News: Markets declined a fraction of a percent yesterday. Headlines blamed Fed Chair Powell for saying that “inflation is much too high” and the Fed will take “necessary steps” to address it. The S&P 500 rose over 7% last week, a decline of less...
News: On Friday markets logged a third day of gains and capped off one of the best weeks in years. This morning futures are down but not enough to be concerned about. The war in Ukraine is in its fourth week. According to a Wall Street Journal report...
News: In early February China and Russia released a joint statement declaring there were “no limits” to their cooperation. Russia delayed the Ukrainian invasion until after the Olympics at China’s request. Demonstrating strong cooperation between the...
News: I’ve said it before and I’ll say it again. He’s easy to hate on, but the market rallies every time he speaks. The market loves Fed Chair Powell. Yesterday the markets traded deep in the green, he announced the rate increase, which was expected...
News: Tomorrow will mark three weeks since the Russian assault on Ukraine began. We’ve learned that war is unpredictable. Today Ukrainian President Zelensky is scheduled to address U.S. Congress. I don’t expect his speech will move the market. Oil is...
News: China is reporting a significant increase in Covid cases, the highest levels since the initial outbreak in March of 2020. According to reports, it is due to the Omicron variant. In the states, the CDC now says that 98% of Americans can return t...
News: Markets sold off again on Friday. Oil appears to have stabilized just above $100 per barrel. The Russian offensive against Ukraine appears to have slowed. The latest report says Russia is now asking China for assistance. This war could take som...
News: New inflation numbers revealed inflation is still high … big surprise! After gaping down, markets finished in the red yesterday. Though well off their lows and near session highs. Russia claims to have enough buyers for its oil even after all t...
News: Markets posted big gains across the board yesterday after Ukraine’s President mentioned he’d “cooled” on his NATO membership application. The war has not slowed down. Reports came in yesterday of a Russian airstrike destroying a hospital. After...
News: Markets went on an insane ride yesterday. After starting off deep in the red they headed well, +1%, into the green, only to give it all back up and close in the red. The volatile session came on the heels of the US & UK’s ban on Russian Oil...