Financial Markets Blog

Friday is job day, when the unemployment number gets printed. A tick down in unemployment should give investors more of a reason to buy some stock tomorrow. Economists expect the US Economy to add 200,000 jobs. Let’s see what happens tomorrow!

The bond market is in a weird place this year. Risk-off behavior in financial markets has been all out of whack this year. Typically, when equity prices fall, yields fall due to investors fleeing to safer assets, such as bonds. The price and yield of a bond have an inverse relationship. Despite drawdowns in equity…

Markets took a breather this week after coming off strong gains the previous week. The Dow (DJI) was the only major index that eked out a small gain of 0.12% while the S&P 500 (SPX), NASDAQ 100 (NDX), and the IWM – which is an Exchange Traded Fund(ETF) that tracks the Russell 2000 small cap…

The S&P 500 shot up after the 8:30am Producer Prices Index Report coming in less than expected. The report came in at 0.2% vs. 0.4% expected, welcoming risk off behavior due to peak inflation. The gains after the report held steadily above 1% until a report from the Associated Press (AP) came out revealing Poland…

Let’s go back in time. It’s November 2021 and markets are roaring, especially crypto markets, due to rock bottom interest rates thanks to the Federal Reserve. Cryptocurrencies were the talk of the town with some coins, like Dogecoin, exploding in value. Sports athletes, celebrities, and governments began advocating and even adopting cryptocurrencies as a means…