Market Action The major U.S. equity indices posted small losses on the week despite some pockets of strength within the market. The managed care and athletic apparel industries provided strong results this week thanks to a coming consolidation in the former and...

Market Action After a few weeks of disappointing returns the major averages in the U.S. posted solid gains led by the Healthcare and Consumer sectors. European markets continue to be plagued by the lack of progress between Greece and the troika. Janet Yellen offered...

Market Action Despite a turbulent Friday the major averages delivered small gains this week, save for the tech heavy Nasdaq. While yields fell on the week the rising trend and widening spreads with corporate bonds lifted Financials this week. Another week has gone by...

Market Action Both equity and fixed-income assets sold off this week, posting poor results for the second straight week. The drama in Greece and the impact currencies are having on asset markets continue to dominate the news. After the strong jobs report released on...

On all fronts, global economic growth remains soft: facing headwinds in the US, tepid in the Eurozone, underwhelming in Japan and decelerating across emerging markets (with exceptions, such as India). For reasons expanded below, and barring a productivity miracle...

Market Action U.S. stocks performed poorly this week as all sectors sustained losses. Poor economic data, led by a revision for Q1 GDP to -0.7%, contributed to the selloff on Friday but equities still remain within a tight range. Japan’s Nikkei hit a 15-year high on...

Market Action Equity markets in the U.S. remained subdued again this week in light of little economic data. Earnings reported this week, most notably from the retail sector, were mixed as expected. Stocks remain in a tight trading range while long-term bonds go...