The United States continued to generate positive though generally mediocre economic headlines in August with the most important being a substantial upward revision in Q2 GDP from 2.3% to 3.7%. All components improved, from government spending to business investment to household consumption. However, a wobbly stock market fell into retrenchment…
It’s been a wild ride the last couple of days in the Indices, with the S&P 500 futures contract down a little more than 13% from the highs (2126.25 set back in May 2015). However, the majority of the losses came in the last 5 days, seeing the S&P lose…
Again the US stood by quietly next to Europe given the relative lack of news in the States versus EU. The US (apart from Puerto Rico) is quietly moving ahead economically, not too fast and not too slow. Jobless claims are low and the GDP figures are good enough to…
Any time a specific sector experiences a large rally or sell-off within a matter of weeks, it’s interesting to see how commodity trading advisor’s respond to the moves. In June 2015, there was a big rally in grain markets (corn, soybeans, and wheat) caused by large amounts of rainfall throughout…