Tuesday's Market Minute: Cautiously Optimistic

With little economic data on the calendar and most earnings already out, investors will be taking a long-overdue sigh of relief this week. Let us, in this brief respite afforded, take a moment to reflect upon the current state of U.S. markets.

Last week's headline jobs report beat helped to push many indexes to all-time highs, but this number alone did not send the VIX plummeting to July levels. A wide beat in earnings, in addition to a reluctantly dovish Fed, both played their parts. Though a far cry from last year’s robustness, the U.S. economy is nowhere near as bad as many feared. Geopolitical tensions, too, are slowly being appeased. Progress on a U.S./China trade deal and diminishing signs of a no-deal Brexit have both played their parts in easing U.S. recession fears.

So lean back in your chair, but don't relax too much – if last holiday season taught us anything, it’s everything can change in a tweet.

Information from TDA is not intended to be investment advice or construed as a recommendation or endorsement of any particular investment or investment strategy, and is for illustrative purposes only. Be sure to understand all risks involved with each strategy, including commission costs, before attempting to place any trade.

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Posted In: EarningsNewsGlobalETFsTD AmeritradeUS-China Trade War
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