Market Banking on a Trade Deal & Medicare Part B – 6.7% Premium Hike!
The US Stock Market continues to melt higher anticipating a Phase 1 Trade Deal with China. As we are unaware of the details, the market is anticipating with a trade deal, Corporate America will get off the sidelines and Corporate Earnings will again re-ignite. Argus research has reported that the overall decline in 3rd quarter […]
Fed/GDP/Jobs/Earnings – All Viewed Positive!!
Last week I wrote “A lot of stuff this week”. Yes, it was a busy week! The Federal Reserve lowered rates as expected by 25 basis points. This is the 3rd rate cut in 4 months. Many are now speculating the Federal Reserve will be on hold until after the election unless the economic data […]
LOTS GOING ON! Earnings/The Fed/Jobs/China/Brexit
A lot of STUFF this week! Over 150 S&P 500 companies report earnings this week, including Apple. The Federal Reserve is widely expected to cut rates for the third time this year. The China trade negotiations are being perceived positive by the markets and the Friday Jobs report will be forgiven no matter what the […]
Markets Hopeful of Trade Deal! & SS COLA Announced!
Markets Hopeful of Trade Deal! Stock Markets rose late last week after news broke that trade negotiations are moving along in a positive manner! The results so far, appear to be the US has suspended a tariff increase to 30% from 25% on at least $250 billion in Chinese goods that was to take effect […]
Markets Down for 3rd Week & US Manufacturing Data
Markets Down for 3rd Week Last week brought in a bit of volatility as the 2nd straight month of a weak Manufacturing report sent the S&P 500 down 3% between last Tuesday and Wednesday. The market was mostly saved for the week when last Friday’s employment data was weaker than expected, however that made market […]
The Back and Forth Market Continues…
The Back and Forth Market Continues… August is now in the books, and good riddance. After hitting the yearly high in July, August was a back and forth market based on the rhetoric of our trade war. Negative information punished the markets, and words suggesting trade war improvement moved us higher. The negative, however, certainly […]
China Deal Looking Illusive
China Deal Looking Illusive It certainly looks as of now, that a China deal prior to our upcoming 2020 US Presidential Election may not happen…the war just intensified with President Trump announcing a 10% tariff on the $300 Billion of remaining Chinese imports to begin September 1st. This domestic tax will apparently be directed […]
Major Earnings Week, but does it matter?!
Major Earnings Week, but does it matter?! 1/3 of the S&P 500 companies will report 2nd quarter earnings this week! Normally, this many earnings reports would sway markets one way or another. I don’t expect based on earnings reports alone that much movement will occur, but who knows!!! So far out of 79 S&P […]
Weekly Market Commentary – January 8, 2018
Weekly Market Update January 8, 2018 Presented by Paul Levin, CFP®, ChFC®, RICP® General market news Early Monday morning, the yield on the 2-year Treasury opened just below 2 percent at 1.95 percent, while the longer end of the curve essentially stayed flat, making the entire curve flatter. After an initial spike in the […]
