Weekly Market Update

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...

Weekly Market Update

Market Action   While equity markets in the U.S. pulled out small gains fixed income movements dominated discussion during this past week. Considerable moves in longer term bonds in the U.S. and Europe captured attention with benchmark rates hitting their highs...

Weekly Market Update

Market Action Thanks to a strong rally following the April jobs report U.S. markets were able to recover from their grizzly performance earlier in the week. Bonds also sold off, pushing yields higher and fueling the Financials sector’s leadership for the week. The...

Bitcoin Needs Smart and Safe Regulation

Blacksummit Financial Group is honored to share with its readers the following post from Lawrence Goodman. Mr. Goodman currently serves as the President of the Center for Financial Stability. As Mr. Goodman states: “My recent opinion piece for Roll Call explores...