Cardillo’s Corner

August 19, 2021

Oil Plunges Further on Weakening Demand, Geopolitical Worries

US benchmark oil prices plunge more than $2, down 3.6% at $63.11 a barrel and are now down more than 16% from a mid-July peak above […]
August 19, 2021

Wall Street accelerates fall at close after Fed minutes

The New York Stock Exchange accelerated its fall at the close on Wednesday after the Fed minutes showing that the idea of ​​reducing monetary support as […]
August 16, 2021

Oil Falls as China Data Adds to Demand Fears

US benchmark oil prices drop 3% to $66.42 a barrel after disappointing Chinese factory data and persistent Delta variant fears. The Taliban’s swift takeover of Afghanistan […]
August 16, 2021

Wall Street opens at half mast after disappointing recovery figures in China

The New York Stock Exchange opened at half mast on Monday, worried about disappointing figures on the Chinese economy and the Fed’s upcoming moves, while the […]
August 13, 2021

Wall Street up moderately after record highs, Nasdaq lagging behind

The New York Stock Exchange continued its small march above its records on Friday, driven by good corporate results, the Nasdaq remaining a little behind. At […]
August 13, 2021


August 13, 2021

Wall Street ends small, the Dow Jones and S&P 500 grab another record

The New York Stock Exchange finished modestly in the green on Thursday, with the Dow Jones and the S&P 500 grabbing their third records of the […]
August 11, 2021

INSTANT VIEW 1-U.S. July CPI data show consumer price increases slowed, inflation still high

Updates with more comments NEW YORK, Aug 11 (Reuters) – U.S. consumer price increases slowed in July but inflation overall remained historically high amid continued supply-chain […]
August 10, 2021

Powell’s Future Could Depend on How Long Inflation Lasts

Replacing Jerome Powell at the Fed would be a mistake, warns Spartan’s Peter Cardillo. “The markets could negatively react to a change of guard,” he says […]