Cardillo’s Corner

October 14, 2021

Wall Street remains green despite inflation and the Fed

The New York Stock Exchange ended overall in the green on Wednesday thanks to strong first quarterly corporate results and despite sustained US inflation and the […]
October 13, 2021

U.S. consumer prices increase solidly in September

NEW YORK, Oct 13 (Reuters) – U.S. consumer prices increased solidly in September and are poised to rise further in the months ahead amid a surge […]
October 13, 2021

US STOCKS-Wall St steady with investors cautious ahead of earnings

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window) * American Airlines up on […]
October 12, 2021

WTI Oil Ends Above $80 for 1st Time Since 2014

The US benchmark oil price reaches another milestone in its year-long rally, closing above $80 for the first time since 2014 as it finishes 1.5% higher […]
October 11, 2021

Wall Street on the rise, driven by banking and energy

The New York Stock Exchange opened in dispersed order Monday, a public holiday in the United States, driven by the values ​​of the banking and energy […]
October 11, 2021

Variant was ‘hidden factor’ in jobs report -economist

Spartan Capital Securities Chief Market Economist Peter Cardillo attributed the weak job growth in September to the spread of the Delta variant.
October 11, 2021

Jobs data won’t deter Fed -economist

Spartan Capital Securities Chief Market Economist Peter Cardillo explains why the surprisingly weak job growth in September won’t keep the Federal Reserve from starting to taper […]
October 8, 2021

U.S. job growth slows sharply in September

(Reuters) -U.S. employment increased far less than expected in September amid a decline in government payrolls, but hiring could pick up in the months ahead as […]
October 8, 2021

Oil Declines on Russia, Possible Drawdown of Reserves — Market Talk

US benchmark oil prices continue to retreat from Tuesday’s seven-year high, with WTI crude recently down 1.5% at $76.30 a barrel. “The announcement that Russia has […]