Market Commentary

Wealthy financial advisors

Weekly Market Commentary April 15, 2019

admin April 16th, 2019

Investors took an intermission. The curtain appeared to close on the first act of 2019 last week – and what an impressive act it was. The Standard & Poor’s 500 Index delivered some dramatic returns and is less than 1 percent away from a new all-time high.

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Weekly Market Commentary April 8, 2019

admin April 8th, 2019

The first quarter of 2019 brought a welcome reversal. Last year, Barron’s published a group of market strategists’ expectations for 2019 performance. The article came out in mid-December, before the steep year-end stock market decline. At that time, all of the strategists agreed: The S&P 500 Index would move higher during 2019.

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Wealthy financial advisors

Weekly Market Commentary April 1, 2019

admin April 1st, 2019

That’s how Michael Arone, an investment strategist, described the U.S. market environment to Avi Salzman of Barron’s: “‘Stocks are rallying, but bond yields are reflecting much lower growth.’ Stocks rose during the quarter because the Fed backed away from raising interest rates, and investors grew more confident that the U.S. and China would sign a trade deal, Arone said. The market was also rebounding from a very rough fourth quarter – ‘conditions at the end of the year were wildly oversold,’ he noted.”

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Weekly Market Commentary March 25, 2019

admin March 26th, 2019

Wonder what the Federal Reserve’s 40-yard dash time is? On Wednesday, the Fed juked like an NFL running back and left investors wondering whether they should buy or sell. Heather Long of The Washington Post reported the U.S. central bank: Lowered its 2019 estimate for U.S. economic growth to 2.1 percent Announced its intention not to raise rates in 2019 Indicated it will stop shrinking its balance sheet in September

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Weekly Market Commentary March 18, 2019

admin March 20th, 2019

Stock and bond markets rallied. Last week, major U.S. stock indices finished higher for the 10th time in 12 weeks. Bond markets moved higher, too, with the yield on 10-year Treasuries dropping just below 2.6 percent, reported Randall Forsyth of Barron’s. Yields on 10-year Treasuries haven’t been this low since January 2018.

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Weekly Market Commentary March 11, 2019

admin March 11th, 2019

Markets were rattled last week. The market hates surprises, especially when the surprise comes from a central bank. Last week, the European Central Bank (ECB) unexpectedly reversed course and took a more accommodative stance on monetary policy in an effort to encourage stronger European economic growth.

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Weekly Market Commentary March 4, 2019

admin March 4th, 2019

Is it a soft landing? Economists use aviation metaphors to describe the results of central banks’ efforts to manage rapidly growing economies. If the Federal Reserve lifts rates enough to prevent the economy from overheating without jolting it into recession, then it has engineered a soft landing, according to Investopedia. (Rate increases that drop a country into recession are hard landings.)

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Weekly Market Commentary February 25, 2019

admin February 26th, 2019

Investors were pleased with the Federal Reserve’s (Fed) new approach to its balance sheet. The Fed delivered its semi-annual Monetary Policy Report to Congress last week. The report recapped the events of late 2018 and reiterated the Fed’s intention to “…be patient as it determines what future adjustments to the federal funds rate may be appropriate to support the Committee's congressionally mandated objectives of maximum employment and price stability.”

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