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, …

From Animal Spirits to Irrational Restraint: Markets Tank as Trump & Bessent Stir Recession Fears – Try the Porcini …

Kenny PolcariUncategorized

Things you need to know – OUCH…. Stocks get hammered….. – Is the RECESSION upon us? Or is it a Period of Transition? – NASDAQ loses 4% – individual names even more. – Bonds up, gold up and oil down…. – Try the Porcini Rubbed Rib-Eye ***Markets are anxious, and that can make you uncomfortable….Click on the link https://slatestone.com/contact-us/ to …

Fed Steady, Markets Wobbly: Uncertainty Reigns Despite Friday Rebound – Try the Roasted Chicken Parts

Kenny PolcariUncategorized

Things you need to know – Markets stage a late day rally on Friday. – JJ say’s “It’s all good….’ Don’t worry. – NFP produces 151k new jobs, Unemployment ticks a bit higher. – Bonds down, oil down and Gold about to do ‘something’. – Futures are down, but it is early… – Try the Roasted Chicken parts. – ***Markets …

Markets Tumble into Correction Zone: What’s Next for Stocks, Jobs, and Your Portfolio?/Try the Potato & Eggs

Kenny PolcariUncategorized

Things you need to know. – Stock slide gets uglier…Nasdaq now in the ‘correction zone’. – Street strategists calling lower 2025 targets. – NFP report due out at 8:30…. will it disappoint? – Oil up and Gold Steady. – Try Potato & Eggs ***Markets are anxious, and that can make you uncomfortable….Click on the link https://slatestone.com/contact-us/ to send me a …