Investment Commentary – July 30, 2019 FED PREPARED TO CUT INTEREST RATES FOR FIRST TIME IN A DECADE For the first time since the start of the recession more than a decade ago, the Federal Reserve is poised to cut interest rates in hopes of shielding the 11-year economic expansion from growing global uncertainties. The [...]
Investment Commentary – July 23, 2019 Year to Date Market Indices as of Market Close July 23, 2019 Dow27,349 (17.24%) S&P 3,005 (19.89%) NASDAQ 8,251 (24.36%) Gold $1,417 (10.36%) OIL $56.89 (24.19%) Barclay Bond Aggregate (6.21%) All World Index (15.76%) Dow pops on renewed China trade talks, strong earnings Plans by U.S. officials to travel [...]
Year to Date Market Indices as of Market Close July 16, 2019 Dow 27,335 (17.28%) S&P 3,004 (19.94%) NASDAQ 8,222 (23.93%) Gold $1404 (8.70%) OIL $58.07 (.76%) US stocks mixed on trade concerns Trump on Tuesday warned that ample work remains on reaching a trade deal with China and resumed threats to impose tariffs on [...]
Investment Commentary – July 9, 2019 Year to Date Market Indices as of Market Close July 9, 2019 Dow 26,783 (14.82%) S&P 2,979 (18.86%) NASDAQ 8,143 (22.70%) Gold $1386 (8.94%) OIL $58.04 (27.53%) Barclay Bond Aggregate (6.06%) All World Index (15.52%) US stocks mixed on trade concerns U.S. stocks Opens a New Window. Traded in [...]
Investment Commentary – July 1, 2019 Year to Date Market Indices as of Market Close July 1, 2019 Dow 26,717 (13.81%) S&P 2,964 (16.38%) NASDA 8,091 (18.83%) Gold $1386 (7.92%) OIL $57.92 (28.84%) Barclay Bond Aggregate (6.11%) All World Index (14.88%) U.S. Stocks Hit Record on Trade Truce; Bonds Drop: Markets Wrap U.S. stocks rallied [...]
Investment Commentary – June 25, 2019 Year to Date Market Indices as of Market Close June 25, 2019 Dow26,548 (13.81%) S&P 2,917 (16.38%) NASDAQ 7,884 (18.83%) Gold $1426 (11.05%) OIL $57.92 (26.41%) Barclay Bond Aggregate (5.95%) All World Index (14.84%) Powell, Bullard dampen market hopes that Fed will deliver half-point interest-rate cut Fed chairman says [...]
Investment Commentary – June 18, 2019 Year to Date Market Indices as of Market Close June 18, 2019 Dow26,465 (13.45%) S&P 2,017 (16.39%) NASDAQ 7,953 (19.87%) Gold $1349 (5.06%) OIL $54.08 (18.05%) Barclay Bond Aggregate (5.25%) All World Index (12.10%) Dow surges more than 350 points on hopes for a China trade deal and an [...]
Investment Commentary – June 12, 2019 Year to Date Market Indices as of Market Close June 12, 2019 Dow 26,048 (11.66%) S&P 2,885 (15.11%) NASDAQ 7,822 (17.89%) Gold $1339 (4.27%) OIL $51.78 (13.05%) Barclay Bond Aggregate (4.97%) All World Index (12.78%) JP Morgan: Thought of the week Trade tensions weighed heavily on global activity in [...]
Investment Commentary – June 4, 2019 Year to Date Market Indices as of Market Close June 4, 2019 Dow 25,330 (8.62%) S&P 2,803 (11.84%) NASDAQ 7,528 (13.44%) Gold $1331 (3.67%) OIL $3.57 (16.96%) Barclay Bond Aggregate (3.46%) All World Index (8.08%) Stocks Jump Most Since January on Jolt From Powell: Markets Wrap U.S. stocks climbed [...]
Investment Commentary – May 28, 2019 Year to Date Market Indices as of Market Close May 28, 2019 Dow 25,347 (9.45%) S&P 2,802 (13.07%) NASDAQ 7,607 (16.57%) Gold $1,279 (0.02%) OIL $58.97 (5.99%) Barclay Bond Aggregate (3.46%) All World Index (9.66%) Stocks close near intraday lows as investors seek fresh market catalysts U.S. stocks closed [...]