Weekly Market Commentary, May 31, 2017

May 31, 2017  | By Robare & Jones

The Markets Stocks set new 52-week highs this week. The S&P 500 and the global MSCI ACWI both reached new highs on Thursday, before declining slightly on Friday. For the week, the S&P 500 rose 1.4 percent, the MSCI ACWI climbed 1.1 percent, and the Bloomberg BarCap U.S. Bond Aggregate remained unchanged. Investors shrugged off a deadly terror attack in England and instead focused on the Federal Reserve minutes and corporate earnings. The minutes from the most recent Federal Reserve … Read More

Weekly Market Commentary, May 23, 2017

May 23, 2017  | By Robare & Jones

The Markets While the week started with fresh new highs for the S&P, stock markets tumbled mid-week on concerns political allegations may disrupt reform agendas in the United States and Brazil. On Wednesday, the S&P 500 dropped approximately 1.5 percent. For the week, the S&P 500 slid 0.4 percent, the MSCI ACWI index of global stocks was basically unchanged, and the Bloomberg BarCap U.S. Bond Aggregate rose 0.4 percent. Allegations about President Trump’s interactions with the former head of the … Read More

Weekly Market Commentary, May 16, 2017

May 16, 2017  | By Robare & Jones

The Markets Markets remained almost flat through the week as economic releases failed to trigger any significant reaction. The S&P 500 slid 0.4 percent while the MSCI All Country World Index (ACWI) eked out a 0.1 percent gain. The Aggregate U.S. Bond Index climbed 0.2 percent. Volatility remains historically low and investor complacency remains a risk. Consumer spending rebounded. Retail sales rose 0.4 percent in April and previous months were revised higher. Over the last year, retail sales are up … Read More

Weekly Market Commentary, May 9, 2017

May 9, 2017  | By Robare & Jones

The Markets Markets shrugged off the near certainty of a Federal Reserve rate hike in June and embraced the polling numbers pointing to Macron’s easy victory on Sunday. The S&P 500 rose 0.6 percent for the week. Global stocks, represented by the MSCI ACWI, rose 0.9 percent. The Aggregate U.S. Bond Index surrendered 0.2 percent. Oil prices continued to retreat. Brent Crude dropped another 5.7 percent this week. Economic news was mixed. The most recent inflation data came in weaker … Read More

Weekly Market Commentary, May 2, 2017

May 2, 2017  | By Robare & Jones

The Markets Strong corporate earnings and the bounce from French elections the previous weekend pushed global markets higher. The S&P 500 climbed 1.5 percent for the week. The MSCI All Country World Index (ACWI), which includes U.S. and international stock markets, rose 1.9 percent, and the Bloomberg U.S. Aggregate Bond Index slid 0.2 percent. Oil prices dropped to monthly lows amid fears that U.S. shale production is rebounding too quickly. U.S. first quarter Gross Domestic Product (GDP) rose an anemic … Read More