US STOCKS-Wall Street bogged down by weak manufacturing data, trade worries

“Sentiment was already poor to start the day and then the weaker-than-expected manufacturing data just added fuel to the fire,” said Dave Mazza, managing director and head of product at asset management firm Direxion in New York. “We now have confirmation that the escalation in the trade war has spilled over to U.S. manufacturing justContinue reading “US STOCKS-Wall Street bogged down by weak manufacturing data, trade worries”

Trumps Trade War With China Has Sucked; Trumps Twitter Fury Unleashed

What started as a slightly green early morning for futures ended in a disastrous week for United States financial markets. Currently the S&P 500 has experienced a fall of over -178 points or a -5.68% drop in a month with the weekly fairing a loss of -2.5% it’s clear the market is uneasy. Now letsContinue reading “Trumps Trade War With China Has Sucked; Trumps Twitter Fury Unleashed”

JPMorgan Strategists Plan Call With Clients on Volatility

(Bloomberg) — JPMorgan Chase & Co. plans to host a conference call on Tuesday to help clients make sense of markets after a week of wild swings for stocks and bonds.“In the wake of a rather violent decline in yields, inversion of the curve, and volatility in equity markets, we consider the role of poorContinue reading “JPMorgan Strategists Plan Call With Clients on Volatility”