Market Commentaries
Last Week’s Markets in Review: Municipal Bonds in a Rising Rate Environment
06-27-2022 |Municipal bond prices and yields are largely affected by the supply and demand of these bonds in the open market. As investors seek safety or income in their portfolios, the demand increases, pushing the prices of bonds higher. At the same time, when investors are concerned about rates rising and the opportunity cost of missing out on higher yields, the demand falls along with prices, pushing yields higher.... Read More
Last Week’s Markets in Review: Fed Becomes More Aggressive Despite Slowing Economy
06-21-2022 |In a week that saw meaningful declines across the equity markets, almost all attention was focused on the results of the June Federal Open Market Committee (FOMC) meeting and Chairman Powell's subsequent press conference. ... Read More
Last Week’s Markets in Review: Markets Get Burnt by Hot Inflation
06-13-2022 |Market participants entered the past week with a high degree of uncertainty, and an expectation of more volatility, in advance of the highly anticipated Consumer Price Index (CPI) report that would be released early Friday morning.... Read More
Last Week’s Markets in Review: New Jobs and Oil Data Impact Markets
06-06-2022 |In the shortened week after the Memorial Day Holiday, markets continued to move in reaction to economic data. Market participants added the newly released data into both their inflation analysis and their opinions about potential upcoming Fed policy.... Read More
Last Week’s Markets in Review: Assessing Recent Market Moving Events
05-31-2022 |Global equity markets finished higher for the week. In the U.S., the S&P 500 Index closed the week at a level of 4,158, representing a gain of 6.62%, while the Russell Midcap Index moved 5.64% higher last week.... Read More
Last Week’s Markets in Review: Putting Volatility and Inflation into Perspective
05-23-2022 |While the S&P 500 Index (S&P 500) and Dow Jones Industrial Average (DJIA) both essentially finished flat on Friday, they ended the week lower overall. ... Read More
Last Week’s Markets in Review: Municipal Bonds Looking More and More Attractive
05-16-2022 |While we have written numerous times about the importance of time in the market vs. trying to time the market, the emotional aspect of behavioral finance can find it nearly impossible to resist wondering how to time today's markets. ... Read More
Last Week’s Markets in Review: Volatility Continues after Fed Raises Rates by 0.50%
05-09-2022 |First and foremost was the FOMC's May meeting and Chairman Powell's subsequent press conference that took place this past Wednesday. As alluded to earlier, the anticipation of this meeting and the expected increase in the Fed Funds rate was monumental.... Read More