“The drama is centered on just how strongly the Fed will signal that it’s going to cut rates again by the end of 2019…” Tom Essaye, founder of The Sevens Report, said in a note. Click here to read the full article.
Cramer’s comments echo that of the Stevens Report founder Tom Essaye’s, who said in a note that “the drama is centered on just how strongly the Fed will signal that it’s going to cut rates again by the end of 2019.” Click here to read the full article.
“For U.S.-China trade to cause a sustainable rally, we need some proof of actual movement towards a trade ‘truce,’” said Tom Essaye, founder of the Sevens Report, in a note. Click here to read the full article.
“The yield curve inverted which created a temporary ‘pile on’ effect in the bond markets. We have absolutely not seen what we wanted to out of the Fed. We had hoped for a rally in the 10-year yield…” wrote Tom Essaye of the Sevens Report. Click here to read the full article.
“Historically speaking the inversion of that benchmark yield curve measure means that we now must expect a recession anywhere from six-to-18 months from today which will…” said Tom Essaye in a note on Wednesday. Click here to read the full article.
“Although gold futures remain near-term overbought, momentum is decidedly higher. Fundamentally, the sharp downtrends in bond yields…” said Tom Essaye, founder of the Sevens Report, in a note.
Dow jumps 300 points as Wall Street rebounds from the worst day of the year
“Going forward, stabilization in the U.S./China trade war is now the most important key to broader market stabilization…” said Tom Essaye, founder of The Sevens Report, in a note. Click here to read the full article.
Stocks fell from record highs on Tuesday after President Donald Trump cast doubt on the trade progress between China and the U.S. “Looking at this earnings season, the key question is: Will trade uncertainty cause businesses to pullback on spending and investment enough so that it begins to weigh on earnings?” said Tom Essaye, founder of the Sevens Report. Click here to read the full article.
“For now what the bond market is doing is signaling the chances of a recession are more likely than the chances of a renewal of the expansion,” said Tom Essaye, founder of Sevens Report Research. Click here to read the full article.
“We’ve consistently repeated that the rally in stocks to essentially new highs has been driven by hopes of Fed rate cuts and a U.S.-China trade truce…” said Tom Essaye, founder of The Sevens Report. Click here to read the full article.
