Cardillo’s Corner

October 11, 2019

US and China exit turbulence: markets stop shaking

  Washington and Beijing clearly expect to reduce the heat of the 15-month standoff and delay the introduction of new tariff packages scheduled for next week. […]
October 11, 2019

Look for a “cosmetic” trade deal – Cardillo

The United States and China will likely notch a ”cosmetic” trade deal, Spartan Capital’s Peter Cadillo tells Reuters’ Fred Katayama. But he recommends investors buy gold […]
October 9, 2019

US STOCKS-Wall St eyes strong open as reports fuel trade deal hopes

(For a live blog on the U.S. stock market, click or type LIVE/ in a news window) * Beijing open to agreeing to a partial trade […]
October 4, 2019

Wall Street finishes up, betting on lower interest rates

Wall Street finished in the green on Thursday after an indecisive start to the session, as more and more financial players expect the US Federal Reserve […]
October 4, 2019

Wall street at lowest since August

In an exclusive conversation with ET Now, Peter Cardillo, Chief Market Economist, Spartan Capital Securities speaks on the growth scare. “Some of the macro news that […]
October 3, 2019

US facing a recession if there is no break-through in trade talks: Peter Cardillo, Spartan Capital

UK is likely to leave the EU without a deal and that is another nail in the coffin of global economy. After manufacturing, if non-manufacturing services […]
October 2, 2019

Le October 2nd 2019

October 1, 2019

Fears of U.S. slowdown weigh on stocks; bonds rally

NEW YORK (Reuters) – Weak economic data in the United States and Europe weighed on global stock benchmarks on Tuesday, sending investors into safe-haven assets. European […]
September 26, 2019

Stocks – Wall Street Cautious on Trump Impeachment; Tech Stocks Fall – Wall Street remained volatile on Wednesday, held back by fears of political instability after the House launched a formal impeachment inquiry into President Donald […]