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