New Year’s Day split the last week of 2019 directly in half with equity markets giving back a mid-week rally to finish slightly in the red after Friday’s action.  Stocks were soft while gold, oil, yen, and U.S. treasuries moved higher in [...]

A Santa rally materialized for U.S. equity markets in what was the last full week of the calendar year and also the last full week of the decade.  The S&P 500 closed higher for a fifth consecutive week and at a record high, as the pic [...]

A quiet pre-holiday week of trading netted nice gains across global equity markets leaving the S&P 500 at a new all-time high print.  Commodities, rates, and the USD moved higher across the board as well. Renewed optimism for stabiliz [...]

Equity and commodity markets posted only modest gains last week despite what seems to have been a newsworthy week on several political fronts.  Indications of a U.S.-Sino trade deal, a landslide victory for proBrexit conservative party in [...]

The U.S. equity market started off the week down approximately 2% on Monday and Tuesday but recovered that and slightly more on the back half with a pivot toward constructive trade narratives and a strong November jobs report Friday.  Whi [...]

The Thanksgiving holiday and a shortened trading day Friday left a good amount of market data points crammed into three days.  A general sense of trade optimism maintained market buoyancy and the heavy economic calendar turned in some fai [...]

Doubts surrounding the ‘phase 1’ trade deal with China, escalating impeachment hearings, and a generally overbought market were enough to halt the S&P 500 weekly winning streak at six.   In what was probably an overdue breather, risk [...]