2/27/2017 Weekly Market Commentary

  Once upon a time, five blind men discovered an elephant. Each man examined a different part of the elephant and formed a unique impression about the animal. One believed an elephant was like a pillar, while another decided an elephant was like a snake.1 In recent weeks, stock and bond markets have been telling different stories, too. Following a rally on Friday, the Dow Jones Industrial Average finished at a record high for the […]

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1/30/2017 Weekly Market Commentary

  An historic moment for U.S. stock markets… The Dow Jones Industrial Average surpassed 20,000 last week. Barron’s cautioned investors not to make too much of the milestone since, “There are only 30 stocks in the index so each one carries a lot of weight.”1 Regardless of the significance of the Dow’s move, U.S. stock markets generally were upbeat about President Trump’s first week in office. Financial Times reported ‘animal spirits’ – a term British […]

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