Ciao, Seemed like a long week… US equities finished higher on Thursday with the S&P 500 posting its biggest one-day percentage gain since 18-Dec. Despite the magnitude of the move, there did not seem to be any meaningful drivers behind today’s price action. While monetary policy grabbed a lot of headlines today, commentary from both […]

Bonjour, US equities finished lower on Wednesday. Activity in emerging markets was relatively quiet. Two regional Fed officials voiced their support for a continuation in QE tapering, while US economic data was largely uneventful. Additional near-term direction for both tapering and recovery momentum expectations is expected to come Friday’s release of January nonfarm payrolls. Materials, […]

Bonjour, Economic data released this morning and over the weekend provided a dimmed sentiment in Asia this morning. China’s official PMI data came out over the weekend and weighed on the whole region; the data came in at 50.5, weaker than last month’s and fueling concerns of an economic slowdown in China. China, Hong Kong, […]

Bonjour, US equities rebounded Thursday, with the S&P 500 closing higher for just the second time in the last six sessions. Calmness seemed to be restored early this morning with US stock index futures trading higher before the open as yesterday’s Fed’s minutes were digested and EM concerns waned. Little attention was paid to the […]

If you feel like it, you can give via PayPal to this association I run: http://www.zumarika.com Bonjour, US equities declined Wednesday in choppy trading as markets focused on renewed emerging market jitters and the Fed. Equities opened sharply lower as emerging market concerns returned to the fore, despite the fact there did not seem to […]

Bonjour, US markets bounced on Tuesday as calm appeared to be restored to global markets. The S&P 500 closed higher for the first time in four sessions. Despite weak US durable goods data and a sharp pullback in Apple, US equities seemed to be underpinned by signs of stabilization in emerging markets. Some better takeaways […]

Bonjour, The major US indices finished lower on Monday, but well off their midday lows. There was no clear, immediate catalyst for the move. Follow through on last week’s decline was frequently blamed for early weakness and concerns about emerging markets remain. CAT +5.9% was one of the few bright spots today after reporting better […]