Weekly Market Commentary, March 29, 2016

March 29, 2016  | By Robare & Jones

The Markets Global markets were mixed last week. The United States had a short trading week and all indices were off less than 1 percent, snapping a five-week positive streak. The Dow Jones Industrial Average was down 0.49 percent and the S&P 500 and NASDAQ Composite were both down 0.66 percent and 0.46 percent, respectively. Asian markets were up with Japan’s Nikkei 225 Index notching a 1.66 percent return and China’ Shanghai Composite was up 0.82 percent. European markets, however, … Read More

Weekly Market Commentary, March 22, 2016

March 22, 2016  | By Robare & Jones

Please note our office will be closed on March 25th for Good Friday, along with the markets. We would like to wish everyone Happy Easter.   The Markets There is ongoing debate about whether markets behave in rational ways. The efficient market hypothesis suggests it’s impossible to outperform the stock market because current share prices reflect all relevant information. In other words, stocks should always trade at fair value and it should be impossible to invest in a stock that … Read More

Weekly Market Commentary, March 15, 2016

March 15, 2016  | By Robare & Jones

The Markets Stim-u-late mar-kets! Come on! It’s monetary easing.* The European Central Bank (ECB) was singing a tune that invigorated financial markets last week. The Wall Street Journal explained: “The fresh measures included cuts to all three of the ECB’s main interest rates, €20 billion a month of additional bond purchases atop the ECB’s current €60 billion ($67 billion) program, and an expansion of its quantitative easing program to highly rated corporate bonds – all more aggressive steps than analysts … Read More

Weekly Market Commentary, March 8, 2016

March 8, 2016  | By Robare & Jones

The Markets When Mark Twain’s death was reported in the United States, he was alive and well in London. He responded to news accounts with a note saying, “The report of my death was an exaggeration.” Last week’s jobs data suggest the same is true of reports that a recession is imminent in the United States. Barron’s explained: “Thank goodness the mid-February fears of recession that brought markets to their knees – and the 10-year Treasury yield to a low … Read More

Weekly Market Commentary, March 1, 2016

March 1, 2016  | By Robare & Jones

  The Markets The G20 finance ministers and central bankers from 19 countries and the European Union as well as representatives from the International Monetary Fund (IMF) and World Bank met last week. The group meets periodically to discuss the global economy. At their most recent meeting, the G20 made a commitment to continue to pursue global growth through monetary policy. They also emphasized governments around the world need to do more. The IMF’s report stated: “In advanced economies, securing … Read More