We are all experiencing unprecedented change in the way we live our lives and conduct even the simplest business transactions in this age of pandemic. Daily activities have been curtailed significantly, travel is non-existent, and visiting loved ones is put on hold. Our homes have literally become the true center of our universe where we work, play, relax and heal. …
“Whatever it Takes” Try the Linguine Puttanesca
Things you need to know: JP tells it like it is and promises unending support – market liked it and now it hates it. Stocks sold off on Wednesday – sending global markets into a tailspin All the negativity re-accelerates the whole virus resurgence story – of course it does Oil and all those highflyers – airlines, cruise ships, and …
Stocks Take a Break Ahead of the Fed/ Try the Country Roasted Chicken
Things you need to know: It’s FED day –Slow down you crazy child – You’re so ambitious for a juvenile… Global markets on pause as the world awaits OECD makes a bold prediction and it ain’t pretty Oil under a bit of pressure as US inventories build – blah, blah, blah… Try the Roasted Country Chicken So stocks did exactly …
There is No Alternative/Try the Veal Cacciatore
Things you need to know: Stocks pause – World Bank sees a 5.2% decline in global economy for 2020 The eco data remains weak yet there is no alternative (TINA) S&P goes positive on the year – but may go negative by end of day today Value or Growth? Or is it just a money play as algos scan for …
A Stunning Reversal – Try the Swordfish
Things you need to know: Asian markets end higher/ European markets trading lower this morning US futures are up – as the excitement continues El-Erian – One of the guys stoking the fears of collapse is now suddenly justifying why the market is up…think FED…blah, blah, blah… Oil pierces $40 as OPEC+ extends production cuts through July Try the Grilled …
Say it again, Stan!, Try The Stuffed Zucchini Flowers
Things you need to know: ECB adds more stimulus to their program sending markets surging even as eco data is weak The clock ticks towards 8:30 when we get the monthly NFP report – Money moves out of some of the outperformers into the underperformers as investors bet on the recovery Airline stocks on FIRE… Oil pierces resistance as it …
The Explosion Continues…Try the Drunken Spaghetti
Things you need to know: Global markets taking a breather ECB set to announce more stimulus Markets remain cautious on the re-opening Infection rates bouncing around but mostly in line with expectations Try the Drunken Spaghetti And the explosion continues… ADP employment report showing only 2.7 mil job losses in the last month and while that sounds ridiculous to say …
FOMO is Driving the Market- try the Summer Risotto
Things you need to know: FOMO continues to drive stocks higher The big boys that tried to talk the market lower are saying what now? Goldman reverses course and goes ‘cautiously bullish’ (top is in?) Oil – pierces resistance and surges before retreating as it readies to surge again Try the Summer Risotto FOMO – Fear of Missing Out – …
Stocks Discounted the Negative News/ Try the Pasta Fresca
Things you need to know: Global markets focused on a re-awakening and not geo-political issues US continues to confront angry protests (although slowing) while peaceful protests garner more support allowing Americans to come together and work to solve this crisis CNBC is hosting a Veterans’ Investing event Oil – about to kiss $38/barrel – up 11% since last week – …
Headline Risk is Always an Issue
Things you need to know: May marks the second straight month of gains – Investors shift to value names China reports better macro data – causing markets to rise Europe and US focus on re-opening Civil unrest over police brutality causes US cities to come under fire Try the Linguine Arrabiata Stocks ended the month on another high note – …
