by Joel Charalambakis | Aug 2, 2015 | Weekly Market Update
Market Action Some poor earnings reports from a handful of notable companies and weaker than expected economic data kept equity markets in check for much of the week. With the poor data in hand Treasury yields fell giving a boost to the dividend rich Utilities and...
by Thierry Malleret | Jul 31, 2015 | Weekly Market Update
The global economic backdrop of slow and diminishing growth forecasts is being exacerbated by the financial drama occurring in countries as diverse as China and Greece. There is no end in sight to this morass, because everywhere, incremental policy-making prevails....
by Joel Charalambakis | Jul 17, 2015 | Weekly Market Update
Market Action With an agreement between Greece and its creditors secured over the past weekend major averages around the world rallied and renewed optimism for equity investors. The Technology and Financial sectors led the way in the U.S. thanks to strong earnings...
by Joel Charalambakis | Jul 12, 2015 | Weekly Market Update
Market Action The major U.S. averages stayed relatively flat throughout the week. The emphatic “No” vote in Greece weighed down markets early on in the week before a new proposal by the Greek government Thursday night helped spark some recovery. Renewed fears over...
by Joel Charalambakis | Jul 3, 2015 | Weekly Market Update
Market Action Markets started the week in the red across the world thanks to Greece’s abandonment of negotiations and surprise call for a referendum. Equities in the U.S. recovered some losses but still ended the week down more than 1% across the major indices....
by Thierry Malleret | Jul 2, 2015 | Weekly Market Update
The macro backdrop for the rest of the year is the following: (1) lower global growth (around 3%) than expected; (2) higher headline inflation prompted by oil base effects, but subdued core inflation; (3) sharp deceleration of growth across emerging markets (EMs); (4)...