by Joel Charalambakis | Dec 20, 2014 | Uncategorized, 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...
by Joel Charalambakis | Dec 12, 2014 | Uncategorized, 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...
by Joel Charalambakis | Dec 5, 2014 | Uncategorized, 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...
by Joel Charalambakis | Nov 29, 2014 | Uncategorized, 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...
by Joel Charalambakis | Nov 22, 2014 | Uncategorized, Weekly Market Update
Market Action The stock markets in the U.S. experienced another uplifting week thanks to positive internal data as well as a wave of monetary support offered by authorities in China and Europe. Core inflation levels inched closer to targets set by the Federal Reserve...
by Joel Charalambakis | Nov 14, 2014 | Uncategorized, Weekly Market Update
Market Action Markets were relatively calm across al asset classes this week in the U.S. Earnings season continues to support a positive tone to equity markets as roughly three quarters of firms have reported bottom lines above estimates. Asian markets rose in the...