The Past Week in the Markets
Stocks ended a volatile week lower, with small company stocks having substantial losses. The FED surprised by indicating no rate increases likely for 2019. The dovish stance caused stocks to rise on Thursday. However, on Friday a sharp slowdown in German manufacturing coupled with the FED’s dovish stance raised concerns that a global slowdown would […]
The Past Week in the Markets
Stocks ended the week with substantial gains, with the Nasdaq index having the largest gains. Economic data was mixed, but continued optimism over a trade deal with China and stimulus in China, Europe and Japan helped drive the markets. Also, the gains on Friday were influenced by quarterly options and futures expiration and the rebalancing […]
Weekly Market Commentary
U.S. and global stocks saw substantial losses as global growth worries dampened investor sentiment. Events on Thursday and Friday drove the selloff: On Thursday, the European Central Bank, that just ended its €2.9TN bond buying program less than three months ago, reversed course and announced new stimulus. While extending the current ultra-low interest rates, the […]
The Past Week in the Markets
Stocks indexes ended the week modestly lower, despite a rally on Friday. Emerging markets saw larger losses. While progress is apparently being made on a trade deal with China, specific details have not been announced. The U.S. Dollar rose against a basket of currencies as the yield on the 10-year Treasury rose from 2.667% to […]
