Posts Categorized: MARKET THOUGHTS

Central Bank Week | June 15, 2018

While the Singapore Summit garnished headlines, central banks across the globes moved Markets! The Federal Reserve Bank (FRB) reported the results of their two-day meeting on Wednesday. They increased the Fed Funds Rate from a range of 1.75% to 2%. More importantly, they increased the outlook for the remainder of…
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Cutting Through the Noise | June 8, 2018

With several geo-political concerns of late, it is difficult for markets to cut through the noise. They found a way last week, hopefully that continues! Tensions mounted and not between enemies. US tariffs extended to Europe, Canada, and Mexico on June 1st— creating undue tension.  These came just in time…
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Course Correction | June 1, 2018

The S&P 500 gained 13.29 points, or 0.5% last week. Was this a course correction, or a false positive? There were several points during the week where the expectation was that the correction was continuing: Europe caused concerns early on as the government formed in Italy could prompt ‘Italeave’ and…
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Market Thoughts | Reverse Course | May 25, 2018

Oil, Rates, and Europe have all reversed course this last week. What were the catalysts, and should we be concerned? The US backed away recently from the Iran deal. That action results in the eventual sanctioning of Iran, which will leave them, as well as the heavily sanctioned Venezuela, under…
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Inverse Indicators | May 18, 2018

Two main indicators of future market activity were conflicting this past week. Which indicator should we listen to? Oil prices rose during the week to $72.15 and eventually settled at $71.35. $72.15 marked the highest oil price seen since 2014. Elevated commodity prices are often a signal of the end…
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Oil, Oil, and Oil | May 11, 2018

Last week, saw a rise in S&P 500 performance. Will recent momentum evaporate as we move away from earnings season? 1st quarter earnings are projected to increase approximately 24.9%, a strong year over year increase thanks in large part to tax reform. Nearly 80% of companies are beating expectations and…
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Unemployment or Inflation? | May 4, 2018

Photo by NeONBRAND on Unsplash For much of the last decade the focus has been squarely on unemployment and this past Friday was no different… Or was it? Unemployment was released this past Friday and delighted investors with a headline rate at 3.9%. Also impressive was the fact that the U6 rate (measuring…
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The Hole in the Boat… | April 27, 2018

‘Cut taxes’ they said, ‘it will be fun’ they said, nobody told them it could crash the bond market… Tax reform is providing us some much-needed respite from the volatility created by inflation concerns and tariff talk. As we go through the corporate earnings season, 53% of companies have reported…
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The Calm After the Storm | April 20, 2018

Photo by grafixart grafixart_photo on Unsplash Equity prices have stabilized as corporate earnings season has gotten under way. Is it sustainable or just smoke in mirrors like a clever ad from the 60’s? Corporate earnings are barely underway, but with 17% of S&P 500 companies reporting, earnings are projecting at a rate of…
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Rising Tides | April 13, 2018

The markets continued their volatile ways last week, but the S&P managed to muster a 1.99% increase. What caused the tide to change? Trade this It may be a bit premature to say that trade tensions with China are easing, however the markets welcomed a week where tensions did not…
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