In September, U.S. stocks rose for a seventh month this year, which was driven by improving investor sentiment on the heels of yet another Fed rate cut. As many market observers expected, the Fed cut interest rates by another quarter point on September 18th. Given the trickle of weakening economic data being released, we believe […]
Yearly Archives: 2019
In August, U.S. stocks posted their second monthly decline of 2019 with major averages down approximately 2%. The volatility in August was primarily driven by the trade war with China spiraling into a tit-for-tat exchange. Following President Trump’s August 1st announcement of additional tariffs on Chinese goods, the Chinese countered with a fresh round of […]
U.S. stocks notched their sixth monthly gain for the year in July. Better than expected corporate earnings from many companies helped to push markets to record highs during the month. Additionally, the expectation of an interest rate cut by the Federal Reserve materialized on July 31st with Fed Chairman Jerome Powell announcing a 0.25% interest […]
In June, U.S. stocks posted their best performance of the year and their best June performance in decades. Early in the month, U.S. Federal Reserve Chair Jerome Powell hinted that the Fed is considering rate cuts in the face of stubborn inflation figures. This was by far the largest positive factor driving stocks during the […]
U.S. stocks fell sharply in May, which was primarily driven by an unexpected reversal in the trade talks with China. After markets closed on Friday May 10th, President Trump announced that he would be increasing tariffs on certain Chinese goods to as much as 25%. With the belief that a trade deal was imminent, this […]
U.S. stocks rose for a fourth straight month this year to hit a record high in April. The upside in stocks over the past month was driven by a variety of factors. For one, corporate earnings came in stronger than expected, which further dispelled fears of an imminent recession. Also, a trade deal with China […]
U.S. stocks continued their run higher during March to cap off the best quarterly performance for equities in the last decade. While economic data continues to be mixed, U.S. consumer sentiment showed significant improvement in March. Consumer spending comprises almost 70% of the U.S. economy and therefore is crucial to sustained economic growth. We continue […]
By Barbara Friedberg Short selling is a strategy where an investor borrows shares of stock or other asset from a stock broker that is expected to drop in price. Then, after the decline, the investor buys the shares at the lower price and pockets the profit, after expenses. Typically, it’s a strategy for sophisticated investors. […]
U.S. stocks continued to rally in February following the strong gains in January. As corporate earnings reports rolled in throughout the month, they were not nearly as bad as many had predicted. While the U.S. economy does appear to be cooling off, there is no imminent risk of a of recession as many market watchers […]
U.S. stocks jumped sharply in January after hitting a 12-month low on December 24th. Fears of an imminent recession and protracted trade war with China were severely overblown and this pullback in equity markets provided a unique buying opportunity. Corporate earnings reports in January were also not nearly as bad as many had predicted. While […]
By Joshua Franklin, Aparajita Saxena “Slack’s direct listing is an inherently less expensive way of going public, but what it really comes down to is speed,” said Daniel Lugasi, a portfolio manager at Florida-based VL Capital Management. Venture capital firms that have invested in Slack are “looking for an exit and with the rapid growth […]