- S&P 500:3,351.60+53.140+1.61%
- What’s Behind the UK’s Decision to Hold Off on a Rate Cut?
While the Federal Reserve slashed its interest rates by 50 basis points this week, and are expected to ease further at their March meeting, Andrew Bailey took a contrarian stance by stating that a rate cut for the UK is not imminent.
- Coronavirus, Trade War Expose US Overreliance on China
Now, nearly two months after the trade deal was signed, it looks as if it may never get fulfilled. In the meantime, the coronavirus has done a lot more damage to China’s economy and geopolitical aspirations than Trump’s trade war.
- The Technical Chart for this Index Points to More Losses for Equities
After a sharp drop in the equity markets in the last week of February, one equity index is on the verge of a technical breakdown which hints that the globally correlated equity markets might see more downside.
- Here We Go Again – The Pound Is Set for another Rollercoaster of a Summer!
Britain and the EU return to the negotiating table. With so many issues to iron out and protectionism in play, it is going to be a rough ride.
- IMF, US Government, Fed are Watching the Data, When They Should Be Listening to the Financial Markets
Financial market investors were ahead of the Fed before in 2018 and central bankers made three cuts in 2019. I think they are right again so I expect the Fed to cut its benchmark rate sooner rather than later in 2020.
- US Divergence from Asia, Europe Will Signal Short-Term Top
The U.S. markets are going to be supported as long as Asian and European money keeps coming in to chase the higher-yield. But if they start to come down later today and finish lower, then this will tell us that the U.S. professionals have had enough and the market could
- US Stock Market Extremely Vulnerable to Renewed Selling in Asia
In my opinion, U.S. investors were trading momentum and not value. This usually indicates the presence of short-term speculative buyers, not value-seeking investors. I also think that some money managers bought because everyone was buying and they didn’t want to miss the move.
- China Stocks to Open Sharply Lower – This Won’t Be a ‘Flash Crash’, but Real Selling
I expect Chinese equities to “play catch-up” with the rest of the global indexes. My guess is for a 6-10% lower opening on Monday, February 3.
- Brexit – As Britain Leaves the EU, the UK Remains Divided as do the Financial Markets and the Pound
It’s been a wild ride for Britain and the Pound since the summer of 2016 when Britain decided to jump ship and we may see a few more twists and turns…
- Next Major Move in Financial Markets Will Be Dictated by WHO Decision
WHO decision should trigger a volatile response in financial markets and is likely to determine the direction of global stock markets over the near-term.
Trade With A Regulated Broker
- Your capital is at risk