Weekly Market Commentary, December 30, 2014

December 30, 2014  | By Robare & Jones

On behalf of all of us at Robare & Jones, we want to wish you all a Happy New Year!  We will be closing at Noon on New Year’s Eve through Friday the 2nd to celebrate with our families. The Markets With gas hovering around $2 a gallon in many parts of the country, chances are you’re happy every time you fill up the tank. The oil price drop, which is one of the biggest stories of 2014, is a twist … Read More

Weekly Market Commentary, December 23, 2014

December 23, 2014  | By Robare & Jones

On behalf of our entire Robare & Jones, we want to wish you all a Merry Christmas and Happy New Year! We will be closing at Noon on Christmas Eve through Friday the 26th to celebrate with our families. The Markets Geopolitics and monetary policy and deflation! Oh my! It was a wild, wild week. First, the Russian central bank announced a massive rate hike and the country’s main deposit rate rose from 10.5 percent to 17 percent. The move … Read More

Weekly Market Commentary, December 16, 2014

December 16, 2014  | By Robare & Jones

The Markets It was no fun to be an investor last week. The week prior, a commentary in The Wall Street Journal’s blog, MoneyBeat, offered this insight: “Falling oil prices are thought to be good for stocks because they stimulate consumer spending and hold down inflation. The lower costs support economic growth, boost corporate earnings, and lessen pressure on the Federal Reserve to raise interest rates. The stock market loves that mix.” That was not the case last week. A … Read More

Weekly Market Commentary, December 9, 2014

December 9, 2014  | By Robare & Jones

The Markets In the United States, it was more of the same ole, same ole… The Dow Jones Industrial Average and Standard & Poor’s 500 closed at record highs for the 34th time and 49th time this year, respectively. The impetus last week was a jobs report that far exceeded expectations. For the 10th consecutive month, more than 200,000 jobs have been created. That’s the longest string of improvements since 1994, according to Reuters. Not only did U.S. employers hire … Read More

Weekly Market Commentary, December 2, 2014

December 2, 2014  | By Robare & Jones

The Markets If investors around the world were voting on their favorite stock market, there is little doubt U.S. markets would finish near the top. Barron’s explained, “For the past three years, Wall Street has been trouncing the world’s other markets, inducing investors to pile in and bail on other assets.” So, how popular are U.S. markets? The Standard & Poor’s 500 Index (S&P 500) has not moved lower for four consecutive days during 2014, according to experts cited by … Read More