Weekly Market Update
by Andy Quirk Market Action The U.S. Federal Government officially shut down in the early hours of Saturday as Democrats blocked a stopgap spending measure, allowing government funding to expire. The funding dispute is largely over funding for the Deferred...Weekly Market Update
Market Action The Euro rose to a three-year high versus the dollar on Friday after German party leaders reached a breakthrough in talks to form a “grand coalition” and minutes from the ECB’s mid-December meeting signaled the ECB could slow its stimulus...Weekly Market Update
Market Action The Dow Jones Industrial Average closed above 25,000 for the first time on Thursday, while the FTSE 100 and MSCI Asia Pacific also closed at all-time highs during the week. All three major US stock indices – the Dow, the S&P 500, and the Nasdaq –...Weekly Market Update
Market Action World stocks, as measured by the MSCI All-Country World Index, have risen every month this year – the first time in its history that a calendar year has passed without a monthly decline. (In fact, the index hasn’t had a down month since October 2016.) It...Weekly Market Update
Market Action The US tax reform bill was passed by both houses of Congress this week and signed into law on Friday. The law will reduce taxes for corporations and revamp taxation of multinational companies to encourage repatriation. The measure will also offer...Sign Up for Our Publications
