Real Estate (NYSE:) was the worst performing sector Friday, falling 1.1%, more than double the runner up, Industrials (NYSE:) (-0.5%). What’s odd about the sector’s underperformance is that recent data and monetary policy should be boosting the subindex to superior performance. Friday’s smashed expectations of 1.2% with a...
With stock markets on track to close the best half year performance in 22 years, events during the coming week could be important enough to set the tone for the second half of the year. Perhaps the most significant: the G20 summit in Japan, which begins this Friday,...
The Bank of Japan, as expected, overnight it will hold monetary policy . This came after the ECB's statement last month that it has a lot of ammunition left in its arsenal, effectively putting negative interest rates back on the table. The U.S. Federal Reserve, too, was more...
With many observers expecting the Bank of Japan to make no immediate policy change at the close of its two-day meeting on , despite the U.S.-China trade war and a dovish outlook, prospects are fast increasing for the to strengthen versus the dollar. To clarify, most economists...
Stocks whipsawed by oppositional drivers Equities eke out weekly gains on low volume; yields retest June low Oil traders projecting gloomy economic outlook Two oppositional drivers—trade tensions and mounting speculation of an upcoming Fed —have been whipsawing stocks, though ultimately equities ended the week slightly higher on a weekly basis. Small...
Move over, corn. There’s another grain that’s quickly finding favor with investors now, though with not as much fanfare: wheat. Droughts in Ukraine and Spain, torrential downpour in France and more rains in the U.S. Great Plains have combined to slash the global output of wheat, the raw material...
Netflix (NASDAQ:) is up 37% YTD, significantly more than the ’s less than 20% gain. And though the video streaming giant performed only slightly better than the rest of its FAANG cohort — Facebook Inc (NASDAQ:) +34%, Apple (NASDAQ:) +25%, Amazon (NASDAQ:) +26%, with the exception of Google...
Nothing beats the exhilaration of being on the right side of a market. Even better, when the momentum seems totally on your side, prompting you to disregard all caution signs in the way. But regardless of the run you’re having, there’s one sign you should never ignore: the...
The strongest gusts in today’s market headwinds are coming from U.S. President Donald Trump’s plan to hit Mexico with tariffs, after he said that country's efforts to mitigate the flow of undocumented migrants and illegal drugs were “not nearly enough.” Markets eased on reports yesterday that the Republican mutiny...
All four main U.S. indices top out in the medium-term Trump escalates trade wars, targeting Mexico as well as India VIX has its highest close since January It looks like the first full monthly equity decline of the year, which occurred in May, could extend as June trading begins. U.S. major...