by Thomas Thornton | Mar 24, 2019 | The Week Ahead
Key Events and Focus There aren’t too many major macro events on the calendar this week although US officials will be in China for another round of trade talks (March 28-29) and the ECB has its “Watchers” conf. on Wednesday 3/27 (at which several officials, including...
by Thomas Thornton | Mar 22, 2019 | First Call
TOP OVERNIGHT NEWS S&P futures down 0.5%, back near worst levels for the session, following a tech-led rally on Thursday. Asian markets mostly higher overnight, though upside was minimal. European markets weaker. Treasuries extending their recent rally with good...
by Thomas Thornton | Mar 21, 2019 | First Call
TOP OVERNIGHT NEWS S&P futures down 0.4%, near worst levels. after the major US equity indexes finished mostly lower in prior session. Treasuries mostly stronger after a big bullish steepening move on Wednesday. Dollar extending recent pullback vs yen, but seeing...
by Thomas Thornton | Mar 21, 2019 | Daily Note
Three thoughts…1. The Fed’s pivot at at this point in the cycle with the markets not so far from all time highs is going to be looked at later down the road as the real policy mistake. Powell mentioned “Debt is growing faster than our economy” and this will be a lag...
by Thomas Thornton | Mar 20, 2019 | First Call
TOP OVERNIGHT NEWS S&P futures slightly lower after US equities finished little changed, but off their best levels, on Tuesday. Asian markets mixed overnight. Japan one of the better performers, while China ended little changed. European markets mostly weaker....
