My “best-estimate” scenario for the U.S. stock market for the next 60 days
Let's start with a perhaps less obvious question: Why 60 days? Because that will take us through the historically volatile months of September and October (when fear can beget fear) to the middle of November, which historically tends to mark a turn in the markets...
Tech stocks lead market higher on Apple effect
Apple (AAPL) shares are up strongly today--ahed 2.35% as of 2:30 p.m. New York time--in anticipation of the company's big product launch event tomorrow September 12. And Apple has taken the rest of the technology sector with it--helped by a bounce from the recent sell...
What if China actually welcomes the Trump administration’s tariffs?
China trade hardliners in the Trump administration, such as advisor Peter Navarro, have predicated their tariff campaign against China on the theory that hiking tariffs on more than $500 billion in Chinese exports to the United States (as proposed at the moment) will...
Good August jobs number cements Federal Reserve interest rate increase in September (and probably December)
The U.S. economy added a net 201,000 jobs in August. That was above the projection of 187,000 from economists surveyed by Briefing.com. Government statisticians revised the July job gains to 170,000 from 153,000. The official unemployment rate remained at 3.9%. So why...
Ominous weakening today, September 6, below the surface in U.S. stocks
I know it looks like nothing much happened in the U.S. stock market today, Thursday, September 6. After all the Standard & Poor's 500 stock index was off just 0.37% and the Dow Jones Industrial Average was actually head by 0.08%. But below the surface, there was...Will today’s profit-taking turn into something worse?
I think today's market downturn is nothing more or less than profit taking. It's not surprising that investors and traders would sell Amazon (AMZN), for example, today (down 2.19%) since the shares were up 11.6% for the past 30 days as of September 4. The entire...
Is Spain most exposed developed market to emerging market woes?
In the Greek debt crisis it was relatively easy to track the exposure of national financial markets and banks to the crisis. The big issue was what non-Greek banks had bought the biggest share of Greek government bonds. In the current emerging market crisis, it's...
Trick or trend: For September it’s deja vu all over again
Our regular (or occasional or perhaps occasionally regular) Friday series ( actually running on Saturday this week) Trick or Trend looks at what might (or might not) be emerging investible trends. Exclusively on JAM. This post won't run anywhere else. Ever. Global...
Emerging market crisis pulls in India, Indonesia
The bad news is that the emerging market crisis that has sent financial markets plummeting in Argentina, Turkey, and Brazil has added India and Indonesia to its list of victims. The good news is that the inclusion of India and Indonesia is exactly what analysts and...
It’s back–the emerging market crisis that shook global markets just two weeks ago
Remember that emerging market crisis that whacked 10% out of the iShares MSCI Emerging Markets ETF (EEM) between July 31 and August 15--and even produced some anxiety in U.S. markets as the Standard & Poor's 500 fell 2.1% from August 7 through August 15? Well,...
U.S. markets shrug at tariff worries but Asia slumps
U.S. markets shrugged off worries about a more serious U.S.-China tariff war after the Trump administration said it would push ahead with plans to impose 25% tariffs on an additional $200 billion in Chinese imports. That rate is up from an earlier proposal for a 10%...Jim’s Stock Alerts
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