Weekly Market Commentary, May 30, 2018

May 30, 2018  | By Robare & Jones

The Markets The Federal Reserve’s latest minutes confirmed expectations the Fed will continue to raise interest rates gradually and members see no reason to deviate from their plan. Oil prices dropped after an extended rally on concerns Russia and OPEC’s supply reduction efforts will wane as prices rise. The overall effect on U.S. stocks was modest. The S&P 500 rose 0.3 percent. Global stocks, as measured by the MSCI ACWI, dropped 0.4 percent as European stocks declined on political news … Read More

Weekly Market Commentary, May 22, 2018

May 22, 2018  | By Robare & Jones

The Markets   Concerns over trade and global politics pushed markets lower last week. The S&P 500 slipped 0.5 percent. Global stocks, as measured by the MSCI ACWI, dropped 0.7 percent. The Bloomberg BarCap Aggregate Bond Index declined 0.5 percent based on solid U.S. economic data and concerns increasing oil prices may push other prices higher. As interest rates continue to increase, some investors are becoming concerned the higher yields available from bonds will cause investors to rotate out of … Read More

Weekly Market Commentary, May 15, 2018

May 15, 2018  | By Robare & Jones

The Markets A benign inflation report and positive news out of North Korea provided a boost for global stock markets. For the week, the S&P 500 soared 2.4 percent. Global stocks rose, as the MSCI ACWI climbed 2.1 percent. The Bloomberg BarCap Aggregate Bond Index was unchanged for the third straight week.     Economic News   April’s inflation numbers came in slightly below expectations, which provided a boost to markets. April’s price index rose 0.2 percent, slightly less than … Read More

Weekly Market Commentary, May 8, 2018

May 8, 2018  | By Robare & Jones

The Markets Jittery investors and several key economic reports produced big market swings in both directions last week. The S&P 500 dipped 0.2 percent, the global MSCI ACWI dropped 0.5 percent, and the Bloomberg BarCap Aggregate Bond Index was unchanged for the second straight week.   Performance Update On a daily basis, the market volatility that emerged at the start of the year continues to be felt. But, aside from the daily swings, April was a rather dull month. The … Read More

Weekly Market Commentary, May 1, 2018

May 1, 2018  | By Robare & Jones

The Markets After weeks of large swings each way, stocks and bonds barely budged last week. The S&P 500 was flat, and the global MSCI ACWI slipped 0.3 percent. The Bloomberg BarCap Aggregate Bond Index was also unchanged.     Economic News     Source: CNBC First-quarter GDP (Gross Domestic Product) growth was moderate relative to 2017 at 2.3 percent but still beat expectations (1.8 percent). Growth was fueled by cheaper commodity prices and reduced corporate taxes. The first quarter … Read More