by Joel Charalambakis | Dec 4, 2016 | Uncategorized, Weekly Market Update
Market Action Markets tempered their recent rally despite positive economic news from a number of sources this week. Tech stocks sold off as the rising dollar threatens overseas sales. The dollar continues to move higher as markets price in a Fed rate hike at the next...
by Joel Charalambakis | Nov 19, 2016 | Uncategorized, Weekly Market Update
Market Action Equities continued to march higher this week amid hopes for a lighter tax and regulatory regime in the future administration. Japan’s monetary authorities announced a plan to buy unlimited amounts of 10-year bonds at fixed rates on Friday. Yields had...
by Joel Charalambakis | Nov 12, 2016 | Uncategorized, Weekly Market Update
Market Action A wild week in trading ended with U.S. stocks posting new highs despite the surprise election of Donald Trump as the 45th President. Futures crashed during the election, down over 5%, but recovered to post strong gains. Stocks moved on speculation of...
by Joel Charalambakis | Nov 5, 2016 | Uncategorized, Weekly Market Update
Market Action U.S. equities have ended each of the past 9 sessions lower, the longest losing streak since 1980. While employment data came in slightly below expectations on Friday, most of the negative sentiment is being attributed to a volatile election season. The...
by Joel Charalambakis | Oct 30, 2016 | Uncategorized, Weekly Market Update
Market Action U.S. GDP expanded at a surprising 2.9% during Q3 according to economic data released Friday. The news led to a selloff in the bond market and a stronger dollar on the stronger likelihood of tighter monetary policy. European economies also reported better...
by Joel Charalambakis | Oct 22, 2016 | Uncategorized, Weekly Market Update
Market Action Markets in the U.S. were largely flat on the week as Earnings season begins to gather momentum. Financials were among the best sectors thanks to strong earnings posted by banks. Saudi Arabia raised over $17 Billion in the largest bond sale ever by an...