Weekly Market Update

Market Action Central banks around the world stood pat and let Brexit take center stage in market commentary this week. The Fed, BOJ, and Bank of England all kept interest rates unchanged but bonds continued to rally over the uncertainty of next week’s referendum in...

Weekly Market Update

 Market Action As the Fed prepares for its June meeting, investors continued to flock to haven assets and safer equities this week. Bonds rallied, the Telecommunications sector posted gains, and volatility rose over 10% on Friday alone. Japanese machine orders plunged...

Weekly Market Update

 Market Action A poor jobs report on Friday sent shocks throughout markets around the globe. The dollar abruptly fell as skepticism renewed over the Fed raising rates at some point over the next two months. Bonds rallied and stocks fell on the day as well. Defensive...

Weekly Market Update

 Market Action Investors continued to shy away from risk assets throughout the week as global shares hit a six-week low before regaining some ground on Friday. Money has flowed out of equities for the sixth straight week according to Bank of America and flocked to...

Weekly Market Update

 Market Action Equities posted their third consecutive week of losses in the U.S. amid mixed data from corporate earnings and economic variables. The retail sector was in heavy focus as several major firms posted weak quarters while retail sales data on Friday was the...

Weekly Market Update

 Market Action The past week started positively for risk assets but turned sour on Thursday and Friday with markets reverting to their trends for the first six weeks of the year. Some disappointing earnings reports from leading names, including Apple, and chatter from...