by Joel Charalambakis | Sep 19, 2015 | Uncategorized, Weekly Market Update
Market Action The September meeting of the Federal Reserve came and went without a change in monetary policy. Citing the effects on inflation from global weakness Janet Yellen still reiterated expectations for a rate increase this year. Stocks rallied initially on the...
by Joel Charalambakis | Sep 12, 2015 | Uncategorized, Weekly Market Update
Market Action In the week before a long anticipated Fed meeting markets calm relative to their recent actions over the past month. Data was mixed on the week, with Job openings suggesting labor market confidence but consumer sentiment disappointing. The data, combined...
by Joel Charalambakis | Aug 28, 2015 | Uncategorized, Weekly Market Update
Market Action Wall Street saw one of its most dramatic and volatile weeks since the financial crisis. After opening Monday down 1,000 points the Dow Jones Industrial Average surged back to post a gain of over 1% this week led by Energy and Technology. While U.S....
by Joel Charalambakis | Aug 21, 2015 | Uncategorized, Weekly Market Update
Market Action A devastating week for the markets has left investors searching for answers. More worries about China and the implications for global growth have been blamed, as have concerns about earnings growth for some key American firms. Investors worry that a...
by Joel Charalambakis | Aug 14, 2015 | Uncategorized, Weekly Market Update
Market Action All three U.S. averages overcame a turbulent week to post slight gains on the week. Energy stocks led the way despite further declines in the price of crude oil. China’s devaluation sparked volatility across asset classes this week. The People’s Bank of...
by Joel Charalambakis | Aug 8, 2015 | Uncategorized, Weekly Market Update
Market Action Utilities were once again a leading sector in U.S. equity markets this week as stocks delivered weak results. With the 10-Year treasury yield once again dipping below 2.2% investors sought out the high dividends offered by utilities. Employment data for...