Weekly Market Commentary, August 31, 2015

August 31, 2015  | By Robare & Jones

The Markets U.S. stock markets finished last week higher than they started it, but the five-day ride was awfully bumpy. Concerns about China’s slowing growth, shifting currency valuations, and falling stock markets, coupled with uncertainty about the Federal Reserve’s next monetary policy move, contributed to malaise in world markets early last week. After falling by about 6 percent the previous week, U.S. stocks spiraled even lower early last week. They flirted with correction status (a correction is a 10 percent … Read More

Weekly Market Commentary, August 24, 2015

August 25, 2015  | By Robare & Jones

The Markets Correction! The Dow Jones Industrial Average lost about 6 percent last week. That puts the benchmark index about 10 percent below its record high on May 19, 2015, according to Barron’s. A drop of that magnitude from a new high may be a correction – a brief but jarring drop in value that often causes investors to reassess the state of the market and the health of the companies they hold. If investors judge markets and holdings to … Read More

Weekly Market Commentary, August 18, 2015

August 18, 2015  | By Robare & Jones

  The Markets Stock markets in the United States got off to a good start last week, heading higher before stumbling over China’s currency news. China, which has one of the world’s largest and fastest growing economies, is experiencing a slowdown in economic growth. The Economist reported data released last week showed, “…an 8 percent fall in Chinese exports in July and a 5.4 percent drop in factory-gate prices. Output prices have fallen for 41 straight months, a symptom of … Read More

Weekly Market Commentary, August 11, 2015

August 11, 2015  | By Robare & Jones

  The Markets After a solid July jobs report arrived on Friday – 215,000 new jobs were created and unemployment remained at 5.3 percent – analysts were pretty confident there would be ample support for a Federal Reserve rate increase in September. Bloomberg reported the odds of a September liftoff shot from 38 percent to 52 percent just last week. The pending rate increase was not a surprise, but investors were ruffled and U.S. stock markets moved lower. According to … Read More

Weekly Market Commentary, August 5, 2015

August 5, 2015  | By Robare & Jones

The Markets The market is flat. That’s right. It’s a rare occurrence – something that has happened just 12 times since 1926, according to Fortune – but the Standard & Poor’s 500 Index (S&P 500) has remained in a narrow trading range for seven months. For every sector that has delivered performance gains (for instance, healthcare, software, and consumer discretionary), there has been one with losses that have offset those gains (for instance, energy, materials, and industrials). The S&P 500’s … Read More