Cardillo’s Corner

August 20, 2021

Taper fears spook stocks, Peter Cardillo, Chief Market Economist, Spartan Capital, LLC

US minutes released on Wednesday indicated willingness to taper bond buying program by end of the year. Tapering of assets not a precursor to rate hike, […]
August 19, 2021

Wall Street drops as taper fears, commodity losses weigh

Aug 19 (Reuters) – Wall Street indexes fell on Thursday on concerns the Federal Reserve could begin to rein in its massive monetary stimulus, while commodity-linked […]
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 […]