The Week Ahead | 06/15/2020
Last week we I was worried that we had gone up to far to fast because of an air pocket due to unrealistic market expectations. This week I stepped back…
Last week we I was worried that we had gone up to far to fast because of an air pocket due to unrealistic market expectations. This week I stepped back…
Wow. Unemployment rate is at 13.3% according to the BLS. All major averages shot up and as of this writing, they are extending their move higher. Can the market continue…
We have a big economic calendar this week with employment reports at the end of the week. The Covid-19 pandemic is still present and affecting countries across the globe. Protestors…
Happy Monday. Good Luck out there this week. Global Spotlight Argentine debt deadlines. May 22 is the deadline for a resolution on the Argentine government proposal to restructure its privately held sovereign…
Well, if you would have told me that unemployment was at 14.7% and the NDX is up on the year in the same week, I would have told you “you…
Happy Monday. Good Luck out there this week. Global Spotlight Reopenings in Europe. After almost two months of quarantine measures, several European countries including Spain, Poland and Greece, will allow a…
The World Awakens Economic Data Will Likely Paint a Dismal Picture. The West will release a host of economic data, including Q1 GDP for the United States on April 29 and for the…
Oil futures traded at a negative price yesterday. This has traders and market observers scratching their heads. Mike explains why this happened.
The Simple Approach to Survive a Downturn Sometimes, simplicity is the best approach. Make sure your portfolio is diversified among asset classes and regions, re-balance regularly, and maintain a high…
Happy Monday. Good Luck out there this week. Global Spotlight A Slow Economic Restart in Iran. President Hassan Rouhani announced that beginning April 11, some low-risk economic activities could resume in Iran…