US equity markets vaulted higher in afternoon trading as investors interpreted the latest comments from Federal Reserve Chair Jerome Powell as a dovish shift from his previous stance - Dow jumped +617-points or +2.50% The broader S&P500 +2.30%, NASDAQ +2.97%, with Amazon.com gaining +5.1% after the company confirmed that Cyber Monday was the biggest single-day of sales in the company’s history. Investors continue to eye the Group of 20 nations (G-20) summit in Buenos Aires. There was some easing in trade fears after White House economic advisor Larry Kudlow said that the administration had resumed talks with China “at all levels.”

US equity markets vaulted higher in afternoon trading as investors interpreted the latest comments from Federal Reserve Chair Jerome Powell as a dovish shift from his previous stance - Dow jumped +617-points or +2.50% The broader S&P500 +2.30%, NASDAQ +2.97%, with Amazon.com gaining +5.1% after the company confirmed that Cyber Monday was the biggest single-day of sales in the company’s history. Investors continue to eye the Group of 20 nations (G-20) summit in Buenos Aires. There was some easing in trade fears after White House economic advisor Larry Kudlow said that the administration had resumed talks with China “at all levels.”

US equity markets vaulted higher in afternoon trading as investors interpreted the latest comments from Federal Reserve Chair Jerome Powell as a dovish shift from his previous stance - Dow jumped +617-points or +2.50% The broader S&P500 +2.30%, NASDAQ +2.97%, with Amazon.com gaining +5.1% after the company confirmed that Cyber Monday was the biggest single-day of sales in the company’s history. Investors continue to eye the Group of 20 nations (G-20) summit in Buenos Aires. There was some easing in trade fears after White House economic advisor Larry Kudlow said that the administration had resumed talks with China “at all levels.”

The equities market is moderately cheap and should rally from here.

Still, continual Fed tightening is slowly squeezing fundamentals.

The equities market is moderately cheap and should rally from here.

Still, continual Fed tightening is slowly squeezing fundamentals.

The equities market is moderately cheap and should rally from here.

Still, continual Fed tightening is slowly squeezing fundamentals.

Morgans adviser Chris Titley recently chatted to Anthony Nantes from Wisr. Wisr (ASX : WZR) is Australia's first neo-lender with a commitment to the financial wellness of all Australians. Wisr provides personal loans, apps, content and other products that use technology to provide better outcomes for borrowers, investors and everyday Australians. Anthony discusses the Wisr story, the market opportunity, the fintech market in Australia and also offers some advice for entrepreneurs.

Morgans adviser Chris Titley recently chatted to Anthony Nantes from Wisr. Wisr (ASX : WZR) is Australia's first neo-lender with a commitment to the financial wellness of all Australians. Wisr provides personal loans, apps, content and other products that use technology to provide better outcomes for borrowers, investors and everyday Australians. Anthony discusses the Wisr story, the market opportunity, the fintech market in Australia and also offers some advice for entrepreneurs.

Morgans adviser Chris Titley recently chatted to Anthony Nantes from Wisr. Wisr (ASX : WZR) is Australia's first neo-lender with a commitment to the financial wellness of all Australians. Wisr provides personal loans, apps, content and other products that use technology to provide better outcomes for borrowers, investors and everyday Australians. Anthony discusses the Wisr story, the market opportunity, the fintech market in Australia and also offers some advice for entrepreneurs.

US equity markets recovered from losses earlier in the session to post a modest advance - Dow up +108-points or +0.44%. General Motors Corporation fell -2.55% after President Trump said the White House was looking at cutting subsidies for the US automaker a day after the company said it would halt production at five plants in North America and layoff thousands of workers. The broader S&P500 added +0.33%, with the more defensive sectors leading the gains (Health Care up +0.99%, Consumer Staples +0.91% and Utilities +0.87%). The technology-centric NASDAQ inched +0.02% higher. Amazon.com Inc (down -0.02%) said Cyber Monday 2018 was the biggest selling day in the company’s history. Overall, Cyber Monday hit an all-time high of $7.9 billion in sales by the end of the day, which would make it the largest online shopping day ever in the US, according to Adobe Analytics data. Thanksgiving day tallied US$3.7 billion and Black Friday rang up US$6.2 billion in sales. In a nod to retailer efforts to integrate online and brick-and-mortar operations, consumers that bought online but picked up the merchandise in store rose a record 65%. United Technologies Corp fell 4.14% after it announcing plans to break the company into three parts. Ahead of a meeting with Chinese President Xi Jinping at the Group of 20 nations (G20) summit in Buenos Aires this week, President Trump told the Wall Street Journal that he was “highly unlikely” to accept China’s request to hold off from raising tariffs due to take effect on 1 January. President Trump also suggested a 10% tariff on laptops and iPhones imported from China could be implemented. Separately, President Trump’s economic adviser Larry Kudlow said trade talks with China had failed to yield progress ahead of the G-20 summit in Argentina, adding the US would go ahead with more tariffs if a deal was not reached and echoing previous threats from President Trump. China’s ambassador to the US, Cui Tiankai, said in an interview with The Wall Street Journal published Monday (26 November) that if the trade tensions between China and the US - as well as the U.S. and other countries - continues “there’s a real risk that the integrating global market might become fragmented.”