March 18, 2019 | Daily JAM, Morning Briefing, Short Term |
Over the weekend the South China Morning News reported that the proposed meeting between President Donald Trump and President Xi Jinping to sign an agreement ending the U.S.-China trade war may now be pushed back to June. That meeting had originally been scheduled for...
December 9, 2018 | Daily JAM |
... a week of transition in the financial markets as the debacle of the post-Trump-Xi announcements moves further behind in the rear view mirror and the December 19 meeting of the Federal Reserve looms ever larger ahead. Last week, doubts that the Chinese had actually...
December 4, 2018 | Daily JAM, Mid Term, Volatility, You Might Have Missed |
It's hard to take a step back on a day when the Dow Jones Industrial average closed down more than 700 points (and 3.10%), but that's exactly what I'm going to suggest. The huge sell off was driven by three major factors in my opinion. First, the U.S. stock market...
December 2, 2018 | Daily JAM, Short Term |
Just about everything was up in the overnight market. Asian stocks climbed. So did the Australia dollar and the Chinese yuan. And, importantly for U.S. investors, the S&P 500 index futures gained 1.5% in overnight trading. Emerging market currencies were all...
December 2, 2018 | Daily JAM, Morning Briefing, You Might Have Missed |
The results are good enough. At their dinner meeting at the Group of 20 meeting in Buenos Aires U.S. President Donald Trump and Chinese President Xi Jinping made enough progress to take more of the risk of a U.S.-China trade war out of global financial markets. I...
November 18, 2018 | Daily JAM, Friday Trick or Trend |
Our regular (or occasional or perhaps occasionally regular) Friday series ( running on Sunday 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. The U.S. dollar has...