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

Weekly Market Commentary, April 24, 2018

April 24, 2018  | By Robare & Jones

The Markets Stocks moved higher last week as gains in the energy, industrial, and financial sectors overcame weakness in tobacco and technology stocks. The S&P 500 rose 0.5 percent, and the global MSCI ACWI climbed 0.4 percent. The Bloomberg BarCap Aggregate Bond Index dropped 0.6 percent on inflation and interest rate concerns.   Market Perspective   Oil prices have resumed their upward climb in recent months, following a pause from the sharp run that began after a low point in … Read More

Weekly Market Commentary, April 17, 2018

April 17, 2018  | By Robare & Jones

The Markets Markets ended positive for the week as energy and technology shares rallied and trade war tensions eased on all sides. These developments paired with earnings reports showing continued strength across all sectors drove stock markets higher. The S&P 500 rose 2.0 percent last week. The global MSCI ACWI climbed 1.6 percent. The Bloomberg BarCap Aggregate Bond Index dipped 0.2 percent as inflation risk and the odds of additional rate hikes increased.     Market Perspective     The … Read More

Weekly Market Commentary, April 10, 2018

April 10, 2018  | By Robare & Jones

The Markets   You could almost hear the spurs jingling. Trade tensions ratcheted higher last week as the United States and China staked new positions on the not-so-dusty main street of trade. It was the latest round of posturing in what has the potential to become a trade war between the world’s largest economies. Barron’s explained: “The trade battle has escalated since President Trump announced steel tariffs in March. China retaliated to those tariffs with its own duties, and the … Read More

Weekly Market Commentary, April 3, 2018

April 3, 2018  | By Robare & Jones

The Markets Markets reversed the prior week’s selloff to end the quarter on a positive note. The S&P 500 rose 2.1 percent last week. The global MSCI ACWI climbed 1.3 percent, and the Bloomberg BarCap Aggregate Bond Index gained 0.5 percent. In spite of the positive week, all three indices finished lower in the first quarter. The S&P 500 eased 1.2 percent lower. The MSCI ACWI dropped 1.4 percent, and the Aggregate Bond Index fell 1.5 percent. Stocks rallied as … Read More

Weekly Market Commentary, March 27, 2018

March 27, 2018  | By Robare & Jones

The Markets A sharp selloff in the latter part of last week caused the S&P 500 to post its worst weekly loss since early 2016. The S&P 500 dropped just less than 6 percent, the global MSCI ACWI slid 4.4 percent, and the Bloomberg BarCap Aggregate Bond Index was basically unchanged. Year-to-date, the S&P 500 is down 3.2 percent.     Let’s Take a Good News Break After last week, we could all use some good news. Here are 10 … Read More

Weekly Market Commentary, March 20, 2018

March 20, 2018  | By Robare & Jones

The Markets The S&P 500 slid 1.2 percent on increased concerns about political risk. The global MSCI ACWI dropped 0.6 percent, and the Bloomberg BarCap Aggregate Bond Index edged 0.2 percent higher. The S&P 500 is up 2.9 percent so far this year.     Risk Analysis February was a volatile month. As the chart below shows, there were 12 days when the S&P 500 rose or fell by more than 1 percent, tying it with 2009 as the most … Read More