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About Kenny
Kenny Polcari is chief market strategist at SlateStone Wealth. He is a well-known TV personality appearing on Fox Business and CNBC and is often quoted in major print media outlets. Mr. Polcari writes a daily morning thoughts missive that is an informative, engaging, and entertaining look at global markets. He also converts the daily written piece into a daily video piece as an alternative option for subscribers. Prior to that, Mr. Polcari was a managing director at O'Neil Securities/Member NYSE. He built the US equities business at ICAP and ran the NYSE trading floor division on behalf of Salomon Brothers. Mr. Polcari is also an Advisory Board member of The Headstrong Project.
Kenny's Articles
Oh boy, did it get ugly last week when stocks collapsed as the algos went into “sell mode.” I think someone hit the wrong button, but it was what it was. There were no surprises to speak of, with Nvidia Corp. (NVDA) blowing the roof off the house, writes Kenny Polcari, chief market strategist at SlateStone Wealth.
Stocks recently came under pressure as geopolitical issues stole the headlines (Vlad lowering the bar to use nukes against Ukraine after Ukraine used US-made missiles to attack Russia). Here are some thoughts on stocks, gold, and oil, writes Kenny Polcari, chief market strategist at SlateStone Wealth.
Algos and traders kept pushing stocks higher last week, betting on the idea that the Fed is about to announce a larger-than-expected rate cut on Wednesday. Billionaire hedge fund manager John Paulson and Wharton School Professor Jeremy Siegel are just two of the people calling for the Fed to be more aggressive, writes Kenny Polcari, chief market strategist at SlateStone Wealth.
Okay, let’s get this right. Last week, initial jobless claims dropped 16,000 to 233,000 versus the expected 240,000...and on that, the market had its BEST rally in two years? Is that what happened? It really is a tangled web we weave, notes Kenny Polcari, chief market strategist at SlateStone Wealth.
Kenny's Videos
American voters determine their next president in less than a year. But Wall Street and Main Street are already paying close attention to every poll and candidate proclamation. And no wonder? They’re hoping to get a better handle on potential outcomes and potential market reactions—and to best position their portfolios for the likeliest path going forward. This panel will explore the likelihood of President Biden or former President Trump earning a second term...or a “Dark Horse” candidate winning the White House. Panel members will also explore the ramifications for taxes, spending, geopolitics, and markets of each scenario—and what investors like you should do to adapt.