Week 38 Talking Points

The week started with oil futures jumping, 15%, the most ever overnight, as investors tried to understand the impact of a targeted attack on two Saudi refineries. Tuesday, overnight lending market rates (repo market) spiked, indicating lending stress. This caused the fed to inject $75 billion into the financial system, not once, not…

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Week 36 Talking Points #25

Modest Job Growth Shows Economy Expanding, but Slowly Equites rallied for the second straight week, supported by developments in trade and politics and mildly encouraging economic data. The S&P 500 and Nasdaq both rose 1.8%, the Dow gained 1.5% The R2k was higher by 0.7% but trailed its large-cap peers….

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