Weekly Market Commentary – May 9, 2017

Weekly Market Commentary – May 9, 2017

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,...
Weekly Market Commentary – May 2, 2017

Weekly Market Commentary – May 2, 2017

It was a good week to own stocks. Not all financial news was good news last week, but that didn’t prevent U.S. stock markets from moving higher. Barron’s reported on the good news: “This past week, welcome political news from Europe, a batch of stellar...
Weekly Market Commentary – April 25, 2017

Weekly Market Commentary – April 25, 2017

Last week, investors multi-tasked, pushing both U.S. bond and stock markets higher. In March, the Federal Reserve raised the Fed funds rates for the second time in three months. Typically, we would expect interest rates to rise and bond prices to fall, but interest...
Weekly Market Commentary – April 18, 2017

Weekly Market Commentary – April 18, 2017

And the survey said… In late 2016, Natixis Global surveyed 500 institutional decision makers representing corporate pension plans, public pension plans, sovereign wealth funds, insurance companies, foundations, and endowments. Survey participants said market...
Weekly Market Commentary – April 11, 2017

Weekly Market Commentary – April 11, 2017

U.S. stock markets are sending mixed signals. If you look at the performance of the CBOE Volatility Index (a.k.a. the VIX or fear gauge), which is a measure of market expectations for volatility in the near future, it appears all is well and investors expect no...
Weekly Market Commentary – April 5, 2017

Weekly Market Commentary – April 5, 2017

Happy birthday! Toward the end of the first quarter, the bull market celebrated its eighth birthday. David Kelly, Chief Global Strategist at J.P. Morgan Asset Management wrote: “Eight years ago, on March 9, 2009, the S&P 500 closed at 677, down 57 percent from...