8/29/2017 Weekly Market Commentary

  Hope floats. Optimism about possible pro-growth economic policies, including tax reform and deregulation, helped U.S. stock indices finish higher last week, reported Barron’s.1 It wasn’t all smooth sailing, though. Stocks bobbed up and down as investors’ optimism was weighted by concerns about a possible debt-ceiling battle and government shutdown.2 CNN offered some insight to the historic economic impact of government shutdowns on productivity:2 “The last time the government was forced to close up shop […]

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7/17/2017 Weekly Market Commentary

  It was a good week for a lot of stocks but not bank stocks. The Standard & Poor’s 500 (S&P 500) Index and the Dow Jones Industrial Average (DJIA) both finished at record highs last week.1 Barron’s indicated investors owe Federal Reserve Chair Janet Yellen a debt of gratitude:2 “The main force behind the rally was the dovish performance by Federal Reserve Chair Janet Yellen in Congress on Wednesday and Thursday when she reiterated […]

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7/10/2017 Weekly Market Commentary

  Things you may want to know… Last Friday, Financial Times (FT) published, ‘Five markets charts that matter for investors.’ Among the issues addressed in the charts were: • The bond market bear watch. The yield on 10-year German Bunds (Germany’s government bonds) reached an 18-month high of 0.58 percent recently. Yields rose after the European Central Bank’s Mario Draghi indicated its stimulus efforts would end at some point.1 When bond yields rise, bond values […]

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5/8/2017 Weekly Market Commentary

  Is it complacency? Exuberance? Uncertainty? Exhaustion? Insight? Intuition? Last week, all three major U.S. stock markets gained value and two reached new record highs. On the face of it, that’s great news for stock investors. However, if you look below the surface, the markets’ upward trend may have you scratching your head.1 Barron’s reported:1 “That the S&P would hit a new high was all the more surprising given the lack of reaction to major […]

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