Weekly Market Commentary – June 28, 2016

Weekly Market Commentary – June 28, 2016

SURPRISE! Britain is leaving the European Union (EU) after 40 years of membership. Last Thursday, almost three-fourths of voters in Britain – about 30 million people, according to the BBC – cast ballots to determine whether the United Kingdom would remain in the EU....
Brexit Vote

Brexit Vote

The Brexit vote is nearly upon us. Two campaigns, Brexit and Stronger In Europe, have been vying for support since the initiative was announced and now there is only one week left until British voters have their say. A play on the term “Grexit” where...
Weekly Market Commentary – June 21, 2016

Weekly Market Commentary – June 21, 2016

The world’s stock markets took it on the chin last week. A one-two punch was delivered with the Federal Open Market Committee (FOMC) meeting leading and concerns Britain will leave the European Union following. On Wednesday, the Federal Reserve confirmed what many had...
Weekly Market Commentary – June 14, 2016

Weekly Market Commentary – June 14, 2016

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...