12/5/2016 Weekly Market Commentary

  Flirting with higher interest rates. Last week, yields on 10-year Treasury bonds rose to a 17-month high of 2.44 percent, reported The Wall Street Journal, before retreating to finish the week at about 2.4 percent.1 As we’ve mentioned previously, some professionals suspect the bull market in bonds, which has persisted for more than 30 years, may be headed into bear territory. In part, this is because the U.S. Federal Reserve is expected to increase the […]

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11/21/2016 Weekly Market Commentary

  This time it’s the end. Really. Possibly. It seems like professionals have been forecasting the end of the bull market in bonds for years – and they have been doing so. In July 2010, bond guru Bill Gross predicted the 28-year bull market in bonds was near an end and, as interest rates moved higher, bond values would move lower.1 The Federal Reserve’s first round of quantitative easing had ended in March 2010, and he […]

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11/14/2016 Weekly Market Commentary

  Surprise! Markets were remarkably sanguine following the election of Donald Trump to the presidency of the United States. There was a moment of panic. As election results rolled in on Tuesday, Gold prices rose and Treasury yields fell, as investors sought safe havens.1 Dow Futures, a measure of overnight sentiment, fell by 4 percent,2 and Standard & Poor’s 500 futures dropped 5 percent.3 (When index futures trade lower before the market opens, it is […]

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11/7/2016 Weekly Market Commentary

  Markets hate uncertainty – and that may create opportunities. Last week, investors experienced another bout of election jitters, and the Standard & Poor’s 500 (S&P 500) Index fell for the ninth straight session.1 The CBOE Volatility Index (VIX), a.k.a. the fear gauge, which measures the expected volatility of the S&P 500 during the next 30 days, was up more than 40 percent for the week. The shift in the VIX reflected investors’ concerns about […]

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10/31/2016 Weekly Market Commentary

It’s almost over… During July 2016, Pew Research reported almost 60 percent of Americans were suffering from election fatigue. They weren’t uninterested in the election. They were just worn out by never-ending news coverage that focused on candidates’ comments, personal lives, and standing in the polls rather than their moral character, experience, and stance on issues.1 Last week, U.S. election news overshadowed positive economic data causing U.S. stocks to lose value as investors shifted assets […]

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9/26/2016 Weekly Market Commentary

  As expected… The U.S. Federal Reserve left rates unchanged last week and markets celebrated. Across the globe, national stock market indices finished the week higher. In the United States, the Standard & Poor’s 500 Index and NASDAQ gained more than 1 percent. Not everyone was thrilled with the decision, however. Three Federal Reserve presidents cast dissenting votes. All believed interest rates should move higher. That’s the most dissents since December 2014 when even the […]

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