Cardillo’s Corner

July 12, 2018

At midday: TSX rises as gains in financials soften trade war worries; Hydro One sinks

Canada’s main stock index rose on Thursday as gains in financial stocks downplayed concerns of escalating U.S.-China trade war, which had pushed markets to losses a […]
July 11, 2018

Economist Peter Cardillo about oil markets, implications of US Trade imbalances

Peter Cardillo Chief Market Economist Spartan Capital http://www.spartancapital.com/  Mr. Peter I. Cardillo serves as Chief Market Economist at Spartan Capital Securities LLC. He served as Chief […]
July 10, 2018

At midday: TSX reaches new intraday high as energy stocks jump

Canada’s main stock index rose to a record intraday high on Tuesday, boosted by the energy group, which gained on the back of rising oil prices. […]
July 10, 2018

US stocks rise on higher oil prices and as the dollar gains

New York — The S&P 500 stock index hit a four-month high on Tuesday, boosted by higher oil prices and strong earnings, while the dollar rose […]
July 9, 2018

U.S. stocks rise on earnings optimism; dollar gains

By Hilary Russ NEW YORK (Reuters) – The S&P 500 stock index closed at a more than five-month high on Tuesday, boosted by expectations for strong […]
July 7, 2018

Instant View: U.S. Triggers China Tariffs, Fuels Fears of Escalating Trade War

SINGAPORE/NEW YORK — The United States and China slapped tit-for-tat duties on $34 billion worth of each other’s imports on Friday, with Beijing accusing Washington of […]
July 7, 2018

Trade worries fester, even as Wall Street shrugs off latest tariffs

SAN FRANCISCO — Wall Street has taken the China-U.S. tariffs enacted on Friday in stride so far, but investors are on alert for a ramp-up in […]
July 6, 2018

US-EU trade war likely to be averted: Peter Cardillo, Spartan Capital Securities

Peter Cardillo, Chief Market Economist, Spartan Capital Securities, says Germany, Italy and France could agree on concessions and that should be enough to get the whole of […]
July 6, 2018

Futures dip as U.S.-China tariffs kick in; jobs data awaited

By Sruthi Shankar July 6 (Reuters) – U.S. stock index futures dipped on Friday after the United States and China slapped tit-for-tat duties on $34 billion […]