Equity markets started the week down two-to-three percent then rallied back Tuesday, Wednesday, and Thursday but still ended the week in the red. The Dow lost 0.7%, the Nasdaq fell 1.3%, and the Russell 2000 lost 2.4%. On Monday China increased the tariff rate on $60 billion of U.S. imports…

Volatility spiked as U.S. – China trade talks ended without a deal in sight. The S&P closed down 2.1% this week but had been down as much as 3.75% Friday morning. After positive sounding remarks from Treasury Secretary Mnuchin equity markets staged a mid-day comeback to close positive on Friday but…

The S&P and Nasdaq both closed this week at new all-time highs while the Dow is still 320 points off its October high. Equity markets sold off mid-week after Fed chair Powell signaled that they would not be lowering rates. He attributed the recent weakening of the PCE index (the Feds preferred…