Weekly Market Update
Market Action Global equities suffered their biggest weekly decline since February, partly because of rising US bond yields. For months, US equities have ignored macro issues such as the deepening US-China trade rift and have advanced despite typically weak seasonal...Trying to Make Sense of Recent Market Movements
Yesterday’s drop of more than 3% in equities generated concerns about experiencing a correction similar to the one that we saw earlier this year. The fact is that the market has declined by about 5% in the last five days, and tech-related shares have lost about 8.5%,...Weekly Market Update
Market Action Global equities declined on the week amid rising treasury yields and the Fed’s pursuit of rates that will exceed a neutral stance. The US 10-year Treasury note rose to its highest level in more than 7 years. The price of WTI Crude oil increased slightly...Towards a Policy of Rate Neutrality: Implications for Asset Allocation
Since December 2015 the Fed has raised short-term interest rates eight times (from 0-0.25% where it stood in December 2015) to the current level of 2-2.25%. Analysts anticipate that the Fed will continue raising rates. Actually, the expectation is that the FOMC will...Weekly Market Update
Market Action Asian stocks ended the third quarter on a strong note. Japan’s Nikkei 225 led major indexes in the region with a more than 1% gain, while China’s Shanghai Composite Index rose nearly 1%. Japan’s benchmark index hit peaks not seen in...Sign Up for Our Publications
