Cardillo’s Corner

January 6, 2020

What to expect at the pump as U.S.-Iran conflict escalates

Investor sentiment turned negative Friday following the Pentagon’s confirmation that a United States airstrike inside Iraq had killed top Iranian general Qassem Soleimani, an escalation of […]
January 3, 2020

What to expect at the pump as U.S.-Iran conflict escalates

Gasoline and diesel futures are already up by about six cents a gallon in response to the escalation. By Martha C. White Investor sentiment turned negative Friday […]
January 2, 2020

Wall Street falls from records, leading Europe lower

Wall Street on Monday had its worst day in nearly a month, falling from records as investors took profits after the extended rally of recent days. […]
January 2, 2020

Dow jumps 300 points to start 2020, continuing last year’s big rally

Stocks rose to all-time highs on Thursday, led by tech shares, as the strong rally in 2019 continued in the first trading day of the new […]
January 2, 2020

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January 2, 2020

Trade deals will boost growth in ’20: economist

Trade deals with Mexico, Canada, and China will boost economic growth next year, says Spartan Capital economist Peter Cardillo. Political risk could send stocks down but […]
January 2, 2020

Markets to start 2020 on a high, but will it stay that way?

‘Santa’ spirits to quiet down this week as investors head for the new year Dubai: With world stocks scaling record highs, analysts said they expected it […]
January 2, 2020

Wall Street slips from record highs

Investors booked profits on the second to last day of what has been a most bountiful trading year. Tech stocks led the broad-based pullback Monday. The […]
December 27, 2019

Wall St. set for another record high as year-end rally continues

(Reuters) – U.S. stock indexes were set to open at fresh record highs on Friday as optimism over U.S.-China trade relations and an improving global economy […]