Cardillo’s Corner

December 3, 2018

With Oil Surging, is Bear Market Over? — Market Talk

08:26 ET – Oil prices rise sharply as Russia and OPEC signaled plans to cut production, while Canada’s Alberta province says it too will be mandating […]
November 29, 2018

Wall Street tumbles as Trump’s threat sparkled trade worries

On Tuesday, the US stocks tumbled after US president Donald Trump threatened to move ahead with his plan to put additional tariffs over the Chinese goods, […]
November 28, 2018

Global turmoil hits Europe’s shares

Reuters November 28 2018 2:30 AM European markets slipped into the red yesterday as geopolitical events from Brexit to US President Trump’s continuing trade war with […]
November 26, 2018

Al Jazeera Interview

November 26, 2018

US Market Remains Significantly Overvalued Despite Black Friday Slip

Energy and tech continue deep slide, but Shiller price-earnings ratio still remains around 30 The U.S. stock market remains significantly overvalued the day after Thanksgiving despite […]
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 […]