Weekly Market Commentary, April 18, 2017

April 18, 2017  | By Robare & Jones

The Markets Geopolitics, earnings, and inflation news dominated the global investment environment this past week. While earnings news was generally positive, higher geopolitical risk and inflation helped push U.S. markets lower. The S&P 500 fell 1.1 percent through Thursday and the Dow Jones Industrial Average dropped 1.0 percent. The NASDAQ slid 1.2 percent. The United States dropped the “Mother of All Bombs” in Afghanistan, returning attention to the ongoing conflict with terrorism. In Europe, geopolitical risks increased with the renewed … Read More

Weekly Market Commentary, April 11, 2017

April 11, 2017  | By Robare & Jones

The Markets During the past week, movement in the equity markets was largely dictated by the release of the minutes from last month’s Federal Reserve meeting. Two major themes stood out with the first being the gradual reduction of the Fed’s massive $4.5 trillion balance sheet. The second is certain members of the central bank have begun voicing concerns over current stock valuations, noting prices across domestic and emerging markets equities are quite high. Other economic data showed the U.S. … Read More

Weekly Market Commentary, April 4, 2017

April 4, 2017  | By Robare & Jones

The Markets Toward the end of the first quarter, the bull market celebrated its eighth birthday. David Kelly, Chief Global Strategist at J.P. Morgan Asset Management wrote: “Eight years ago, on March 9, 2009, the S&P 500 closed at 677, down 57 percent from where it had been just 18 months earlier. 10-year Treasury yields had fallen from 3.6 percent to 2.9 percent over the previous year…Investors were depressed and scared. However, good long-term returns from stocks were almost inevitable … Read More