by Joel Charalambakis | Jul 24, 2016 | Weekly Market Update
Market Action Another week of positive performance for U.S. equities comes in the midst of earnings season. So far, corporate profits have come in stronger than analyst expectations but still seem to be on track for the sixth consecutive decline. Of relief to market...
by Joel Charalambakis | Jul 16, 2016 | Weekly Market Update
Market Action US equities followed up on last week’s highs by resoundingly breaking out of their range bound trading zone of the past couple of years to set brand new peaks. Financials led the rally thanks to interest rates bouncing sharply off their all-time lows as...
by Thierry Malleret | Jul 5, 2016 | Weekly Market Update
June 2016 Britain’s decision to exit the EU may constitute the first step on a “stairway to Hell”, throwing up a tangle of economic, financial, societal, legal, political and other issues of unfathomable complexity. The divorce will take years to play out and...
by Joel Charalambakis | Jul 2, 2016 | Weekly Market Update
Market Action After another dismal trading session in the wake of the Brexit vote markets stormed a reversal and posted a strong gains on the week, including London’s FTSE which had its best week in years. Despite the risk-on attitude it was defensive sectors...
by Joel Charalambakis | Jun 26, 2016 | Weekly Market Update
Market Action Despite recent polling data and betting markets strongly pointing towards a vote for remaining with Europe, “Brexit” became a reality. The U.K.’s choice to exit the European Union sent risky assets into a tail spin. Stocks sold off around the world on...
by Joel Charalambakis | Jun 18, 2016 | Weekly Market Update
Market Action Central banks around the world stood pat and let Brexit take center stage in market commentary this week. The Fed, BOJ, and Bank of England all kept interest rates unchanged but bonds continued to rally over the uncertainty of next week’s referendum in...