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Don’t worry be happy! Equity markets rallied yesterday with high hopes that a meeting with low level Chinese trade officials scheduled for next week will end the ongoing trade rift between the US and China. The markets were so elated at the prospect of a breakthrough with China that the EM...

Testing the limits! Adorning the fronts of theaters and playbills are the highly recognized drama masks depicting one frowning and one smiling mask. This symbol, in fact, goes back to ancient Greece and is still relevant today not only for theater but also on the stage of international politics,...

Bubble trouble? Traders decided to put Turkish contagion behind them yesterday driving equities up throughout the session. The S&P500 closed just below its session high essentially erasing the losses from Manic Monday (see chart 4). The Dow Jones Industrial Index similarly ended trading just below...

Manic Monday!! A song written by Prince and popularized by The Bangles also happens to be the term that best describes yesterday’s equity markets. Equity markets followed on Friday’s weakness sold off and closed near session lows as they were unable to hold early gains. Fears of contagion from...

Higher elevations and steeper slopes? Equity markets closed slightly higher yesterday well off of their morning lows in a relatively calm trading session. The S&P gained the most ground yesterday as the other indices did their best to maintain their neutral to constructive positions. Though the...

In the thick of it. Equity markets took a pause in the latter half of last week as indices posted a mixed close on Friday. Traders weathered a raft of corporate earnings, political upheaval, unheard of levels of jawboning, and executive tweets posting some important closes in the first half of the...