Weekly Market Update

Market Action The Dow Jones Industrial Average dropped 200 points on Friday morning after US President Trump announced $50 tarifs on $50 billion worth of Chinese imports. China’s Ministry of Commerce has said it will respond in “equal scale and equal strength.” Later...

Weekly Market Update

Market Action The stock market gave back 25% of last week’s gains as investors watched US-China trade tensions. Both the Dow and S&P 500 fell 0.5% and the Nasdaq lost 0.7%, while the Russell 2000 gained 1.2%. Treasury yields retreated from multi-year highs...

Weekly Market Update

Market Action Argentina’s central bank shocked markets by raising interest rates to 40 percent on Friday. The peso moved nearly 5 percent higher to 21.17 against the dollar, but remains down 15 percent so far this year. Argentina’s treasury minister said the treasury...

CROSSROADS

Important issues to watch around the globe: United States – North Korea summit Arguably the most important geopolitical news of this month is the possibility of a summit between the US and North Korea. North Korean leader Kim Jong Un has announced that he will...