Cardillo’s Corner

November 26, 2018

Stocks slump amid fears of global economy slowdown

It may have been Black Friday, but Wall Street was seeing red. All of the major stock indexes ended in negative territory during Friday’s shortened trading […]
November 26, 2018

Oil prices plunge, putting pressure on markets

Friday saw oil prices plunge to their lowest levels in 2018. Oil prices continue to fall and the price of a barrel of oil has plunged approximately 20% […]
November 26, 2018

Stock indexes log worst Thanksgiving week since 2011—all three fall at least 3.5%

U.S. stocks closed lower Friday, pressured again by falling oil prices, which drove the indexes to weekly loses of more than 3.5%—the second straight week of […]
November 26, 2018

Dow falls more than 150 points, posts worst Thanksgiving week decline since 2011

Shrinking global economy takes inflation risk out of the equation, strategist says from CNBC. Stocks fell on Friday as some of the most popular technology shares […]
November 23, 2018

Oil slide pulls Wall Street lower

(Reuters) – U.S. stocks fell on Friday as oil prices slipped to their lowest in more than a year, dragging down energy shares, while investors were […]
November 21, 2018

Wall Street sells off again

U.S. stocks sold off for a second day as energy shares dropped with oil prices and retailers, like Target and Kohl’s, tumbled after weak earnings and […]
November 21, 2018

JIN Financial News TV Interview

November 21, 2018

Market is in correction, says Spartan Capital’s Peter Cardillo

Today’s drop gets us closer to bear market, says Peter Cardillo, chief market economist at Spartan Capital. Aleksandra Michalska reports.
November 21, 2018

Market is in correction, says Spartan Capital’s Peter Cardillo

Today’s drop gets us closer to bear market, says Peter Cardillo, chief market economist at Spartan Capital. Aleksandra Michalska reports.