Insights, Delivered Daily.

The cavalry approaches. Scary economic data was not going to push markets down yesterday because the Fed will come to the rescue… so goes the theory. Stocks fell on bad economic data but recovered and closed in the black on high hopes of more rate cuts.

October chill. Stocks dropped yesterday as recession fears gripped traders. Tuesday’s weak manufacturing number combined with an unexpectedly weak employment number spooked investors.

Swing and a miss! Stocks plummeted yesterday on weak manufacturing data, increasing fears of a recession. Stocks quickly erased early gains when data showing a second month of contraction in manufacturing hit the tape.

No restrictions… kind of. Stocks rose yesterday as the Treasury walked back its reported plans to restrict US investment in China. Happy investors were unfazed by a weak PMI number and chose to buy on trade hopes.

Flashing teeth ^^^ Stocks tumbled on Friday after a report surfaced that the Whitehouse was considering a plan to limit US investment in Chinese companies. Benign economic data was not enough to prevent the selling as trade fears crept back into the markets.

Where do we start? Stocks slipped yesterday as investors tried, tried, tried to avoid the drama unfolding in Washington DC. A report early in the session that the US would not renew temporary waivers for US tech companies selling to Huawei pushed stocks down.