John Hancock: Weekly Market Recap Week Ended March 22nd
Freaky Friday Stocks were having a mostly positive week until the market swiftly reversed course on Friday amid further signs of a global growth slowdown and an inversion in the U.S. Treasury bond yield curve. The major U.S. stock indexes dropped around 2%, as did indexes in France, the United Kingdom, and Germany. […]
Kevin Miller in studio with Bloomberg radio talking Bitcoin, Fed meeting, quantitative tightening, the dollar and stock picks
A Rising Tide Floats Many Boats Kevin Miller, CIO, E-Valuator Funds, joined Rishaad Salamat and Doug Krizner on Daybreak Asia. He says the Fed won’t lower rates until they discontinue unwinding the balance sheet. He goes on to say a trade agreement with China may even result in a rate hike before the end of […]
John Hancock: Weekly Market Recap Week Ended March 15th
Restrained inflation The latest monthly reading on U.S. inflation shows that prices remain stable—a trend that aligns with the U.S. Federal Reserve’s current neutral stance on interest-rate policy. The Consumer Price Index rose 1.5% in February on an annualized basis, the slowest pace since September 2016. Momentum regained After falling for five […]
John Hancock: Weekly Market Recap Week Ended March 8th
Early-year rally stalls Major stock indexes fell around 2%, sustaining their biggest losses since December, and the NASDAQ saw its 10-week winning streak snapped. While there were no big sell-offs, stocks fell for 5 days in a row heading into Saturday’s 10th anniversary of the bull market. Yield watch Prices of U.S. government debt […]
John Hancock: Weekly Market Recap Week Ended March 1st
A fine February Although the S&P 500’s February gain wasn’t nearly as big as January’s 7.9% surge, it was another strong month, as the index added nearly 3.0%. The S&P 500’s cumulative two-month gain of 11.1% was the fastest early-year start for the market since 1991, according to S&P Dow Jones Indices. Oil’s […]