Weekly Market Update

 Market Action French bond yields and spreads to benchmark German bonds narrowed throughout the course of the week as the nation heads to the polls. The race is a tight contest between four major candidates. Since no majority for anyone is expected, a runoff in May is...

Weekly Market Update

 Market Action The dollar fell against a number of currencies on Thursday, particularly the Yen and Yuan, as President Trump declared China to not be a currency manipulator and that he believed the dollar was too strong. In addition, the President declared that he...

Weekly Market Update

 Market Action Minutes of the Federal Reserve’s March meeting were released this week and portions of their content caught markets by surprise. There was wide agreement among board members that the central bank should begin shrinking its balance sheet by year end as a...

Weekly Market Update

 Market Action Brexit is officially a reality as Theresa May invoked Article 50 to remove the United Kingdom from the European Union. The maneuver sets off two years of negotiations on issues such as trade and immigration that will influence the entire future of the...

Weekly Market Update

 Market Action The stock market’s streak of consecutive days without a 1% move down ended at 67 days, the longest streak on record. Politics is being blamed for the downturn as investors are reversing their “Trump trade” bets, fearing the President will not be able to...

Weekly Market Update

 Market Action The Federal Reserve proceeded with another rate hike this week, just as markets expected. Chair Janet Yellen cited confidence in the progression of the economy’s fundamentals as the reason for the rate hike while affirming the expectation for two...