Counterpunch!

Counterpunch!  Risk assets were trounced yesterday in response to some aggressive moves by China.  China fought back and traders finally opened their eyes to the reality of a trade war.   MY TWO CENTS    It’s not magic, it’s manipulation.…

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Wrong Way!

Wrong way!  Stocks sold off on Friday, despite solid employment figures, in response to trade tensions brought on by Trump’s newest tariff threat.  Employment numbers coming in largely as expected were not enough to divert attention away from a deteriorating…

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Trade Tirade!

Trade tirade!  Markets, basking in the warmth of Wednesday’s interest rate cut, got the rug pulled out from under them with a new threat of tariffs on China.  Stocks spent the first half of yesterday’s session in the black until Trump’s surprise…

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Game Day

Game day.  Stocks slid yesterday ahead of today’s big announcement as traders learned, via Twitter, that all may not be so good in Shanghai.  The Fed will drive markets today, but yesterday it was all earnings and Trump… and maybe…

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The Waiting Game

The waiting game.  Equities had a mixed day as traders awaited a Fed decision and a surge of economic and corporate data.  With little domestic data to ponder traders turned their eyes overseas and were not sure they liked what…

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Rate Debate

Rate debate.  Stocks sold off yesterday on disappointing earnings and ECB ambiguity.  Earnings misses after Wednesday’s close overshadowed positive ones in yesterday morning’s pre-bell procession and the ECB failed to provide true clarity on rates, causing markets to sell off.…

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