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Equities Trade Higher, While Yields Continue to Fall

March 04, 2020
Overview:  The G7 delivered up a nothing burger than was shortly followed by a 50 bp Fed cut.  The equity market seemed to enjoy it briefly and extended Monday's dramatic gains, before falling out of bed.  The S&P 500 lost about 2.2%, while the Dow Industrial slumped 3%, but shortly after the markets closed, equities began recovering, and …
Equities Trade Higher, While Yields Continue to Fall Equities Trade Higher, While Yields Continue to Fall Reviewed by Marc Chandler on March 04, 2020 Rating: 5
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Multilateralism has been Fractured: G7 may act in Concert, but Little Scope for Coordination Multilateralism has been Fractured: G7 may act in Concert, but Little Scope for Coordination Reviewed by Marc Chandler on March 03, 2020 Rating: 5
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Central Banks' Words of Assurance have Short Life

March 02, 2020
Overview: Comments beginning with Powell before the weekend, and BOJ and BOE earlier today promising support have saw equity markets briefly stabilize after last week's dramatic moves. The G7 will hold a teleconference this week, but speculation of a coordinated rate move does not seem particularly likely. Most of the large stock markets in th…
Central Banks' Words of Assurance have Short Life Central Banks' Words of Assurance have Short Life Reviewed by Marc Chandler on March 02, 2020 Rating: 5
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March Monthly

March 01, 2020
The new coronavirus that originated in China, apparently first detected in December, emerged on the world's stage in January and continues to dominate the investment climate. There are two critical questions for investors and businesses whose answers will likely be clearer in the first part of March.  First, will Covid-19 be contained for the …
March Monthly March Monthly Reviewed by Marc Chandler on March 01, 2020 Rating: 5
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Did the Panic Market Adjustment Reach a Climax?

March 01, 2020
Before the weekend, the S&P 500 closed above its opening level for the first time in seven sessions.  It did not close the opening gap, but rallied strongly into the close, encouraged by hints from somber Federal Reserve Chairman Powell that a rate cut is likely.  Powell has been criticized for striking wrong chords in press conferences and st…
Did the Panic Market Adjustment Reach a Climax? Did the Panic Market Adjustment Reach a Climax?  Reviewed by Marc Chandler on March 01, 2020 Rating: 5
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