Weekly Market Update

 Market Action The Dow Jones has hit 11 consecutive closing highs, a streak that hasn’t been seen since 1987. Plans for tax reform this summer and higher GDP growth goals from the administration have helped fuel the rally. A number of economic indicators buoyed...

Weekly Market Update

 Market Action Another week and another set of new highs for major U.S. indices. The growth in stocks this week has pushed equities to their richest valuation (on a forward looking basis) since 2004. French bonds have been trading at double last year’s volume over the...

Weekly Market Update

 Market Action All three major U.S. indices hit record highs this week. Technology, Consumer Discretionary and other cyclical names led the way for the markets as enthusiasm for risk continues to grow. Crude oil prices were largely fell early in the week due to one of...

Weekly Market Update

 Market Action Markets ended the week strong in the U.S. but just missed posting gains across all three major averages. Earnings so far for corporations have come in strong with 65% of firms beating mean estimates. The U.S. jobs report showed a stronger labor market...

Weekly Market Update

 Market Action The Dow crossed the illustrious 20,000 level this week, setting new highs in the process. Cyclical sectors dominated the markets, revitalizing bullish optimism. President Trump officially removed the U.S. from the Trans-Pacific Partnership this week and...