Posts Tagged ‘Global Markets’
Nasdaq Tumbles Into Red, Erases Vaccine Spike As ‘Memo Meltdown’ Continues
All major US equity indices spiked in the early hours overnight on the back of optimistic vaccine headlines from Russia. However, while Russell 2000 futures are holding gains up over 1%, Nasdaq has tumbled into the red as the last few days trend of momo/growth vs value rotation appears to be accelerating… As a reminder, the…
Global Markets Hit All-Time High As Traders Brace For “Phase Two” Optimism
This is where we stand as we enter Monday morning: European markets are firmer this morning, though the FTSE 100 significantly outperforms on a second-wave of UK election optimism. China State Council stated it will continue to suspend additional tariffs on US vehicles and auto parts due to the Phase One deal. China sources cited…
Is Zoltan’s Market Doomsday Imminent? Here Are The Two Things To Watch
In the movie The Outlaw Josey Wales, one of the more famous quotes is, “Don’t piss down my back and tell me it’s raining.” We do not accept the rationale the Fed is using to justify the reintroduction of QE and the latest surge in their balance sheet. Although we do not know why the Fed has…
US Futures Surge, Global Markets Rise Amid Lull In Bad News
Second Corinthians 9:6 says, “Remember this: whoever sows sparingly will reap sparingly, and whoever sows generously will reap generously.” The context is actually speaking about investing in our relationship with God, but it demonstrates how one must often sacrifice now to gain in the future. Similarly, Proverbs 3:9-10says, “Honor the Lord with your wealth, with the first…