Weekly Market Update

Market Action  A strong jobs report published Friday could not assuage markets, pushing them down overall on the week and 2015 so far. While the headline jobs growth exceeded forecasts wage growth slipped in December, continuing a worrying trend. Volatility remains...

Weekly Market Update

Market Action Rising volatility in U.S. markets and international worries pushed major indices down for the past week. Some disappointing data, particularly in housing, took some steam out of equities. The Euro hit a multi-year low against the dollar over the weekend....

Weekly Market Update

Market Action Markets experienced their most turbulent week since the decline of mid-October. Going back to December 9th the Dow Jones lost close to 5% in the span of a week. Reasons for the decline are not entirely clear but talk of illiquidity, especially in...

Weekly Market Update

Market Action The Dow Jones Industrial Average posted its second worst week of 2014 as it joined other major global markets in a selloff of equities. The sharp downturn was led by sectors most traditionally exposed to global events, namely the energy, materials and...

Weekly Market Update

Market Action A sterling jobs report released Friday morning pushed equities in the U.S. to overcome meager data unveiled earlier in the week. The addition of 321,000 jobs in November beat forecasts by more than 75,000. Mario Draghi disappointed a small segment of...

Weekly Market Update

Market Action A shortened trading week did not prevent markets from maintaining a bullish trend. Equities rose this week as economic data out of the U.S. supported growth and commentary from Europe points to sovereign bond purchases in early 2015. The energy sector...