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PETER CARDILLO
Norm-breaking SpaceX IPO a source of elation, angst on Wall StreetSpaceX is poised for a historic IPO, aiming to raise $75 billion with a $1.8 trillion valuation. Despite immense investor excitement and Mu...- Stagflation risks rise as oil prices threaten global growth outlook: Peter CardilloGlobal economic outlook darkens with stagflation fears as energy prices fuel persistent inflation. Experts warn central banks may keep inte...
- US stock market on Wednesday: S&P 500, Dow Jones, Nasdaq to fall again today? These factors offer hintsUS Stock Market today: Dow Jones, S&P 500, Nasdaq investors are looking for positive turnaround in the Wall Street.
- US stocks today: S&P 500 slips as hot inflation data signals rates to stay on holdUS producer prices surged in April, signaling accelerating inflation and reinforcing expectations that the Federal Reserve will maintain re...
- Markets look past conflict, but oil and inflation risks remain: Peter CardilloGlobal equities signal confidence in easing geopolitical tensions, with investors largely pricing in the worst of recent volatility. Howeve...
- US stocks today: US market ends higher, S&P 500, Nasdaq notch biggest monthly gains in yearsU.S. stocks surged on Thursday, with the S&P 500 and Nasdaq achieving their largest monthly gains in years. Strong corporate earnings, part...
- Donald Trump gets lifeline: U.S. economic growth data reveals shocking findings after President's approval rating crashedU.S. Commerce Department has said its Personal Consumption Expenditures Price Index (PCE) rose in line with expectations in March.
- UAE’s exit could reshape OPEC+ oil supply dynamics: Peter CardilloThe UAE's reported exit from OPEC+ is sparking concerns about the alliance's long-term cohesion, though immediate market disruption is limi...
- US stocks today: S&P, Nasdaq rise 1% as investors hold out hope for US-Iran resolutionUS stocks rose as investors weighed Middle East tensions and hopes of a potential resolution in the Iran conflict. Gains in tech stocks lif...
- US stocks today: Dow falls over 300 points as failed US-Iran talks unsettle investorsWall Street slipped as failed US-Iran talks and a US naval blockade on Iranian ports revived geopolitical risks, denting market sentiment. ...
- False reading: Peter Cardillo warns the US economy may be weaker than data showsPeter Cardillo of Spartan Capital warns that US economic strength is a “false reading,” with wealthy households masking weak consumer spend...
- Tariff shock temporary, fundamentals will prevail: Peter CardilloPeter Cardillo analyzes Trump's tariff threats, particularly regarding pharmaceuticals, deeming 250% tariffs infeasible and unsustainable, ...
- Market is gripped by recession fears and only talks of negotiations can turn it around: Peter CardilloSpartan Capital Securities' Peter Cardillo warns of a potential recession. This is due to prolonged trade tensions with China, Canada, and ...
- Tariffs could hurt business, growth and earnings: Peter CardilloThe administration's back-and-forth stance on tariffs is unsettling global markets, especially emerging ones. Tariffs could be inflationary...
- Global recession a certainty in 2020: Peter CardilloI do not think it is the beginning of a new rally in Dow Jones, says Cardillo.
- Markets to remain jittery till Greece elections: Peter Cardillo, Rockwell Global Capital"I suspect we are going to see the market continuing to remain quite jittery until the Greek elections are over," said Peter Cardillo.
- Markets discounting more turmoil but Greece unlikely to exit EU : Peter Cardillo, Chief Market Economist, Rockwell Global CapitalOne of the reasons why we saw the equity market reverse course yesterday was because of the sudden surge in the dollar.
- Earnings growth, guidance by US companies driving equities: Rockwell Global CapitalFed has left the door open for further easing. That is also playing a part. The market has reversed now and we are once again in an upward ...
- Worst decline in US economic environment has ended: Peter Cardillo, Rockwell Global Capital"In a worst case scenario, Europe will have a mild recession and that the US economy should grow between 2 and 2.5% for all of 2012," said ...
- Euro deal a relief to the markets: Peter Cardillo, Rockwell Global CapitalWe will see global economy close to 4% and we should see stronger markets in the days ahead, says Peter Cardillo, Chief Market Economist, R...
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