Weekly Market Update

by | Dec 4, 2016 | Uncategorized, Weekly Market Update

Market Action Markets tempered their recent rally despite positive economic news from a number of sources this week. Tech stocks sold off as the rising dollar threatens overseas sales. The dollar continues to move higher as markets price in a Fed rate hike at the next...

Weekly Market Update

by | Nov 19, 2016 | Uncategorized, Weekly Market Update

Market Action Equities continued to march higher this week amid hopes for a lighter tax and regulatory regime in the future administration. Japan’s monetary authorities announced a plan to buy unlimited amounts of 10-year bonds at fixed rates on Friday. Yields had...

Weekly Market Update

by | Nov 12, 2016 | Uncategorized, Weekly Market Update

Market Action A wild week in trading ended with U.S. stocks posting new highs despite the surprise election of Donald Trump as the 45th President. Futures crashed during the election, down over 5%, but recovered to post strong gains. Stocks moved on speculation of...

Weekly Market Update

by | Nov 5, 2016 | Uncategorized, Weekly Market Update

Market Action U.S. equities have ended each of the past 9 sessions lower, the longest losing streak since 1980. While employment data came in slightly below expectations on Friday, most of the negative sentiment is being attributed to a volatile election season. The...

Weekly Market Update

by | Oct 30, 2016 | Uncategorized, Weekly Market Update

Market Action U.S. GDP expanded at a surprising 2.9% during Q3 according to economic data released Friday. The news led to a selloff in the bond market and a stronger dollar on the stronger likelihood of tighter monetary policy. European economies also reported better...