by The BlackSummit Team | Jun 7, 2014 | Weekly Market Update
Market Action Equities in the US closed at all time highs as the nation continues a slow but steady recovery. The jobs report published on Friday slightly beat expectations and revealed that the US economy has recovered all jobs lost during the Financial Crisis,...
by The BlackSummit Team | May 31, 2014 | Weekly Market Update
Market Action US equity markets closed the month of May posting gains. It marks the fourth month in the year that stocks have posted gains. The S&P 500 and Dow Jones closed Friday at record highs Despite gains in equities the week was marked by considerable...
by The BlackSummit Team | May 25, 2014 | Weekly Market Update
Market Action Stock markets in the US posted their first gains in three weeks. The S&P 500 closed at a record high on Friday despite little in the way of earnings or economic news this past week. US Treasury Bonds dominated market commentary early in the week as...
by The BlackSummit Team | May 17, 2014 | Weekly Market Update
Market Action A positive start to equities this week quickly reversed course by the time markets opened on Wednesday. Low US Retail Sales prefaced poor data from China and Australia and contraction in Europe. In addition private forecasters expect US Q1 GDP growth to...
by The BlackSummit Team | May 11, 2014 | Weekly Market Update
5 insightful op-eds or articles to help make sense of today’s world Room for Debate: “How to Regulate Disruption” (The New York Times, May 6, 2014 – metered paywall) As a growing number of apps and online services give consumers more direct control over their choices,...