{"id":3267,"date":"2019-05-12T10:43:41","date_gmt":"2019-05-12T14:43:41","guid":{"rendered":"https:\/\/envisionco.net\/?p=3267"},"modified":"2019-05-18T10:11:29","modified_gmt":"2019-05-18T14:11:29","slug":"3267","status":"publish","type":"post","link":"https:\/\/envisionco.net\/?p=3267","title":{"rendered":"Week Ending 5\/10\/2019"},"content":{"rendered":"<p><strong>HIGHLIGHTS<\/strong><\/p>\n<ul>\n<li>US stocks fall by 1.73% and international stocks were down by 2.33%.<\/li>\n<li>Trump hikes tariffs on China.<\/li>\n<li>Uber&#8217;s IPO turns negative.<\/li>\n<\/ul>\n<p><strong>MARKET RECAP<\/strong><\/p>\n<p>The market rally since the December 24<sup>th<\/sup> low had been powered by a dovish turn by the Fed and the anticipation of a trade deal with China. Well, you can take the trade deal with China off the table, at least for now, as President Trump surprised the markets on Monday by tweeting that he was going to increase tariffs because of backtracking by China in trade negotiations. That set off a rough week, with the S&amp;P 500 falling by 2.2%. About $2 trillion in equities values vanished according to Refinitiv with the loss. Trump followed through on his promise implementing a 25% tariff on $200 billion in Chinese imports. The market did manage to finish up on Friday after being down by about 1.5% on hopes that the two countries would eventually reach a deal.<\/p>\n<p><a href=\"https:\/\/envisionco.net\/wp-content\/uploads\/2019\/05\/VTI-May-10-2019.png\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-3269\" src=\"https:\/\/envisionco.net\/wp-content\/uploads\/2019\/05\/VTI-May-10-2019-300x130.png\" alt=\"\" width=\"300\" height=\"130\" srcset=\"https:\/\/envisionco.net\/wp-content\/uploads\/2019\/05\/VTI-May-10-2019-300x130.png 300w, https:\/\/envisionco.net\/wp-content\/uploads\/2019\/05\/VTI-May-10-2019-768x334.png 768w, https:\/\/envisionco.net\/wp-content\/uploads\/2019\/05\/VTI-May-10-2019-1024x445.png 1024w, https:\/\/envisionco.net\/wp-content\/uploads\/2019\/05\/VTI-May-10-2019-500x217.png 500w, https:\/\/envisionco.net\/wp-content\/uploads\/2019\/05\/VTI-May-10-2019.png 1579w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><\/p>\n<p><strong>UBER<\/strong><\/p>\n<p>Uber turned in one of the worst IPO\u2019s in recent memory. Closing at $41 after being priced at $45 per share. Investors are not so keen on a company that is generating $1 billion in quarterly losses.<\/p>\n<p><strong>SCOREBOARD<\/strong><\/p>\n<p><a href=\"https:\/\/envisionco.net\/wp-content\/uploads\/2019\/05\/Scoreboard-5-10-2019.png\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-3268\" src=\"https:\/\/envisionco.net\/wp-content\/uploads\/2019\/05\/Scoreboard-5-10-2019-105x300.png\" alt=\"\" width=\"105\" height=\"300\" srcset=\"https:\/\/envisionco.net\/wp-content\/uploads\/2019\/05\/Scoreboard-5-10-2019-105x300.png 105w, https:\/\/envisionco.net\/wp-content\/uploads\/2019\/05\/Scoreboard-5-10-2019-768x2187.png 768w, https:\/\/envisionco.net\/wp-content\/uploads\/2019\/05\/Scoreboard-5-10-2019-360x1024.png 360w, https:\/\/envisionco.net\/wp-content\/uploads\/2019\/05\/Scoreboard-5-10-2019.png 876w\" sizes=\"auto, (max-width: 105px) 100vw, 105px\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>HIGHLIGHTS US stocks fall by 1.73% and international stocks were down by 2.33%. Trump hikes tariffs on China. Uber&#8217;s IPO turns negative. MARKET RECAP The market rally since the December 24th low had been powered by a dovish turn by &hellip; <a href=\"https:\/\/envisionco.net\/?p=3267\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1893,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-3267","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/envisionco.net\/index.php?rest_route=\/wp\/v2\/posts\/3267","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/envisionco.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/envisionco.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/envisionco.net\/index.php?rest_route=\/wp\/v2\/users\/1893"}],"replies":[{"embeddable":true,"href":"https:\/\/envisionco.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3267"}],"version-history":[{"count":2,"href":"https:\/\/envisionco.net\/index.php?rest_route=\/wp\/v2\/posts\/3267\/revisions"}],"predecessor-version":[{"id":3276,"href":"https:\/\/envisionco.net\/index.php?rest_route=\/wp\/v2\/posts\/3267\/revisions\/3276"}],"wp:attachment":[{"href":"https:\/\/envisionco.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3267"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/envisionco.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3267"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/envisionco.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3267"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}