Jan 19, 2020 | Wealth Management
The Trump administration’s “monster” trade deal with China helped drive global stocks to records and push currency volatility to all time lows. But the accord excludes $50 billion of U.S. exports and there are doubts China can buy the extra $95 billion in commodities....
Jan 12, 2020 | Wealth Management
Two Federal Reserve officials said, Thursday this week, that the economy was likely to avoid a severe downturn because of timely intervention by the central bank last year. One of them said there is a “reasonable chance” of achieving a soft landing for the U.S....
Dec 22, 2019 | Wealth Management
After a turbulent 4th quarter of 2018, the stock market reversed course in January, with most leading indexes posting solid gains. Despite some growing economic concerns, the U.S. stock market continued to rebound in February. By the end of Q1, lackluster US...
Nov 18, 2019 | Wealth Management
This week, stocks hit all-time highs and continued to climb. Yields are also rising and corporate bond spreads point to investors being more confident with the current economic conditions. The yield curve, whose inversion set off alarms about the risk of a recession,...
Nov 3, 2019 | Wealth Management
Hong Kong’s economy contracted sharply in the third quarter as it entered a recession. Third-quarter gross domestic product retreated 3.2% from the previous three months, after a 0.4% contraction in the second quarter. Two consecutive periods of negative growth mean...
Oct 7, 2019 | Wealth Management
Earlier this week, Charles Schwab announced that starting Oct. 7, clients can buy and sell stocks and ETFs listed in the U.S. or Canada online for free instead of the 4.95/$6.95 per trade fee. Next day, TD Ameritrade and ETrade reluctantly followed. Fidelity and the...
