Weekly Market Update

Market Action Despite a turbulent Friday the major averages delivered small gains this week, save for the tech heavy Nasdaq. While yields fell on the week the rising trend and widening spreads with corporate bonds lifted Financials this week. Another week has gone by...

Weekly Market Update

Market Action Both equity and fixed-income assets sold off this week, posting poor results for the second straight week. The drama in Greece and the impact currencies are having on asset markets continue to dominate the news. After the strong jobs report released on...

Weekly Market Update

Market Action U.S. stocks performed poorly this week as all sectors sustained losses. Poor economic data, led by a revision for Q1 GDP to -0.7%, contributed to the selloff on Friday but equities still remain within a tight range. Japan’s Nikkei hit a 15-year high on...

Weekly Market Update

Market Action Equity markets in the U.S. remained subdued again this week in light of little economic data. Earnings reported this week, most notably from the retail sector, were mixed as expected. Stocks remain in a tight trading range while long-term bonds go...

Weekly Market Update

Market Action   While equity markets in the U.S. pulled out small gains fixed income movements dominated discussion during this past week. Considerable moves in longer term bonds in the U.S. and Europe captured attention with benchmark rates hitting their highs...

Weekly Market Update

Market Action Thanks to a strong rally following the April jobs report U.S. markets were able to recover from their grizzly performance earlier in the week. Bonds also sold off, pushing yields higher and fueling the Financials sector’s leadership for the week. The...