Weekly Market Commentary, January 30, 2017

January 31, 2017  | By Robare & Jones

The Markets An historic moment for U.S. stock markets… The Dow Jones Industrial Average surpassed 20,000 last week. Barron’s cautioned investors not to make too much of the milestone since, “There are only 30 stocks in the index so each one carries a lot of weight.” Regardless of the significance of the Dow’s move, U.S. stock markets generally were upbeat about President Trump’s first week in office. Financial Times reported ‘animal spirits’ – a term British economist John Maynard Keynes … Read More

Weekly Market Commentary, January 24, 2017

January 24, 2017  | By Robare & Jones

The Markets Markets weren’t quite sure which direction to move last week. The Trump rally, which lost some steam, gained momentum early in the week. The Standard & Poor’s 500 Index finished January 19, the day before the inauguration, with its biggest election-to-inauguration gain since Bill Clinton won a second term in 1996, according to MarketWatch, and the Dow Jones Industrial Average remained within striking distance of 20,000, according to Yahoo!Finance. On Friday, President Trump delivered his inauguration address, but … Read More

Weekly Market Commentary, January 18, 2017

January 18, 2017  | By Robare & Jones

The Markets Around the world in a few paragraphs… The post-election adrenaline rush may be over in the United States. Barron’s reported: “The new year began with high hopes, with the bulls expecting the rally that began with Donald J. Trump’s election victory to continue into 2017, while the bears salivated at the opportunity presented by a market that had gotten way ahead of itself. Instead, the market has failed to break up or down…At his press conference last week, … Read More

Weekly Market Commentary, January 10, 2017

January 10, 2017  | By Robare & Jones

The Markets Bullish sentiment helped world equity markets get off to a fast start last week. Just name a country or region – developed markets, emerging markets, the United States, Latin America, Asia, Europe, the United Kingdom – and it’s likely the area’s benchmark index may have been up for the week. Not everyone was in the bullish camp, though. Barron’s reported: “The market optimism is understandable. After a long spell of zero interest rates, a baton transfer from monetary … Read More

Weekly Market Commentary, January 4, 2017

January 4, 2017  | By Robare & Jones

The Markets What a difference a year makes! At the start of 2016, investors were rather pessimistic and risk averse, preferring bonds to stocks. By the end of the year, they were quite optimistic and preferred stocks to bonds. In between, markets traveled a bumpy road. During January of last year, few investors imagined we would be where we are today. Markets started 2016 in a tailspin with investors worried about slower growth in China, U.S. economic strength, oil price … Read More