U.S. markets showed continued weakness on Friday following the breakdown in trade talks with China and possible countermeasures if the U.S. was committed to putting more tariffs on Chinese goods. The overall pullback wrapped up the worst week of the year for the major indexes with mid-June support levels back in focus. Volatility also spiked to its highest level since early May but held a major...
Continue reading >>
U.S. markets showed continued weakness on Friday following the breakdown in trade talks with China and possible countermeasures if the U.S. was committed to putting more tariffs on Chinese goods. The overall pullback wrapped up the worst week of the year for the major indexes with mid-June support levels back in focus. Volatility also spiked to its highest level since early May but held a major...
Continue reading >>
Argentina is teetering on the brink of a financial crisis after its current leader, President Mauricio Macri, was defeated by a left-wing opponent in the country's primary elections over the weekend by a greater than expected margin. The stunning loss sent Argentine markets reeling. The S&P Merval Index plummeted 48% Monday, the second-largest single-day drop in any global stock market...
Continue reading >>
...
Continue reading >>
Wall Street's trade war anxiety isn't going away.The Dow dropped 391 points, or 1.5%, on Monday afternoon. The S&P 500 and Nasdaq lost 1.2% apiece. Treasury bond yields once again fell sharply as investors piled into safe assets.The turmoil comes as investors brace for the US-China trade war to deal more damage to the global economy. The risk is that the tit-for-tat tariff battle between the...
Continue reading >>
...
Continue reading >>