Cardillo’s Corner

December 7, 2021

Wall Street opens up, then turns around, skeptical of US jobs report

The New York Stock Exchange opened higher on Friday before turning around and going into the red, troubled by a mixed monthly report on US jobs. […]
December 4, 2021

US Nov payrolls rise falls far short, but jobless rate down

NEW YORK, Dec 3 (Reuters) – U.S. employment increased far less than expected in November, likely as millions of unemployed Americans remained home despite companies boosting […]
November 30, 2021


Interview covered the fed and possibility of lower economic activity
November 29, 2021

How the markets are performing on the wake of Omicron variant? | Peter Cardillo

We are joined by Peter Cardillo to discuss the growing concerns over the Omicron variant that is wreaking havoc in world markets. The Dow Jones Industrial […]
November 29, 2021

COVID variant sparks fear of global economic slowdown -analyst

Oil prices bore the brunt of a widespread sell-off on Wall Street as investors fear a new COVID-19 variant could spark more lockdowns and travel restrictions […]
November 29, 2021

‘Fear is the market’s worst enemy’ -analyst

The announcement of a new COVID-19 variant has reignited investors’ biggest enemy: fear, leading to a big sell-off in stock and bond markets, says Spartan Securities […]
November 29, 2021

COVID fears spark Dow’s biggest sell-off of 2021

Wall Street had a rough day as in joined in on a steep global sell-off in stocks, bonds, oil and cryptocurrencies as the discovery of a […]
November 23, 2021

Wall Street all smiles after Powell’s appointment to the Fed

The New York Stock Exchange opened sharply higher on Monday, reacting with a smile to the renewal of Jerome Powell as head of the American Central […]
November 23, 2021

Oil Prices Rise Despite Reserves Sale Plan

US benchmark oil prices reverse earlier declines and rise 0.3% to $76.97 a barrel despite an early-morning announcement from the Biden administration that the US and […]