Weekly Market Commentary, November 24, 2015

November 24, 2015  | By Robare & Jones

We will be closed at noon on Wednesday through Friday to spend time with our families for Thanksgiving. We wish you all a safe and Happy Thanksgiving!   The Markets Financial markets were remarkably calm last week. Many stock markets in the United States, Europe, and Asia moved higher as investors chose to focus their attention on the minutes of the October 27-28, 2015 Federal Open Market Committee (FOMC) meeting, which were released on Wednesday, rather than recent terrorist attacks … Read More

Weekly Market Commentary, November 17, 2015

November 17, 2015  | By Robare & Jones

The Markets Attacks on Paris by the Islamic State were an appalling exclamation point at the end of a difficult week for stock markets. World stock markets tumbled as investors braced for a possible rate hike by the Federal Reserve in December. Many national indices across the United States, Europe, and Asia experienced downturns of more than 2 percent. The Dow Jones Industrial Average lost 3.7 percent and the Standard & Poor’s 500 Index gave back 3.6 percent. The exception … Read More

Weekly Market Commentary, November 10, 2015

November 10, 2015  | By Robare & Jones

The Markets And, the Bureau of Labor Statistics (BLS) said… U.S. job growth surpassed expectations in October. About 271,000 jobs were created across diverse industries: professional and business services, health care, retail, construction, and others.  That was a significantly higher number than predicted by economists who participated in a survey conducted by The Wall Street Journal. They expected to see 183,000 new jobs for October. The BLS revised August and September jobs numbers higher overall and reported improvement on the … Read More

Weekly Market Commentary, November 3, 2015

November 3, 2015  | By Robare & Jones

The Markets Keep your eyes on the data. There was much to be said for U.S. stock markets’ performance during October. Both the Dow Jones Industrial Average and the Standard & Poor’s 500 Index delivered their best monthly performance in four years, according to Barron’s. Any celebration of strong market performance was cut short when the Commerce Department’s estimate of third quarter U.S. gross domestic product (GDP) growth was released last week. GDP was in positive territory, up 1.5 percent … Read More