by Derek Heffernan | Jul 15, 2019 | Weekly Market Commentary
Weekly Market Comment – July 15th 2019Equity market performance was very mixed last week. In the US the large-cap S&P 500 Index and the Dow Jones Industrial Average reached new records. The Nasdaq Index, which is a technology heavy benchmark, also performed...
by Patrick Kilduff | Jul 15, 2019 | Macro Round-up
The Federal Reserve (Fed) Chairman Jay Powell provided the anticipated dovish testimony to Congress. Unfortunately, the Fed have to navigate the necessary fundamental actions required for the observed slowdown in the economy against the perception that they are acting...
by Derek Heffernan | Jul 8, 2019 | Weekly Market Commentary
Weekly Market Comment – July 8th 2019It was a quiet week in markets as is normally the case when the US celebrates its Independence Day (US markets were closed on Thursday and trading finished early on Wednesday). The major indexes ended mixed after Friday saw a...
by Patrick Kilduff | Jul 8, 2019 | Macro Round-up
The “jockeying” for EU positions seems to have come to a temporary halt with the most important appointment from a market perspective being that of Christine Lagarde as Mario Draghi’s replacement as the head of the ECB. Lagarde’s professional training is that of a...
by Patrick Kilduff | Jul 3, 2019 | Macro Round-up
The G20 meeting concluded with some form of respite for investors who were alarmed by the risk of an escalation in the US China trade war. The declared ceasefire between Trump and Xi Jinping may be only temporary especially in light of bipartisan support in the US for...
