Cardillo’s Corner

August 2, 2022

Wall Street opens lower, geopolitical tensions weigh

The New York Stock Exchange fell Tuesday at the opening, the geopolitical tensions, in particular with China, weighing on the market. Around 2:15 p.m. GMT, the […]
August 2, 2022

Reuters Interview 8/2/22

NEW YORK, Aug 2 (Reuters) – U.S. stocks struggled for gains and the dollar and gold rallied on Tuesday as simmering U.S.-China tensions over Taiwan and […]
August 2, 2022

Class CNBC Interview 8/2/22

August 2, 2022

Treasury Yields Fall As Geopolitical Tensions Rise

Investors seek the perceived safety of US government debt, pushing Treasury yields down and maintaining the 2yr-10yr curve inversion while flattening the 3m-10yr segment. The 10-year […]
August 1, 2022

Oil Prices Drop 3% as Global Economies Struggle

US benchmark oil prices are starting the week in a bearish mood, dropping 3% to $95.68 a barrel as weak manufacturing and other economic data around […]
July 29, 2022

Class CNBC Interview 7/29/22

July 28, 2022

Wall Street soars and hails the Fed’s determination against inflation

New York (AFP) – The New York Stock Exchange closed sharply higher on Wednesday, hailing the determination of the United States Central Bank (Fed) to curb […]
July 28, 2022

USA GDP Contraction | Analysis By Peter Cardillo, Chief Market Economist, Spartan Capital Securities

As USA GDP data shows the second straight contraction in the US’s economy. According to the data by the economic analysis bureau, the economy contracted by […]
July 28, 2022

Le Fonti Interview 7/28/22