Cardillo’s Corner

January 7, 2019

Wall St. rebounds on robust jobs report, dovish Powell remarks

NEW YORK – Wall Street rebounded on Friday to close at its highest in two weeks after a strong jobs report and assurances from Federal Reserve […]
January 3, 2019

Bond market sending message of a real fear of the economy slowing down: Peter Cardillo, Spartan Capital

Earnings are expected to be lower but perhaps in the second and third quarter, we had a real slowdown in earnings, Peter Cardillo, Chief Market Economist, Spartan Capital […]
January 3, 2019

US markets start 2019 with a whimper as Trump blames ‘glitch’ for 2018 losses

Trump claims ‘We’re the talk of the world’ as weak data in Asia and Europe confirmed fears of a global economic slowdown After their worst year […]
January 3, 2019

US STOCKS-Wall St starts new year with 1 pct slide on global slowdown jitters

(For a live blog on the U.S. stock market, click or type LIVE/ in an Eikon news window.) * Indexes drop: Dow 1.11 pct, S&P 1.10 […]
January 2, 2019

US STOCKS-Trade progress boosts Wall St at end of rough year

(For a live blog on the U.S. stock market, click or type LIVE/ in an Eikon news window.) * Indexes up: Dow 0.94 pct, S&P 0.69 […]
January 2, 2019

Stocks on the rise today thanks to ‘big progress’ on US-China trade to end a turbulent year

Stock index futures rose after President Trump said he had a ‘very good call’ with China’s President Xi Jinping   The benchmark S&P 500 and Dow Jones […]
December 31, 2018

Dow Closes 1,000 Points Higher, Rallies In Energy Shares And Retail Led Profits

Dow closes 1,000 points higher, rallies in energy shares and retail led the profits. Stocks of the Dow Jones Industrial Average marked its biggest single-day point […]
December 31, 2018

Stocks – Market Stages a Huge Comeback; Dow Jumps More Than 1,000 Points – Stocks soared Wednesday, recovering all the losses and then some from the Christmas Eve plunge, with the White House easing some market worries about […]
December 31, 2018

Financial RECESSION WARNING: Market crash SPOOKS economists – ‘resembles Great Depression’

FINANCIAL experts are warning that the world stock markets could plummet into an economic recession that size of the 1929 Great Depression, amid worsening performances in […]