Monthly Archives: June 2018

Resilient. Week 3

Last Week: Once upon a time, a long time ago, in February and March, the market declined, and volatility spiked over concerns of a trade war and tightening monetary policy. Last week Investors (traders?) displayed tremendous resilience to those concerns. On the heels of the previous weekend’s disastrous G-7 summit, which threatened the NAFTA talks, on Friday the U.S. imposed tariffs on $50 billion of goods from China, which immediately said [...]

2018-06-18T09:19:58+00:00 June 18th, 2018|

Resilient. Week 2

Last Week: Once again, the market proved resilient, with the S&P 500 gaining 1.6%, despite numerous troubling global headlines.  Most of the unsettling news relates to trade issues, which clearly could become significant impediments to the global economy if the proposed tariffs become reality. The market seems to be viewing the slew of trade policy tweets as negotiating ploys or bluffs, rather than actual policy statements. I hope that proves to [...]

2018-06-11T10:10:25+00:00 June 11th, 2018|

Resilient

Last Week: Definition of Resilient from Merriam-Webster: a: capable of withstanding shock without permanent deformation or rupture. b: tending to recover from or adjust easily to misfortune or change. I’m not so sure about “misfortune”, but there has certainly been and endless flow of “shock” and “change” in the world, and like the Energizer bunny, the S&P 500 keeps on ticking. Or was it Timex, that takes a licking and keeps [...]

2018-06-04T08:30:08+00:00 June 4th, 2018|