The Past Week in the Markets

03 Dec

U.S. stocks saw substantial gains this week while foreign stocks saw more modest gains.  There was a powerful rally on Wednesday following FED Chairman Powell’s comments that the FED has raised interest rates just below neutral and further rate hikes would be data dependent.  While one more quarter point hike is nearly certain in December, […]

The Past Week in the Markets

26 Nov

Stocks ended the holiday shortened week significantly lower with foreign stocks and small cap stocks declining less than U.S. large cap stocks as trade concerns weighed on the markets.  Volumes were very light on Friday’s shortened trading day.  The 10 year treasury yield fell to 3.08% and the dollar gained against a basket of currencies.  […]

The Past Week in the Markets

19 Nov

Despite generally good economic data, U.S. stock indexes ended the week lower.  Foreign stock indexes were generally higher with emerging markets stocks having strong gains.  The markets fluctuated based on various comments from the Trump administration regarding trade.  U.S. and Chinese officials at multiple levels met to discuss trade prior to the G20 summit meeting […]

The Past Week in the Markets

12 Nov

U.S. stocks ended the volatile week significantly higher but foreign stocks were generally down.  There was a strong post-election rally on Wednesday but markets gave back some of the gains on Thursday and Friday.  On Thursday as expected, the Federal Reserve left interest rates unchanged but left the door open to a December rate increase […]

The Past Week in the Markets

05 Nov

October was the worst month since 2011 as trade fears weighed on the markets.  At its worst, the S&P 500 index was down nearly 10% from its September 20th high to its October 29th low but the month ended on a strong note that extended into November as optimism rose that negotiations with China could […]

The Past Week in the Markets

29 Oct

October maintained its reputation as a volatile month.  Stocks ended the week significantly lower despite strong gross domestic product growth and headline earnings.  Warnings about future earnings from industrial and technology companies were attributed to some of the selloff.  The Treasury Department reported that overseas purchases of Treasury securities has declined with foreigners buying only […]

The Past Week in the Markets

22 Oct

October retained its reputation as a volatile month.  Stocks ended the volatile week with little change.  The early week rally faded after the FED released its September minutes on Wednesday indicating that gradual interest rate increases are likely to continue.  Economic data were mixed for the week.  The 10 year Treasury yield moved back up […]

The Past Week in the Markets

15 Oct

It was a wild ride this week as U.S. and foreign stocks sold off sharply on Wednesday and Thursday with a rebound on Friday.  The Dow 30 Industrials fell about 5.5% over two days rebounding about 1.15% on Friday.  Technology stocks were especially hard hit but had been some of the biggest gainers this year.  […]

The Past Week in the Markets

08 Oct

Stocks sold off as interest rates soared to highest since 2011.  The 10-year treasury rose 0.15% to 3.227%, the highest since 2011.  There were multiple factors attributable to the rate increase. The FED started decreasing the size of its balance sheet a year ago by $10BN a month and increasing it $10BN a month each […]

The Past Week in the Markets

01 Oct

Most stock indexes were lower for the week with developed international stocks fairing the worst.  The Nasdaq index ended with a modest gain.  As expected, the FED raised its short term interest rate to between 2% and 2.25%.  The language of the FED’s announcement no longer states that the FED is accommodative and indicated that […]