By: Joel Charalambakis | On: May 28, 2017 |
Market Action Moody’s lowered China’s credit rating by two notches this week citing surging liabilities and weakening financial strength within the country. The move marks the first rating downgrade of […]
By: Joel Charalambakis | On: May 21, 2017 |
Market Action The Euro hit its highest level in several months this week as the dollar fell for over five consecutive days. German elections that point to Merkel being reelected, […]
By: Joel Charalambakis | On: May 14, 2017 |
Market Action The U.S. and China stuck an agreement on a 10 point trade package on Friday centered around good and services such as beef, poultry, natural gas, financial services […]
By: Joel Charalambakis | On: May 6, 2017 |
Market Action The April employment report came in much stronger than expectations. The unemployment rate fell to 4.4%, a post-crisis low on the heels of 211,000 jobs created in April. […]
By: Joel Charalambakis | On: April 30, 2017 |
Market Action After France’s election equity markets took off across the globe, approaching recent highs. The Euro reached a five-month high after the results of France’s election and the […]
By: Joel Charalambakis | On: April 23, 2017 |
Market Action French bond yields and spreads to benchmark German bonds narrowed throughout the course of the week as the nation heads to the polls. The race is a tight […]
By: Joel Charalambakis | On: April 15, 2017 |
Market Action The dollar fell against a number of currencies on Thursday, particularly the Yen and Yuan, as President Trump declared China to not be a currency manipulator and that […]
By: Joel Charalambakis | On: April 9, 2017 |
Market Action Minutes of the Federal Reserve’s March meeting were released this week and portions of their content caught markets by surprise. There was wide agreement among board members that […]
By: Joel Charalambakis | On: April 2, 2017 |
Market Action Brexit is officially a reality as Theresa May invoked Article 50 to remove the United Kingdom from the European Union. The maneuver sets off two years of negotiations […]
By: Joel Charalambakis | On: March 25, 2017 |
Market Action The stock market’s streak of consecutive days without a 1% move down ended at 67 days, the longest streak on record. Politics is being blamed for the downturn […]