by Andy Quirk | Jun 16, 2018 | Uncategorized, 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...
by Andy Quirk | May 31, 2018 | Crossroads, Uncategorized
Here are some critical issues to watch around the globe over the coming month: Highlights: European markets are shaken by political uncertainty in Italy and Spain, increasing fears over the future of the Eurozone and possibly the EU. The Turkish Central Bank...
by Andy Quirk | May 19, 2018 | Uncategorized, 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...
by Andy Quirk | May 5, 2018 | Uncategorized, 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...
by Andy Quirk | Apr 26, 2018 | 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...