From the Newday Desk — August 8, 2022

From the Newday Desk — August 8, 2022

Quick Recap The S&P 500 closed at 4,145, recovering from a drop after the strong jobs number. The market gained for the week. A strong jobs numbers cast doubt on recession and stagflation fears. However, the reading increases hawkish pressure on the Federal...
From the Newday Desk — August 8, 2022

From the Newday Desk – August 1, 2022

Quick Recap The S&P 500 closed at 4,130.29 last week with nearly $8 trillion in Big Tech companies reporting earnings, which were largely positive vs. consensus expectations. The VIX fell once again, this time to $21.42. The S&P has climbed more than 11% from...
From the Newday Desk — August 8, 2022

From the Newday Desk — July 25, 2022

Quick Recap Markets had a strong week but gave up momentum going into last Friday after Snap’s earnings miss led to fears about other large-cap names that derive digital advertising revenue.  Defensives showed strength with the S&P 500 closing at 3,961.63. The VIX...

Newday Q2 2022 Global Equity Outlook Commentary

“Economic headwinds are increasing; inflation remains problematically elevated and financial conditions are tightening. Asset prices have experienced a sharp decline in the face of rapidly rising interest rates, slowing global growth and greater uncertainty in the...

Scotsman’s Latest Market Thoughts — July 7, 2022

UK: JOHNSON RESIGNS – WHAT HAPPENS NOW? Populist Prime Minister (PM) Boris Johnson has finally realised that the music has stopped. On the steps of 10 Downing Street this morning, Johnson announced that he would resign as PM and leader of the Conservative Party....