Weekly Market Commentary, September 29, 2014

September 29, 2014  | By Robare & Jones

The Markets Last week offered some lessons in career management, economics, and investor impulse, among other things. Derek Jeter, the well-loved Yankees shortstop, finished the final home game of his career by smacking a game-winning hit. Throughout his last season, ticket prices for Yankees games soared on the secondary market with $16 bleacher seats selling for more than $200. By the end of the season, ticket vendors were asking as much as $11,000 a seat. On the other coast, Bill Gross, … Read More

Weekly Market Commentary, September 22, 2014

September 22, 2014  | By Robare & Jones

The Markets The Federal Reserve’s Open Market Committee statement last week indicated rates would remain in “the current target range” for a “considerable” period of time after quantitative easing ends. Investors embraced the news pushing both the Dow Jones Industrial Average and the Standard & Poor’s 500 Index up more than 1 percent for the week. On the surface, it appears everything is in perfect order. However, experts cited by Barron’s warned investors to pay attention to the subtleties of the Fed’s … Read More

Weekly Market Commentary, September 15, 2014

September 15, 2014  | By Robare & Jones

The Markets In the United States, some folks wish Chairwoman Janet Yellen and her peers at the Federal Reserve would set a timetable for rate hikes. Barron’s offered the opinion that abandoning a data-driven process in favor of a calendar-driven one would be a mistake. Recent improvements including a slight spike in consumer confidence, somewhat stronger consumer spending, and a generally improving job market remain mired in residue of the Great Recession. For instance: “Housing remains in the doldrums as potential buyers … Read More