Weekly Market Update

 Data out of the US was mild at best this week. Regardless the Dow and S&P 500 posted small losses while the Nasdaq gained. Q1 GDP was revised down to  -2.9%, a wide miss from the expected -2% and the original -1% posted. Mortgage data, durable goods orders and...

Weekly Market Update

Market Action Equities in the US returned to posting gains this week despite data that continues to portray a mixed recovery. Fed Chairwoman Yellen indicated a growing consensus in the FOMC of moving up the timeline for the first rate increase but lowering...

Weekly Market Update

Market Action  Stocks in the US ended their positive run with a down week. Data such as retail sales and consumer confidence were disappointing relative to expectations. Escalated turmoil in Iraq and Syria cooled risk taking sentiment.  Energy markets saw big gains on...