Insights, Delivered Daily.

Step up to the mic. Fed Governors stepped up to the mic and spoke up yesterday and the market didn’t like what they said. Stocks slid yesterday as Fed speakers dampened hopes of big rate cuts and trade anxiety added to the upset.

Paused. Stocks took a pause yesterday with a mixed close as traders await some news on the trade war. Early in the session gains melted away as gulf tensions and the ongoing trade war overtook rate cut optimism.

Ready to launch. Stocks snapped a four-day winning streak as traders digested news of a last-minute cancellation of a military strike on Iran. The increased tensions between the US and Iran hit a high point on Friday dampening the positive momentum brought on by Wednesday’s Fed announcement.

Hot to trot. Markets climbed on continued optimism that the Fed is looking out for them. Even the threat of conflict with Iran in the wake of a downed US drone couldn’t hold risk-on sentiment back.

Lean on me! Stocks rallied moderately yesterday as the Fed reassured traders that rate cuts could come soon. The Federal Reserve took a reserved approach and kept rates unchanged but made it quite clear that they are leaning towards future rate cuts.

Good vibes. Stocks climbed yesterday because traders liked what they heard from Mario Draghi and President Trump. Dovish statements by the ECB President stoked the markets and a Trump tweet pushed stocks to within arms length of all time highs.