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The views expressed here regarding market and economic trends are those of Investment Professionals, and are subject to change at any time. These views should not be relied upon as investment advice, as securities recommendations, or as an indication of trading intent on behalf of Pioneer. There is no guarantee that these trends will continue.
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Author Archives: Sam Wardwell
Last week in the capital markets the oil selloff resumed and took the stock market with it. It was bad news for oil bulls, but consumers like lower gasoline prices, auto sales remain strong, and November retail sales beat expectations. Although … Continue reading
On average, December has been good for the U.S. stock market, and this year should be no exception. The U.S. economy remains strong, despite weakness outside the U.S. (more on that below). Solid manufacturing data and an improving labor market … Continue reading
Last Week in the Capital Markets OPEC’s failure to cut production shocked the market: Commodities: On Thursday, OPEC didn’t cut production. WTI crude lost $7 on Friday, ended the week down $10 to $66 (lowest since 2009). Gold fell $21 … Continue reading
Last Week in the Capital Markets U.S. Equities: The S&P 500 quietly worked higher last week, ending up 1.2%. Materials (+2.8%) and Energy (+2.5%) led. Commodity prices were up last week, and mining companies liked the People’s Bank of China … Continue reading