Cardillo’s Corner

April 29, 2021

Wall Street ends up in the red after the Fed and before Apple and Facebook

The New York Stock Exchange ended modestly in the red on Wednesday after the US Central Bank expected interest rates to remain close to zero and […]
April 29, 2021

Inflation won’t be temporary -economist

The Federal Reserve again said it sees inflation as “transitory,” but market economist Peter Cardillo of Spartan Capital Securities tells Reuters’ Fred Katayama why inflation will […]
April 28, 2021

U.S. growth, deficits to push dollar lower, real yields to support

(Reuters) – The U.S. dollar is expected to continue declining, pressured by rising trade and fiscal deficits along with recovering growth that is being powered by […]
April 27, 2021

Caso George Floyd: la Corporate America approva il verdetto

Wall Street riscopre la cautela. Flop Netflix
April 27, 2021

Wall Street bounces back at the end of the week after a scare about taxes

Helped by good American indicators, the New York Stock Exchange rebounded strongly on Friday after being scared the day before about a possible increase in the […]
April 27, 2021

LEFONTI Interview 4-27-21

April 27, 2021

Q&A-DXY to close 2021 lower, breaking the 90-mark; Strong earnings to bolster U.S. equities; Gold in upward momentum: Peter Cardillo, Spartan Capital

The dollar will continue to decline but is expected to pick off one more time before the second leg of the downward move begins, Peter Cardillo, […]
April 26, 2021

Dow flips negative after S&P 500, Nasdaq surpass prior closing records to start earnings blitz

Tesla, Apple, Alphabet, Microsoft and Amazon to deliver quarterly results this week The Dow flipped negative in afternoon trade, while the S&P 500 and Nasdaq surpassed […]
April 26, 2021

Strong data lifts stocks after tax scare; oil gains

Stocks rose on Friday as solid economic data reversed a Wall Street decline in the previous session, setting up a global stocks index for a fifth […]