Recovering Lost Ground

Ulli Market Commentary Contact

[Chart courtesy of MarketWatch.com] Moving the markets Today was reversal day, as the trade soap opera story was changed again based on an unsourced rumor that a phase-1 deal was still in the works. Even though nothing of substance was offered, it was enough hope for the computer algos to shift in reverse and pull the markets out of the …

Torpedoing The Markets: Stocks And Bond Yields Tumble

Ulli Market Commentary Contact

[Chart courtesy of MarketWatch.com] Moving the markets As I pondered yesterday, the While House indeed fired the next salvo about the trade talks, but it was not what the markets expected. Stocks got hit hard when Trump announced that the idea of holding off on a US-China trade deal until after the 2020 election was appealing. This undermined confidence and …