Global markets got hit hard today with investors refocusing on the Ukraine war, a global energy shock and the risk asthe Fed tries to fight the supply-driven inflation. “I’ve been in the markets for 25 years and I’ve never seen anything like this,” said Danielle DiMartino Booth, CEO and chief strategist for Quill Intelligence, a […]
US stocks ended sharply higher Thursday, led by technology shares as markets continued a comeback from steep losses earlier this week. This gain was in spite of the news that the US economy unexpectedly contracted at the start of 2022 for the first time in nearly two years as lingering supply chain imbalances, inflationary pressures, […]
Another rough day for stock markets globally. Most markets opened lower and after making a few feeble efforts to rally, they could not gain any traction. Lots of headwinds for the markets: inflation, central banks aggressively raising rates, Covid lockdowns in China, and the fear of escalation in the Russian-Ukraine war. Most of these markets […]
(AP News)…Elon Musk reached an agreement to buy Twitter for roughly $44 billion on Monday, promising a more lenient touch to policing content on the social media platform where he — the world’s richest person — promotes his interests, attacks critics and opines on a wide range of issues to more than 83 million followers. […]
Based on seasonality, most North American markets are in a strong period. Here we see the chart for the S&P 500, which is strong through to early May. The Toronto and Nasdaq charts look very similar. Gold is also in a very strong seasonal period, from mid-March right through to early June. The real returns […]
The market opened strong, but couldn’t hold the intraday gains. The S&P 500 continued to trade with lower highs and lower lows, and has now fallen through both the 50-DMA (red wavy line) and the 200-DMA (blue wavy line). The inflation numbers were the main problem for the markets, as US inflation came out at […]
Global stock markets fell on Monday, pulled lower by technology shares in Europe and on Wall Street, as US Treasury yields jumped ahead of inflation data that could prompt the Federal Reserve to tighten policy enough to slow a rebounding economy. The S&P 500 was down again Monday, losing 1.59%. The key here is that […]
‘Similar to how the internet changed how we do business, decentralized finance and tokenization will change how we will be buy and sell assets.’ – Martin Straith The Trend Letter’s Martin Straith was a guest on Mike Campbell’s Money Talks podcast where he explains in simple terms how tokenization guarantees verification of ownership, and authenticity […]
It’s fairly new and it will be a game changer for some, but how much do you know about the Metaverse, and why is it important, as an investor, to know something about it? To start, we can describe what it is: Metaverse – a collective virtual open space, created by the convergence of virtually […]
Bond yields keep rising (bonds dropping), as the yield on the 10-year Treasury spiked to 2.72% today. The 10-year yield is now up 130% since November. When bond yields rise, so do mortgage rates. The US 30-year mortgage is now just under 5%, the highest rate since later 2018. One of the ‘events’ that is […]