Posts Categorized: MARKET THOUGHTS

Fed Factor | December 8, 2017

Markets have fully priced in the Federal Reserve Board’s (FRB) anticipated rate hike on Wednesday. So, why will all eyes be on the meeting? Economic Data Data showed continued expansion this past week, but with a tone of moderation. Factory orders experienced a slight fall, but this came in the…
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Taxes, Data, and Bombs | December 1, 2017

Last week saw a rise in volatility. It came during a week where markets surged substantially. Was the surge founded and volatility should calm down? Or will volatility increase from a market move in the other direction? Market data for the week was strong. Home prices rose steadily over the…
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The Turkey Trade | November 24, 2017

The markets surged on the holiday shortened week. Was this due to low volume and vacations or was there truly a reason for the surge? Economic Data For the most part economic data was strong last week. The most notable was a surge in existing home sales (making up 90%…
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The Tax Trade | November 17, 2017

The week was little changed when you look at the open on Monday and the close on Friday. There is more to it when you look at how tax reform moved the markets. The lack of movement is a bit deceiving, however, as markets ebbed and flowed on news related…
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Not So Smart Money | November 10, 2017

Markets have surged over the past year on the back of strong earnings, subdued inflation, and the hope of fiscal and financial reform. Earnings As markets continue to set new all-time highs each week, investor support has yet to wane. In the last several weeks, third quarter earnings have been…
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Around We Go! | November 4, 2017

There was meaningful activity from every corner of the globe last week. It all translated into markets gains for the week, but not without concerns… US In the US we saw modest growth as the GOP released the proposed tax reform that they intend to pass before Thanksgiving. More impactful…
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Glitch in Central Banking | October 27, 2017

Last week was a big week for the European Central Bank (ECB). They had a chance to out-do the Federal Reserve Bank (FRB), did it happen? The ECB was widely expected to announce the tapering of their bond buying program last week. They currently are purchasing sovereign EU debt at…
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All-Time Highs! | October 20, 2017

Markets tapped all-time highs last week. What pushed it: Corporate earnings, NAFTA negotiations, or Senate action on tax reform? Corporate earnings have been favorable, which extended the market gains early in the week. 80% of S&P 500 companies reporting (17%) have exceeded earnings expectations; this is a very optimistic start…
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Buying Sales? | October 13, 2017

Last week economic statistics were strong, but markets were fairly flat. Retail sales grew substantially, but did markets believe the data? August retails sales were negative 0.2%, mostly a result of the hurricanes reducing demand. September showed a much different reading as last week’s release revealed a robust increase of…
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The Hurricane Effect | October 8, 2017

Markets advanced last week as volatility was muted while geo-political concerns and a negative jobs creation report did not stand a chance… Here is why. The Bad Geo-political tensions seemed to enhance this past week (not just relations between the US and North Korea, but also relations in the E.U.)…
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