Market Commentaries
A Nontraditional Look into a Traditional Economic Indicator
08-20-2019 |Global equity markets gave up ground for the third consecutive week last week. In the U.S., the S&P 500 Index, Dow Jones Industrial Average, and NASDAQ Composite retreated 0.94%, 1.40%, and 0.74% respectively. Overseas, developed and emerging markets lost 1.45% and 1.01% respectively.... Read More
Defining a Currency Manipulator According to the U.S. Treasury Department
08-13-2019 |Global capital markets were mostly down for the week as investors continued to wrestle with potential implications of U.S./China trade tensions and central bank interest rate policy. In the U.S., the S&P 500 Index fell to a level of 2919, representing a loss of 0.40%, while the Russell Midcap Index fell 0.32% for the week.... Read More
The “Big Three” in Action
08-06-2019 |Global markets suffered significant losses last week, marking the worst week of 2019. In the U.S., the S&P 500 Index, Dow Jones Industrial Average, and NASDAQ Composite retreated 3.07%, 2.59%, and 3.90% respectively.... Read More
Is Central Bank Easing Uniquely American?
07-30-2019 |Global capital markets were mixed on the week, with International equities lagging and U.S. equities pulling ahead. In the U.S., the S&P 500 Index pushed ahead to a level of 3026, representing a gain of 1.66%, while the Russell Midcap Index gained 1.69% for the week. ... Read More
Early Earnings Releases Boost Equity Markets
07-23-2019 |Global equity markets, for the most part, finished in negative territory last week. In the U.S., the S&P 500 Index, Dow Jones Industrial Average, and NASDAQ Composite retreated 1.21%, 0.61%, and 1.18% respectively. ... Read More
How Do Lower Rates Stimulate Economic Growth?
07-16-2019 |Global capital markets were mixed on the week as investors digested favorable economic data and dovish central bank commentary. In the U.S., the S&P 500 Index pushed ahead to a level of 3014, representing a gain of 0.82%, while the Russell Midcap Index gained 0.51% for the week.... Read More
Stocks Reach Record Highs as Fed Policy Update Looms
07-09-2019 |Global equity markets finished higher during the holiday shortened week of trading. In the U.S., the S&P 500 Index, Dow Jones Industrial Average, and NASDAQ Composite gained 1.69%, 1.27%, and 1.96% respectively. Overseas, developed and emerging markets, as measured by the MSCI EAFE and MSCI Emerging Market Indexes, advanced 0.52% and 0.69% respectively.... Read More
Two Quarters Down, Two to Go in 2019
07-02-2019 |As the second quarter of 2019 officially comes to a close, it feels like an appropriate time to reflect on what a wild ride it has been thus far.... Read More