Newmark's Door
Political Calculations
Crackerjack Investing | Charts, Musings, and Financial Market Humor
Description: Crackerjack Finance, finance blog, economics, stock market
In an unseemly signing ceremony, with a plethora of US CEOs and government officials, 3-4 dignitaries from China, and much bravado from President Trump, the Phase One US-China trade deal was signed and presented to the world. Markets cheered. Aside from the spectacle of it all, there is some cause for short-term optimism over a…
What an incredible 2019 for markets. The S&P rallied 28% and the NASDAQ 35% (give or take based on final 12/31 closing levels). 2019 returns are somewhat inflated from the low base of December 2018, when the market tanked on hawkish fed fears and the acceleration of the Trade War. Notwithstanding, 2019 was a banner…
In spectacular fashion, over the past few weeks, stark reminders emerged on how fast confidence unravels in the midst of a slowdown, particularly so, when the slowdown is doused with policy response errors. A conflux of negatives compounded to send US financial markets into bear market territory, ultimately, calling into question the economic expansion since…
Newmark's Door
Political Calculations
Crackerjack Investing | Charts, Musings, and Financial Market Humor