Weekly Market Commentary, July 17, 2018

July 17, 2018  | By Robare & Jones

The Markets Solid earnings and perhaps some potentially blissful ignorance on the ongoing risks over trade pushed stocks to a second straight week of strong gains. The S&P 500 soared 1.5 percent for the second week in a row, the MSCI ACWI climbed 1.0 percent, and the Bloomberg BarCap Aggregate Bond Index rose 0.2 percent.     Economic News     Inflation has reached its highest level in the last six years. After years of struggling to stay above 2 … Read More

Weekly Market Commentary, July 10, 2018

July 10, 2018  | By Robare & Jones

The Markets The positive U.S. jobs report released Friday contributed to a strong week for global stocks and bonds. The S&P 500 soared 1.5 percent, the MSCI ACWI climbed 0.9 percent, and the Bloomberg BarCap Aggregate Bond Index rose 0.2 percent.   Economic News The Labor Department’s monthly jobs report provides an early indication of economic strength and inflationary pressures, and the June report showed very positive signs. The economy added 213,000 nonfarm payroll jobs, and the unemployment rate inched … Read More

Weekly Market Commentary, July 3, 2018

July 3, 2018  | By Robare & Jones

The Markets Stock markets finished the quarter on a down note. The S&P 500 and the global MSCI ACWI both dropped 1.3 percent. The Bloomberg BarCap Aggregate Bond Index shrugged off higher inflation and rose 0.3 percent last week. The second quarter was a good one for U.S. stock investors. The S&P climbed 2.9 percent, erasing first quarter losses and leaving the index up 1.7 percent for 2018. Global stocks were down a tiny 0.1 percent in the second quarter … Read More

Weekly Market Commentary, June 27, 2018

June 27, 2018  | By Robare & Jones

We have a new look, a new logo, and a new address! Check out the details at robare-jones.com The Markets Global stocks declined last week as the Trump administration’s rhetoric and proposals regarding global trade continued to concern investors. OPEC indicated it would increase oil production less than expected, and oil prices climbed between 3 percent and 5 percent depending on the market. General Electric (GE) was removed from the Dow Jones Industrial Average after months-long underperformance. GE was the … Read More

Weekly Market Commentary, June 19, 2018

June 19, 2018  | By Robare & Jones

The Markets Deal or no deal? Last week opened with heightened trade tensions between the United States and its allies. It closed with the United States imposing new tariffs on $50 billion of Chinese goods. The Chinese declared it was the start of a trade war, reported Financial Times. U.S. markets largely ignored the potential impact of trade wars on multiple fronts. Barron’s reported the Dow Jones Industrial Average, which includes companies that are vulnerable to tariffs, moved slightly lower. … Read More

Weekly Market Commentary, June 12, 2018

June 12, 2018  | By Robare & Jones

The Markets G whiz! Never before could the Group of 7 (G7) Summit have been mistaken for reality TV. The generally dignified annual meeting of leaders from the United States, Canada, France, Germany, Italy, Japan, and the United Kingdom (along with the heads of the European Commission and European Council) was a lot more contentious than usual, reported Reuters. Disagreements about trade were the reason for heightened tensions among world leaders. At the end of May, the United States extended … Read More

­Weekly Market Commentary, June 5, 2018

June 5, 2018  | By Robare & Jones

The Markets If the countries were instruments, last week sounded like a fifth grade garage band. World markets were buffeted by a clamor of good, bad, and unexpected news last week. Events that captured media and investor attention included: Taxing America’s allies. Early in the week, investors weren’t the only ones riled by the administration announcement it would impose hefty trade tariffs on American allies. “Brussels’ top trade official vowed to respond to Donald Trump’s new tariffs on imports of … Read More

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