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Unsteady Trade Headlines Overshadow Hindsight Economic Data Points
Article By:
Seth Golden
Friday, May 24, 2019 12:20 PM EDT
Trade headlines and speculation continue to dominate the market trading regime as we wind down from Q1 2019 earnings season. While economic data has proven relatively strong, investor concerns about the future impacts from tariffs loom large.
Geo-Political Stress And A Bear Flag
Article By:
Keith Schneider
Sunday, May 19, 2019 5:26 PM EDT
US Equities got hit yet again, led by Grandpa Russell, (IWM) which tanked -2.4% on week. The trade war with China escalated, as did tensions with Iran which sent Oil (USO) up almost +2%. Stocks went into a nasty retreat on a global basis.
Just A Tweet Away
Article By:
Keith Schneider
Monday, May 13, 2019 3:00 AM EDT
US equities got hit hard, down -2.5% on average as the tariff war escalated. It sent stocks into a nasty retreat globally. China got hit the hardest down -6.55%; there wasn't a single Global Equity index that had a positive return this week.