by Joel Charalambakis | Jan 25, 2015 | Uncategorized, Weekly Market Update
Market Action Markets got the sugar rush they had long been craving as Mario Draghi announced a QE program involving €60 billion per month starting next month through at least September 2016. Equities around the world rallied, including the U.S. where the major...
by Joel Charalambakis | Jan 23, 2015 | Uncategorized
Geopolitical Headlines Saudi Arabia Saudi Arabia’s King Abdullah Azziz al-Saud passed away on Thursday at the age of 90. He had been hospitalized with a case of pneumonia for weeks. His half-brother Salman has assumed the throne to the Kingdom. Onlookers have long...
by Joel Charalambakis | Jan 16, 2015 | Uncategorized, Weekly Market Update
Market Action U.S. markets on Friday ended a five-day streak of losses for risk assets. A combination of weak economic data, global growth concerns and disappointing Q4 earnings contributed to the declines. The story of the week in financial markets was the surprise...
by Joel Charalambakis | Jan 9, 2015 | Uncategorized, Weekly Market Update
Market Action A strong jobs report published Friday could not assuage markets, pushing them down overall on the week and 2015 so far. While the headline jobs growth exceeded forecasts wage growth slipped in December, continuing a worrying trend. Volatility remains...
by Joel Charalambakis | Jan 4, 2015 | Uncategorized, Weekly Market Update
Market Action Rising volatility in U.S. markets and international worries pushed major indices down for the past week. Some disappointing data, particularly in housing, took some steam out of equities. The Euro hit a multi-year low against the dollar over the weekend....