Cardillo’s Corner

WTI oil prices end 2.6% higher at $39.57 a barrel, recouping nearly all of Monday’s declines as a tropical storm causes offshore oil producers to slash […]

The 10-year Treasury’s yield slides to 0.81% as traders seek the safety of sovereign debt, boosting bond prices. The risk-off sentiment is fueled by Covid-19’s resurgence […]

The New York Stock Exchange was moving in the red on Monday, worrying about recent records for the number of new coronavirus infections in the United […]

US markets fall further; Nasdaq falls>1.6%, Dow cracks>700 pts, S&P down>2.12%. Here’s Peter Cardillo, Chief Market Economist, Spartan Capital Securities’ view on the #WallStreet‘s sudden nosedive […]

Spartan Capital Securities chief market economist Peter Cardillo tells Reuters’ Fred Katayama why he sees gold catapulting more than 30% to $2500 an ounce next year.

U.S. stock benchmarks closed lower Wednesday, as investors looked to Washington for signs of progress that a fiscal stimulus deal might materialize before the Nov. 3 […]

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