by Joel Charalambakis | Oct 22, 2016 | 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...
by Ken Rietz | Oct 15, 2016 | Weekly Market Update
Market Action The British Pound continue its slide this past week. At one point dropped below $1.20. The fact that the British government may be preparing for a hard exit – which the Financial Times estimate could cost her between £20-40 billion – seems to be main...
by Ken Rietz | Oct 8, 2016 | Weekly Market Update
Market Action The IMF’s Global Financial Stability Report indicates that the one of the biggest dangers now is bank profits. Comex gold dropped significantly on Wednesday. Barrick, Freeport-McMoRan, and Goldcorp all reported bad news that day. Deutsche Bank...
by Thierry Malleret | Sep 30, 2016 | Weekly Market Update
September 2016 More and more, decision-makers and market participants are coming to the realization that ultra-low interest rates reflect profound structural issues – most notably global ageing, falling productivity rates and rising inequalities – as much as...
by Joel Charalambakis | Sep 25, 2016 | Weekly Market Update
Market Action Another FOMC meeting and another pass on a rate hike as the Federal Reserve left rates unchanged and lowered its forecast for future interest rates. Stocks rallied even though Chairwoman Yellen provided a strong indication that a hike will occur before...
by Joel Charalambakis | Sep 17, 2016 | Weekly Market Update
Market Action Markets recovered some of their losses from last week as the Nasdaq approaches an all-time high thanks to Apple’s resurgence in the midst of iPhone 7 demand. Median household income rose at the greatest rate in nearly a generation according to data...