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Looking Ahead for the Week of Nov 20 - 24
Nov. 17, 2017 "Is this the real life? Is this just fantasy?" - Queen (Bohemian Rhapsody) The centerpiece of President Donald Trump's legislative agenda took a step toward becoming a reality this week, but divisions between the two chambers of Congress left many investors still questioning the likelihood of comprehensive tax reform in 2017. It was "easy come, easy go" trading for U.S. stocks, as declines on Tuesday and Wednesday gave way to a firm advance on Thursday. In fact, the S&P 500 followed its first 0.5% loss in more than 50 sessions (snapping the longest streak without a 0.5% loss in more than 50 years) with its best gain in two months on Thursday. In fixed income, the spread between long and short Treasuries continued to...
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Looking Ahead for week of the Week of Sept 7-11
Stock Market
9/4/2015 Bear gone fishin', mermaids missin' Got to get to the bottom of this - Widespread Panic The bears returned in force this week, leaving investors fishing for the market’s bottom. The fuel for the move lower was provided by uncertainty surrounding the Federal Reserve and the Chinese economy. A mid-week respite from international volatility was a temporary tourniquet for equities, but the sell-off resumed on the heels of Friday’s non-farm payroll report. The economy added fewer jobs than expected, but the unemployment rate ticked down to 5.1%, the lowest level since 2008. In addition, the previous two months reports were revised modestly higher. The employment landscape, together with other recent releases, suggests domestic...
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