Safety First! As we edge closer to the 2020 elections, candidates are looking to do anything they can to fuel their narrative and drive voter turnout in their favor. At the top of the ticket, Americans are looking for a…
Midweek Macro – 6.17.2020
The first headline I read this morning was “Stocks pare gains on second wave fears” while the second read “Stocks rally on COVID recovery optimism.” – as they say in Germany, klar wie Kloßbrühe! S&P futures show the market for…
Midweek Macro – 6.10.2020
Happy FEDnesday everyone! Our friends over at the Federal Open Market Committee will conclude their 3rd two-day meeting of 2020 today (the mid-march gathering was cancelled with 5 other unscheduled meetings taking place that month). Investors are not expecting any…
Midweek Macro – 6.3.2020
“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…
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?…