Cardillo’s Corner

May 7, 2020

US stocks end mostly down as rally shows signs of fatigue

NEW YORK (AFP) -Wall Street stocks finished a choppy session mostly lower on Wednesday (May 6) as oil prices fell and fresh US labour data showed […]
May 6, 2020

US STOCKS-Wall St set to jump on oil gains, easing of lockdowns

(For a live blog on the U.S. stock market, click or type LIVE/ in a news window) * Energy firms rise as oil prices gain * […]
May 6, 2020

Q&A-LatAm set for biggest economic contraction in modern history: Alejo Czerwonko, UBS Global Wealth Management

Latin American economies are set to experience the deepest contraction in modern history with expected output losses surpassing even the 2008 global financial crisis, Alejo Czerwonko, […]
May 6, 2020

Q&A-S&P should drift lower in next 18 months; JPY to test 100: Jim Walker, Aletheia Capital

U.S. equities are expected to drift lower, with occasional bounces, for the next 18 months , Jim Walker, chief economist at Aletheia Capital in Hong Kong, […]
May 6, 2020

Q&A-ECB may have to follow Fed policy on junk bonds; V-shaped global recovery possible: Jim O’Neill

British economist Jim O’Neill expects a V-shaped recovery in the global economy once the coronavirus-related lockdowns have been lifted on the back of even more expansive […]
May 5, 2020

Q&A-U.S. equities still in bear market territory, better “value” in growth stocks: Carlton Neel, Chaikin Analytics

Recent gains in U.S. equities are only part of a bear market rally, and the market will likely be range-bound until investors get more clarity on […]
May 5, 2020

Q&A-Crude to hit capacity constraints by mid-year, expect aid for U.S. shale: Konstantinos Venetis, TS Lombard

Global crude stockpiles are likely to hit capacity constraints by the middle of 2020, making a repeat of May’s carnage in the WTI futures market a […]
May 4, 2020

Closing Bell: Markets Crater to Kick Off Month of May

The old saying “sell in May and go away” comes to mind as the stock market kicked off the month with all three major U.S. indexes […]
May 4, 2020

Reuters Forum 5/3