Posts Categorized: MARKET THOUGHTS

More of The Same?

The Federal Open Market Committee (FOMC) met this last week and left rates unchanged. FOMC in-action was much expected, however they did set the table for a December rate hike. A rate hike in November was very unlikely. With the US election days away from the FOMC meeting, they did…
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4 Currency Battles

Currencies have been on the move as of late. China, Europe, Japan, and many emerging economies have all seen their currencies fall in recent weeks. Notice that the US was not on that list… Among the reasons for the global slip in currency comes from US data. US GDP data…
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A World Divided

Actions across the globe in the next two months could shape a distinctly divided global economy heading into 2017. US Housing Data showed a conflicted US housing market. Existing home sales expanded 170K, while housing starts shrunk by 103K[1]. This is not shocking as housing starts reflect future closings, 4-…
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Sneak Attack

The election is all anyone wants to talk about, but what if it is a non-event for markets? Last Week Tepid economic data in the US was contrasted by surprisingly strong data coming out of the EU. This strengthened the dollar and gave US markets a bit of a pull…
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Financial Crisis Repeat?

Markets were little changed last week. Much like the month of September, the lack of change for the week did not reflect the actual activity. The main drivers of volatility last week were Oil, the potential of a government closure, and the fear of a contagion event should Duetsche Bank…
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Fed Ripple Effect

This past week was focused on central bank meetings for the US and Japan. In the US, very few people believed the Federal Reserve Board (FRB) was going to raise rates this month… They did not disappoint! Markets rallied across the board following the FRB decision to hold pat at…
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Volatility Shifts Gears!

With the summer doldrums behind us, September has come bursting onto the scene. From a week over week stand point markets were little changed, however, volatility day to day was much different. What pushed markets into high gear? August tends to be a month of low volume and low activity;…
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Beginning of The End?

Last week was laced with Federal Reserve comments that were hawkish and economic data that would lead one to believe that a rate hike should not be eminent. Oh, and by the way North Korea decided to test another bomb… Is this the beginning of the end? No suspense, the…
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Rate Watch: Day 261

On December 16th, 2015 The Federal Reserve Board (FRB) raised rates for the first time since 2006. They also said they were going to raise rates 4 times in 2016… It has been 261 days since the last rate hike. There are only 3 meetings left in the year and…
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Jackson Hole

Last week was dictated by Jackson Hole. Low volume through-out the week persisted in anticipation of Janet Yellen speaking on Friday. Many hoped that the Federal Reserve Board (FRB) chairperson would give further indication of policy direction. Hawkish and we could see rate increases sooner rather than later. Dovish and…
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