Weekly Market Commentary, March 28, 2017

March 28, 2017  | By Robare & Jones

The Markets The week of March 20 began with fluctuation in the markets as investors signaled signs of uncertainty in President Trump’s ability to pass legislature. Though market volatility has been at a historically low point, trends changed this past week when the NASDAQ Composite, S&P 500, and the DJIA fell 1.22 percent, 1.44 percent, and 1.52 percent, respectively. Additionally, last Tuesday, markets took their biggest hit since October 11, 2016 with the S&P 500 and the DJIA falling 1.24 … Read More

Weekly Market Commentary, March 21, 2017

March 21, 2017  | By Robare & Jones

The Markets After a quiet beginning to last week, the markets reacted to the expected interest rate hike with stocks soaring and Treasury yields falling. According to the meeting, the Fed’s stance on further rate hikes has changed, taking on a more dovish stance with no more than two additional rate increases this year. Chair Yellen noted future rate hikes will be gradual and signaled in advance. Even so, the markets were hit with concerns over crude oil supply, as … Read More

Weekly Market Commentary, March 13, 2017

March 14, 2017  | By Robare & Jones

The Markets Rate hike ahead…maybe. Last week’s U.S. employment report was better than expected. The United States added 235,000 jobs in February, which was a few more than economists had forecast. It may seem counterintuitive, but the positive economic data helped push U.S. stock markets lower. The jobs report was a sign the American economy continues to be strong and indicates a rate hike may be on the horizon. Barron’s reported: “If anything, the data just confirms what we’ve known … Read More

Weekly Market Commentary, March 7, 2017

March 7, 2017  | By Robare & Jones

The Markets Major U.S. stock markets were positively euphoric following President Trump’s speech on February 28. Optimism about the new administration’s pro-growth policies propelled the four major U.S. stock indices to record highs, despite a dearth of policy details, reported Financial Times. It’s hard to pinpoint exactly why stocks have moved so far, so quickly. However, it appears that mom-and-pop investors have become quite enthusiastic about the asset class according to data from JPMorgan Chase cited by Bloomberg. While institutional … Read More