3/20/2017 Weekly Market Commentary

  Three steps and no stumble… Technical analyst Edson Gould developed a market rule of thumb known as ‘three steps and a stumble.’ It states stock prices may fall after the Federal Reserve (Fed) raises the Fed funds rate three times in a row without a decline, according to Market Technicians Association.1 The idea is three increases show the Fed is serious about keeping rates at a relatively high level for a significant length of […]

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3/13/2017 Weekly Market Commentary

  Rate hike ahead…maybe. Last week’s U.S. employment report was better than expected. The United States added 235,000 jobs in February, which was a few more than economists had forecast.1 It may seem counterintuitive, but the positive economic data helped push U.S. stock markets lower. The jobs report was a sign the American economy continues to be strong and indicates a rate hike may be on the horizon. Barron’s reported:1 “If anything, the data just […]

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6/13/2016 Weekly Market Commentary

  The British may be leaving. The British may be leaving. Last week, the interest rate on 10-year U.S. Treasuries dropped to levels last seen in 2013. Why, you may ask, would bond yields move lower when Federal Reserve policy is to push interest rates higher? The answer can be found across the pond. On June 23, the United Kingdom, a.k.a. Britain, will vote on whether the country should remain in the European Union (EU) […]

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