Disconnected from reality? Are elevated prices in U.S. markets showing a disconnect from reality? Is the free flowing Federal Reserve liquidity too easily available? Are central banks too eager to please? Are central bank fearful of failure? Do they really need to step in every time economies face a problem?Read More →
Stocks up – shrug of coronavirus Stocks yet again set new records ignoring the potential threat of the coronavirus – (COVID-19). Despite the worrying number o uncertainties the virus brings with it, and there are many, stocks climb ever higher! This may be for a number of reasons:- Central banksRead More →
New records set – 10th February 2020 Wall Street’s S&P 500 index closed up at a new record high Monday of: 3352, virtually ignoring fears surrounding the coronavirus outbreak. Nasdaq set a new record too. S&P 500 closed up at an all time high of: 3352 Nasdaq closed up atRead More →
Shoulder shrug! U.S. markets have pretty much shrugged off everything that’s been thrown at it for some time now – and markets are likely ignoring the carnage the coronavirus could bring. It does seem utterly astonishing to me that U.S. markets are trading at near all time highs despite theRead More →
European stocks slide European stocks fell Friday as German industrial production slumped. Investors were also waiting for U.S. jobs data due for release Friday at: 13:30 GMT. The coronavirus concern remains high! Industrial data readings German industrial production came in far worse than expected, with a 3.5% drop in DecemberRead More →
Stocks rebound Global stocks recover lost ground after falling on Monday 27th January 2020. European stocks pick up The FTSE 100 closed Monday at: 7412 down 174 points but picked up Tuesday by 77 points to close at: 7481. Germany’s Dax dropped Monday by 372 points to close at down:Read More →
Earnings season As fears of the coronavirus outbreak push global stocks into reverse, U.S. companies prepare to unleash their results on the markets. Fourteen of the thirty companies making up Dow Jones industrial Average (DJIA) are due to report this week including Apple and Microsoft. S&P 500 The S&P 500,Read More →
Stock markets fall Asian stocks drop as mounting concerns of the coronavirus take hold and investors fret over the potential harm to global economies. Markets around the world fell sharply on Monday. Japan’s Nikkei index fell by 2%. The FTSE 100 was down by 1.75%. European indices also suffer bigRead More →
Scheduled events 22nd January 2020 World Economic Forum at Davos. UK public sector net borrowing data due. Canada price index data and interest rate decision due. U.S. housing data. Shares in Asia made gains, as earlier investor concerns about the coronavirus in China eased. Netflix results Netflix reported results forRead More →
Dow new record high The Dow Jones Industrial Average set yet another new record high on Friday 17th January 2020 closing up at: 29348 after touching 29400 in intraday trading. Over the week (13th – 17th January 2020) the Dow gained some 525 points aided by the U.S. China PhaseRead More →