Market in Review 5/10/2024
MARKET REPORT – Top Orange Juice Supplier sees worst crop in 36 years (seriously) Review: – Gold UP, Dollar/Stocks up small, Crypto/Crude down – 700 Hotel union workers launch strike in Vegas – Novavax stock doubles on Sanofi deal – ECB Minutes increasing prop of cuts yet highlights caution/concerns – CAD economy adds most jobs […]
Market in Review 3/22/2024
MARKET REPORT Review: – CAD Retail Sales Edge Higher – DOW best week of 2024 (though drops 300pts today) – FedEx UP, Nike DOWN (24 wk low), LULU LEMON DOWN, Tesla Curbs China output – Soft Japan inflation, wage tally eased slightly – German Ifo beats – DAX record close, FTSE highest in 1yr – […]
Market in Review 1/31/2024
MARKET REPORT Review: – Fed keeps rates unchanged (as Exp) – Powell signals MAR rate cut unlikely, inflation is decreasing, still too high, need more evidence – Rates likely to move down this year, unlikely Mar – Treasuries up past 4% after falling back on data showing hiring slower than expected, employment costs rose softest […]
