Weekly Market Commentary, June 27, 2017

June 27, 2017  | By Robare & Jones

The Markets The S&P 500 Index broke out to all-time highs on Monday, only to be dragged down by the fall in oil prices. Monday’s gains were large enough to overcome the rest of the week and major markets finished higher. The S&P 500, the MSCI All Country World Index, and the Bloomberg BarCap U.S. Bond Index all managed to rise 0.2%. Investors, concerned about the Federal Reserve raising rates too quickly, continue to push long-term bond rates lower. Oil … Read More

Weekly Market Commentary, June 20, 2017

June 20, 2017  | By Robare & Jones

The Markets Global markets stayed steady during a week where the Federal Reserve behaved as expected and Amazon.com surprised markets with acquisition news. The S&P 500 inched up 0.1 percent. The MSCI All Country World Index slid 0.5 percent and the Bloomberg BarCap U.S. Aggregate Bond Index edged 0.2 percent higher. The Federal Reserve matched widespread expectations by raising short-term rates to between 1.00 percent and 1.25 percent. They also announced a plan to steadily reduce the size of their … Read More

Weekly Market Commentary, June 13, 2017

June 13, 2017  | By Robare & Jones

The Markets Geopolitics took center stage this week. The diplomatic crisis in Qatar, a terror attack in London, parliamentary elections in the United Kingdom, and former FBI director James Comey’s testimony all moved investment prices. Global markets weathered the barrage fairly well. The S&P 500 fell 0.3 percent. The MSCI All Country World Index slid 0.5 percent and the Bloomberg BarCap U.S. Aggregate Bond Index edged 0.2 percent lower. Some markets experienced particularly wide swings on the news. The MSCI … Read More

Weekly Market Commentary, June 6, 2017

June 6, 2017  | By Robare & Jones

The Markets The current bull market has lasted for more than eight years. In April, it became the second longest bull market in American history, according to CNN Money. There are some good reasons the stock market in the United States has continued to trend higher. For one, companies have become more profitable. During the first quarter of 2017, companies in the Standard & Poor’s 500 Index reported earnings increased by 14 percent, year-over-year. That was the highest earnings growth … Read More