Weekly Market Commentary, April 28, 2015

April 28, 2015  | By Robare & Jones

The Markets Remember the dot-com bubble? If so, you’ll appreciate this week’s notable event: The NASDAQ Composite Index, which includes a fair number of technology stocks, transcended its previous high (set in March 2000). Share values in the tech sector gained 4 percent last week, according to Barron’s, as major players in the space delivered better-than-expected earnings results. The performance of technology stocks has some wondering whether this tech boom will be like the last one. In the go-go 90s, … Read More

Weekly Market Commentary, April 21, 2015

April 21, 2015  | By Robare & Jones

The Markets It’s a topsy-turvy world. In the United States, during the last quarter of 2014, about seven million (13 percent) of all mortgaged residential properties were underwater, meaning the mortgage loan amount was at least 25 percent higher than the estimated market value of the property, according to RealtyTrac.com. That’s a significantly lower number than the 12.8 million that were underwater early in 2012. Regardless, it’s an unhappy situation for the homeowners who may wish they lived in Spain. … Read More

Weekly Market Commentary, April 14, 2015

April 14, 2015  | By Robare & Jones

The Markets How much is one trillion? If you waited one trillion seconds, it would take 31,688 years. If you had a trillion dollars, and spent $10 million a day, it would take 273 years to go broke. If you taped $100 bills end-to-end, you could wrap the earth 41 times with $1 trillion dollars. Alternatively, you could paper over Delaware in $100 bills – twice. Last week, the value of global equities surpassed – not $1 trillion – but … Read More

Weekly Market Commentary, April 7, 2015

April 7, 2015  | By Robare & Jones

The Markets The global economy performed a bit like a Rube Goldberg contraption during the first quarter of 2015, although it’s doubtful many countries found humor as economic, financial, and political events triggered other economic, financial, and political events across the world.  Europe heads into deflation “The whiff of deflation is everywhere,” reported The Economist early in 2015: “Even in America, Britain, and Canada – all growing at more than 2 percent – inflation is well below target. Prices are … Read More