In this recap, we find that U.S. stock markets had their worst drop of the year on Wednesday, with the Dow dropping 800 points or 3%. The U.S. trade war with China has been a central concern in recent days, but the U.S. Treasury yield inversion between the 2- & 10-year notes, had greatly raised the fears of a recession among investors. World stocks were rising Friday morning as expectations grew of further stimulus by central banks, offsetting worries about slowing global […]
Recap August 11: Stock Lose $1 Trillion – Gold Outperforms Stocks in 2019 (Recap Ep031)
In this recap, we find that rising trade tensions between the United States & China pushed U.S. stocks to their worst week of 2019. Both the S&P & the Nasdaq have now erased their steep losses from Monday, the Dow still down on the week. Mid-week the German 10-year yield hit a record low -0.60% yield. French 10-year yields slid to -0.35%, the Netherlands to -0.50%, & Switzerland to -1.00%. The Japanese 10-year yield was down to -0.20%. There is now the […]
Recap August 4: Class Action Lawsuit Forex Manipulation – Interest Rate Drop (Recap Ep030)
In this recap we find that the Dow & S&P 500 had their biggest daily percentage drops since May 31 on Wednesday, after the U.S. Federal Reserve cut interest rates for the 1st time since 2008, but remarks by Fed Chair Jerome Powell dampened expectations for further rates cuts going forward. With the Trump announcement of new tariffs on Chinese imports U.S. oil prices plunged over 7% to settle below $55.00 a barrel. In a further blow to the global trade technology […]
Recap June 28: Stock Trading at Record Highs – Brexit & Warships (Recap Ep029)
In this recap we find that despite news that there will be a U.S. Department of Justice investigation into American high technology firms on grounds of antitrust grounds, the U.S. stock indices NASDAQ & the S&P 500 reached new all-times highs at the market close on Wednesday at 8321.50 & 3019.56 respectively. June 23rd, Boris Johnson, the U.K.’s former foreign secretary & a strong proponent of Brexit, will replace Theresa May as Prime Minister after winning the Conservative Party’s leadership contest. The […]
Recap July 21: Stock Market Record Highs – Silver explodes (Recap Ep028)
U.S. stocks from the 3 major benchmark indexes, the Dow, S&P 500 & the Nasdaq, once again closed Monday at a fresh all-time high, surpassing records set on Friday, as the corporate earnings season begins & investors consider new economic data from China. Facebook says Libra will be a stable, universally accepted crypto-currency that will make sending money online far easier helping promote financial inclusion. U.S. oil prices tumbled Tuesday after U.S. Secretary of State Pompeo hinted at thawing tensions between the […]
Stocks Trading at Record Highs Again – Havoc in Oil Market (Recap Ep027)
Investors in the U.S. made the most money in a week reaching the highest ammount since 2014, the record was 25.1 billion dollars. U.S. stocks have gone up 10 trillion dollars since president Donald Trump was elected in 2016. Also, the president of the central bank of the U.S. said that Libra should not continue working due to security reasons and to prevent money laundering. One of the stock exchanges in Japan lost 32 million dollar from its clients due to a […]
Recap July 7: Stocks Trading at Record Highs – Trade Truce (Recap Ep026)
On this week’s Recap we talk about the truce in de trade war between the United States and China. The stocks went up to its highest historical level. Also, with the companies in NASDAQ going down it starts to look like the economy is not going as well as they say it is. The G20 reunion boosted the market during this week, but even though everything seemed to get better between the United States and China, the talks between the European Union […]
Stocks have record June – Gold & Silver Explode (Recap Ep025)
This week on tuesday the Dow and the S&P 500 had their worst day. And in the international markets, the Swiss government forbid the EU access to Switzerland’s stock exchanges. There is a lot of expectative around the results of the G20 summit and the negotiations between the US and China. Bitcoin ends this week with good news reaching 11.000, which means it triplicated its price this year. Oil in the US went up. Gold and silver went up due to the […]
Recap Jun 23: Stocks Hit Record Highs – Gold & Silver explode (Recap Ep024)
On monday the market went up and continued along the week. The S&P 500 closed with a historic high, and the Dow reached record high throughout the day. One of the most relevant news of the week has to do with Mario Draghi, who is the president of the European Central Bank; It started the easiest monetary policy where they devaluate the currency through interests and buy their own debt and assets. Gold went up 6% in the last 30 days, this […]
Facebook Crypto gets investors – Oil Tanker Attacks (like we predicted) (Recap Ep023)
This week we talk about the backing that Facebook is getting for the launch of it’s new cryptocurrency, it’s been backed by 12 firms including Visa, MasterCard, PayPal and Uber, they’re gonna be investing nearly 10 million dollars each in a consortium that’s gonna allow them to govern the digital coin. We also talk about the protest that have been going on in Hong Kong due to a new extradition law that China wants to pass. In case you didn’t know, When […]