This Past Week in the Markets
U.S. stocks had modest losses this past week with foreign developed stocks having sharper losses. Congress passed a bipartisan bill to roll back some aspects of the Dodd-Frank legislation from the financial crisis. The bill loosens some rules for smaller banks but keeps in place many of the oversight provisions in the 2010 law for […]
The Past Week in the Markets
US Stocks had modest losses with developed market stocks faring worse and emerging markets having sharp losses for the week. Interest rates were higher with the 10-year treasury going above 3.1% mid-week, creating a steeper yield curve. Energy and agricultural commodity prices were higher for the week with West Texas Intermediate oil touching on $72 […]
The Past Week in the Markets
U.S. and foreign stocks ended the week with substantial gains and emerging market stocks were up more sharply. The U.S. pulled out of the Iran deal but all other parties to the agreement plan to stay in. It is unknown at this point how much the sanctions will affect the Iranian economy and world oil […]
The Past Week in the Markets
Despite Friday’s rally, U.S. stocks were down modestly. Developed foreign stocks had significant gains and emerging markets had substantial losses. The Federal Reserve met this week and, as expected, left interest rates unchanged with little change to their wording and the forecast for two more 0.25% rate increases this year. Inflation moved closer to the […]
