Weekly Market Commentary, May 26, 2015

May 26, 2015  | By Robare & Jones

The Markets You could have set the events of last week to music. Should they stay or should they go? Last week, the Bank of England (BOE), Britain’s central bank, inadvertently sent a memo describing how staffers should handle press inquiries about its confidential research into the possibility of a British exit (Brexit) from the European Union, to the media. Oops. The possibility of a Brexit is top-of-mind after the re-election of British Prime Minister David Cameron who promised voters … Read More

Weekly Market Commentary, May 19, 2015

May 19, 2015  | By Robare & Jones

Our office will be closed Monday May 25th with the markets closed for Memorial Day. The Markets The U.S. Treasury market is a bit like a lake in the midst of a drought. All the action – fish, frogs, crawdads, and such – that was once hidden in the depths has become a lot more visible as the water shallows. For decades, traders and investors have turned to U.S. government debt – Treasury bills and bonds – because the market was … Read More

Weekly Market Commentary, May 12, 2015

May 12, 2015  | By Robare & Jones

The Markets Government bonds have gone wild! Sure, you might expect high-yield bonds to act unpredictably from time to time. That’s why they’re high-yield bonds. They don’t receive investment-grade ratings – BBB through AAA – from leading credit rating agencies because they’re not considered to be as creditworthy as investment grade bonds. U.S. Treasuries are a different story. They are backed by the full faith and credit of the U.S. government which can raise taxes to cover its debts. Treasuries … Read More

Weekly Market Commentary, May 5, 2015

May 5, 2015  | By Robare & Jones

The Markets Stock markets tipped into the red last week. Major indices in the United States and elsewhere dipped lower as U.S. economic growth came in below expectations. The Commerce Department reported gross domestic product (GDP) grew by 0.2 percent annualized during the first quarter. Growth was hindered by the strength of the U.S. dollar, which made exports less attractive, and cold winter weather. U.S. market performance also reflected last week’s earnings news for technology stocks which wasn’t quite as … Read More