There was a trend in the first quarter that ended today–volatility
Ah, yes, volatility. The S&P 500 was down 12% for the year by mid-February. The index finished the quarter up 0.9% (as of 2:30 p.m. New York time today) after a 6.9% rally in March. Global stocks were up 7.1% in March but finished the quarter down 0.3%. Shanghai stocks rose 12% in March to cut the loss for the year to a mere 15%
Brazil’s impeachment rally is back on–Itau Unibanco up 2% as of noon today
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...Yellen speaks–and 1 is more than 3 today
At a speech in front of the Economic Club of New York today Federal Reserve Chair Janet Yellen pretty much quashed speculation that the Fed might raise interest rates at its April meeting. After such a strong reiteration of the Fed’s willingness to wait, the dollar fell, retreating 0.02% against the euro, and oil climbed
Sector Monday: Autoliv–another auto technology stock for the age of autonomous vehicles
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...The oil market has a Wile E. Coyote moment today
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...Dollar starts on upward trend but then breaks its streak
In the morning the U.S. dollar looked to be headed to a seventh day of gains, which would be the longest rally in the dollar since October. But while it finished up against the yen, it fell for the day against most major currencies
Saturday Night Quarterback says, For the week ahead expect…
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...Adding 2+2 from GDP and the Fed
This morning the Bureau of Economic Analysis reported a revised increase of 1.4% for fourth quarter GDP. The previous estimate had been 1%. Of course, the Fed knew this was coming
An end to the oil glut? From Russia? In 2017?
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...Comes a deluge of data in early April
In the first weeks of April investors and traders will get new data on jobs (April 1) and on the manufacturing and service sectors. After that we’ll get the start of earnings season and reports on retail sales