US equities managed to recover from fairly steep early losses to close mixed Thursday, as investors suffered through another session defined by what still seem
Day: October 15, 2020
Mitch’s Message
“What I’ll put on the floor is a half a trillion dollars – that’s a lot of money – half-a-trillion dollar program to target the
The Best-Laid Plans Of Traders And Pollsters
Escalating rhetoric from Donald Trump and lingering suspicions that, after 2016, the polls can’t be trusted, are keeping market participants on edge. Although the president’s
Jobless Claims Rise As Stimulus Talks Crash, Burn
898,000 Americans filed for unemployment benefits last week, more than the 825,000 economists expected. It marked the first rise in three weeks and came on
Nomura’s McElligott: ‘You Cannot Overstate The Gamma Impact Of Single-Name, Mega-Cap Tech Options’
The flagging fiscal stimulus push in the US and escalating virus lockdowns in Europe are a “double-whammy” for the reflationary impulse inspired recently by rising
Morgan Stanley Joins Goldman, Posts Robust Trading Results. But Bank Stocks Don’t Care
Morgan Stanley rounded out a mixed week of big bank earnings Thursday with a set of what looked to be solid results. Although Morgan’s traders
A World Of Problems
Global risk sentiment deteriorated markedly on Thursday as virus fears, waning odds of a pre-election US stimulus deal, Brexit brinksmanship, and losses in Hong Kong
