Weekly Market Update

Market Action Stocks welcomed the first interest rate increase in nearly a decade with a strong rally on Wednesday but gave up gains the following two days and closed down on the week. Energy and materials continued their dismal performance this year. Argentina lifted...

Weekly Market Update

Market Action Global equity markets sold off considerably this week. Renewed volatility in energy, tremors in high-yield debt and widespread expectations of tightening monetary policy from the Fed next week were all contributing factors. OPEC’s decision to keep with...

Weekly Market Update

Market Action Thanks to a strong jobs report on Friday U.S. stocks rallied to end the week slightly positive. European equities declined sharply this week after a disappointing policy announcement from the ECB relative to expectations. The ECB lowered its main policy...

Weekly Market Update

Market Action Despite continuing concerns about the vibrancy of the retail sector stocks posted a strong week, led by the Consumer Discretionary sector. Emerging markets are posed to record their first acceleration in growth in 2016 since 2010 according to a new...

Weekly Market Update

Market Action Stocks delivered one of their worst weeks since August, when China’s devaluation and macro concerns sparked volatility. Every sector, save for Utilities, saw a sharp downturn as poor retail sales and earning reports combined with increased tightening...

Weekly Market Update

Market Action Stocks ended October posting some of their best monthly gains in years. 76% of reporting firms have surpassed their earnings expectations thus far in Q3 although sales figures continue to be held back by the strong dollar. It seems companies are on their...