“The disconnect between what the average person sees happening in the world and what they see happening in the financial markets is getting wider and wider”-Marshall Gittler, BDSwiss Global markets continue to rally this week, amidst ongoing civil unrest in…
Category: Market Update
Midweek Macro – 5.28.2020
According to the consumer research firm Nielsen, U.S. sales of mints are down 30% YoY at stores with gum following closely behind down 28%. Don’t worry, there isn’t concern of a wide spread pandemic of bad breath, though, as toothpaste…
Midweek Macro – 5.20.2020
“Asset prices remain vulnerable to significant declines should the pandemic worsen, the economic fallout prove more adverse, or financial system strains re-emerge”-Federal Reserve Bi-Annual Financial Stability Report The S&P500 is down 1% in early trading this morning as vaccine experts…
Midweek Macro – 5.13.2020
It’s beginning to feel like 2018 again. Investors are getting spooked with escalating tensions between the United States and China. The Trump Administration is putting public pressure on the FED to lower interest rates. Central banks are urging governments to…
Midweek Macro – 5.6.2020
Ahead of the Friday release of April’s Jobs report, with markets expecting to see a drop of 22 million jobs, several Federal Reserve speakers have been taking the podium this week to share their wisdom on our economic outlook as…
Midweek Macro – 4.29.2020
In the current version of normal, almost all meetings have become virtual. The Federal Reserve’s regular assembly of the Federal Open Market Committee is no exception to this phenomenon. Fed Chair Jerome Powell and his fellow interest rate gurus will…
Midweek Macro – 4.21.2020
Looking for a new hobby during this shelter in place? Some people are baking banana bread and playing barista, but why not try oil storage? Have some extra space in the garage or a few rain barrels you don’t need?…
Midweek Macro – 4.17.2020
“We are now seeing the true effects of the coronavirus on the housing industry,” said Bill Banfield, Quicken Loans executive vice president of capital markets. “Despite the fact that construction can continue during shelter-in-place orders, home buying demand has plummeted and builders…
Midweek Macro – 4.15.2020
“You don’t have to swing hard to hit a home run. If you got the timing, it’ll go.” – Yogi Berra With projections coming out of the International Monetary Fund indicating that global GDP output is set to decrease by…
Midweek Macro – 4.8.2020
“The night is darkest just before the dawn. And I promise you, the dawn is coming.” – Harvey Dent Over the last week or so, the United States has been bracing for the worst of the coronavirus outbreak as Trump…