Weekly Market Commentary

Weekly Market Commentary

Weekly Market Commentary

US equity markets ended the week with a powerful move to the upside after Fed Chairman J. Powell indicated that the balance of risk had shifted to the labor market, leaving the door open for a September rate cut.  The final day of trading wiped out losses incurred in...

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Weekly Market Commentary

Weekly Market Commentary

Global financial markets had another positive week as the Dow Jones Industrial Average finally joined the S&P 500 and the NASDAQ with a new all-time high.  Benign consumer inflation increased the probability of a September rate cut to 99% and fostered the idea of...

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Weekly Market Commentary

Weekly Market Commentary

Global financial markets rallied last week as investors stepped in again to buy the prior week’s dip in prices.  Japan, Germany, Spain, and Italy were international market standouts.  In the US, the S&P 500 fell just shy of a new all-time high, while the...

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Weekly Market Commentary

Weekly Market Commentary

Markets forged another set of all-time highs before taking a step back last week as a deluge of information had to be digested by investors.  August 1st was the tariff deadline, and while some deals were made ahead of the deadline, several other countries had their...

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Weekly Market Commentary

Weekly Market Commentary

The S&P 500 and NASDAQ reached another set of all-time highs, driven by constructive rhetoric on global trade and positive second-quarter earnings results from influential companies such as Alphabet.  The S&P is up 8.6% year to date, while the NASDAQ is up...

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Weekly Market Commentary

U.S. equity markets were little changed for the week; that said, the S&P 500 and NASDAQ were able to forge another set of all-time highs. A busy Q2 earnings calendar saw 12% of the S&P 500 report earnings.  Earnings from several large banks came in better than...

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Weekly Market Commentary

A barrage of tariff letters sent to over 20 countries by President Trump yielded very little movement in the financial markets.  Trump announced that there would not be additional extensions to negotiations and that tariff levels sent in these letters would go into...

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Weekly Market Commentary

Weekly Market Commentary

The holiday-shortened week produced another week of gains for US equity indices.  The S&P 500 was up 10.6 % in the 2nd quarter, while the NASDAQ composite rose 17.8%.  Trump’s reconciliation bill was passed by the Senate and subsequently approved by the House,...

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Weekly Market Commentary

The S&P 500 and the NASDAQ joined the NASDAQ 100 in forging new all-time highs in an extremely busy week for Wall Street.  A de-escalation of the Iran-Israel-US conflict happened on the twelfth day after Israel's initial strikes.  The US bombed three key nuclear...

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