Read more