Consumer Confidence Hits Four-Year Low as Markets Churn Amid Economic Uncertainty -Try the Sicilian Swordfish

Kenny PolcariUncategorized

Things you need to know. – Stocks ‘eke’ out small gains as we move into the month end. – Consumer Confidence isn’t so Confident. – ‘Liberation Day’, Earnings and Tax Day are upon us…. – UK slashes spending due to a ‘Budget Shortfall’ caused by Rising Borrowing Costs. – Try the Sicilian Swordfish. ***Markets are anxious, and that can make …

Gundlach’s Warns of Recession (he’s been doing it for 9 yrs), Markets Shrug: ‘Two Rate Cuts Walk Into a Trade War …

Kenny PolcariUncategorized

Things you need to know. – Stock rally – yeah – not so much. – Gundlach continues to call for a recession – 9 yrs now! – Oil up on Iran Sanctions and OPEC+ cuts? – Bonds flat, Gold churns. – Try the Caramelized Red Onions & Sun-Dried Tomato Cream Pasta ***Markets are anxious, and that can make you uncomfortable….Click …

JJ Plays Economic Twister: Tariffs? Transitory! Rate Cuts? Maybe! Markets? Hungover! – Try the Pork Chop Pizzaiola

Kenny PolcariUncategorized

Things you need to know. JJ says that tariffs impacts are ‘TRANSITORY.’ And then he says – he’s not sure! But he continues to hint at 2 rate cuts – maybe. He cuts economic growth and raises threats of inflation. Bonds rally; stocks rallied. Oil flat, gold steadies. Try the Pork Chop Pizzaiola. ***Markets are anxious, and that can make …

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Trader Talk – My Yahoo Finance Podcast – Why this strategist raised their recession odds

Kenny PolcariUncategorized

Trader Talk – My Yahoo Finance Podcast – Why this strategist raised their recession odds Wall Street vet Kenny Polcari, Chief Market Strategist for SlateStone Wealth, brings you expert advice and key market insights from the New York Stock Exchange. On this week’s Trader Talk, host Kenny Polcari stresses that emotional trading—chasing hot stocks or panic-selling at minor dips—is a …

Stocks Slammed Again, MAG 7 Tumbles, Housing Starts Surge, and Recession Fears Simmer Ahead of Fed Decision/Try th…

Kenny PolcariUncategorized

Things you need to know. – And the thrashing around continues…. Tech gets clobbered again! – Gold pushes further north – Up $35 – up 16% ytd. – Oil down – Russia/Ukraine ceasefire deal removes anxiety. – FOMC announcement is coming at 2 pm, presser at 2:30 pm. – Futures churning…..as mkts wait. – Try the Pasta Rotta alla Romana. …

Stocks Rally After Pullback, But V-Shaped Recovery Doubts Linger Even as Retail Sales Rebound/Try the Veal Osso Bu…

Kenny PolcariUncategorized

Things you need to know. – Stocks rallied for two days! Futures point a bit lower this morning. – While indexes are lower – some sectors remain strong. – Bonds Up, Oil up and Gold marches into a new century. – FED’s FOMC Meeting starts today, announcement tomorrow at 2 pm. – Try the Veal Osso Bucco ***Markets are anxious, …

Tariffs, Tensions, and Turnarounds: Markets Stumble as Trade Drama Unfolds, but Relief Rallies Loom/Try the Bison …

Kenny PolcariUncategorized

Things You Need To Know – Stocks continued to trade lower. – Canada threatens to cut electricity to the US, Trump raises tariffs to 50%. – JOLTS shows a robust job market. – Today is about the CPI, tomorrow the PPI. – Trumps says he sees NO recession – stocks jump. – Try the All-American Bison Burger ***Markets are anxious, …