Weekly Market Commentary, January 27, 2015

January 27, 2015  | By Robare & Jones

The Markets There may be potential for a reality television program starring central bankers and the making of economic policy. It could be called, ‘The Real Central Bankers of the European Economic Community.’ Just imagine the last two weeks’ episodes. Two weeks ago, the Swiss National Bank shocked markets by unpegging its currency and sending the value of the Swiss franc skyward. Affairs last week were less unexpected. The European Central Bank (ECB) finally made up its mind and committed … Read More

Weekly Market Commentary, January 20, 2015

January 20, 2015  | By Robare & Jones

The Markets Central banks have been full of surprises lately, but not too many people saw this one coming. For aficionados of the board game Clue, here’s the gist of it: Thomas Jordan did it in Switzerland with monetary policy. Last week, Swiss National Bank (SNB) Chairman Thomas Jordan told the world the SNB would no longer cap the value of the Swiss franc at 1.2 per euro because the policy was no longer needed. The decision triggered an exceptional … Read More

Weekly Market Commentary, January 13th, 2015

January 13, 2015  | By Robare & Jones

The Markets You may be enjoying the economic benefits of gas prices around two dollars a gallon, but last week investors were skeptical about the effect of low oil prices on companies’ performance during 2015. For the first time since the financial crisis, the price of crude oil dropped under $50 a barrel last week. That’s less than half of its value just six months ago and one of the fastest drops in the past 30 years. Investors weren’t thrilled … Read More

Weekly Market Commentary, January 6, 2015

January 6, 2015  | By Robare & Jones

The Markets “…bubbling crude; oil that is, black gold, Texas tea.” The decline in oil prices accelerated during the fourth quarter of 2014. The main culprit was a supply and demand imbalance. Increased production in the United States, which is currently the biggest oil producer in the world, means there is an ample supply of oil. However, slowing growth in China and other countries, along with relatively warm winter weather, has lowered demand. Oil prices are also affected by expectations. … Read More