Market Commentary

August 22, 2016 - Market Update

Most market movements were benign last week with equity indices largely unchanged. Interest rates did move up in the U.S. in a relatively parallel fashion, up approximately 6 basis points across the curve. The U.S. dollar continued to bleed lower last week, hitting 3-month lows against the Yen and Franc. Anemic economic growth in Europe [...]

August 15, 2016 - New same day market highs for S&P 500, DJIA, NASDAQ

It has now been 50 days since the biggest geopolitical event of the summer, Brexit. As opposed to prevailing market sentiment in the immediate aftermath, markets have gone on to post impressive returns and record highs. That sentiment continued last week in the U.S. as all three major indices (DJIA, S&P 500, NASDAQ) marked all-time highs on the same day (Thursday) which hasn't happened since 1999. [...]

August 1, 2016 - Is the rally at an end?

Despite hitting all new highs in the previous week, equity markets could not keep up the positive momentum. The S&P 500 slipped a few points from the high watermark, falling to 2173.6. The Dow (-1.0%) dropped while the NASDAQ (1.2%) rallied from a good week in tech [...]

July 18th, 2016 - Market Update

Equity markets ripped to new all-time highs last week, re-confirming the bull market that began March 6th, 2009. We are now in the midst of the second longest bull market in history. [...]

< 1 of 19 >