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...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...Weekly Market Update
Market Action Volatility returned to the markets in a big way with the VIX rising 40% and giving stocks their worst day since the Brexit vote. Among the factors being cited as the cause of Friday’s sell off is inaction by the ECB. Mario Draghi did not announce any new...Weekly Market Update
Market Action The U.S. economy added 151,000 jobs in July, below expectations, and wage gains were modest. In light of recent chatter by Fed officials on the timing of rate hikes the report suggests a September increase is unlikely, lifting stocks. British...Monthly Barometer’s Forward-Looking Monthly Review: An Interdisciplinary View of our Complex Global Economy
August 2016 If we had to capture the mood at Jackson Hole (the meeting of central bankers) with just one word, it would be: anxiety. Despite participants putting on a brave face, there was a sense that central banks’ activism has run its course and is now increasingly...Sign Up for Our Publications
