Weekly Market Commentary, August 28, 2018

August 28, 2018  | By Robare & Jones

The Markets The S&P 500 reached an all-time high on Friday, surpassing the previous market high set in January of this year. Investors seemed to be reassured by the Fed’s minutes (see below) and hopeful the unproductive Chinese trade talks will be resolved before tariffs slow the economy. The S&P 500 climbed 0.9 percent for the week. Global stocks soared as the MSCI ACWI rose 1.3 percent higher. Even bonds benefited as the Bloomberg BarCap Aggregate Bond Index edged up … Read More

Weekly Market Commentary, August 21, 2018

August 21, 2018  | By Robare & Jones

The Markets News of trade talks between the United States and China helped support a rally in U.S. stocks last week. The talks are scheduled for next week, and officials say the two nations hope to sign a compromise by November. U.S. stocks continued their upward trend while international stocks dropped slightly. The S&P 500 rose 0.6 percent, and the global MSCI ACWI dropped 0.5 percent. The Bloomberg BarCap Aggregate Bond Index was basically unchanged from the previous week. The … Read More

Weekly Market Commentary, August 14, 2018

August 14, 2018  | By Robare & Jones

The Markets Concerns over declines in the Turkish currency and the risk of a trade dispute between the United States and Turkey pushed stocks lower last week. Turkey and the United States are sparring over the jailing of a U.S. pastor by Turkey. The S&P 500 fell 0.2 percent for the week. Global stocks were more affected by the issues in Turkey as the MSCI ACWI dropped 0.7 percent higher. The Bloomberg BarCap Aggregate Bond Index rose 0.4 percent.   … Read More

Weekly Market Commentary, August 7, 2018

August 7, 2018  | By Robare & Jones

The Markets U.S. stocks rallied, while global markets lagged. The S&P 500 rose 0.8 percent. Global stocks slipped as the MSCI ACWI fell 0.2 percent. The Bloomberg BarCap Aggregate Bond Index rose 0.1 percent. July’s performance was very positive. The S&P 500 rose 3.6 percent, and global stocks climbed 2.9 percent. Value stocks performed very well, too, after lagging growth in recent years. The Russell 1000 Value Index rose 4 percent, while the Russell 1000 Growth Index rose 2.9 percent. … Read More

Weekly Market Commentary, July 31, 2018

July 31, 2018  | By Robare & Jones

The Markets Strong U.S. economic growth made additional interest rate hikes lightly. The likelihood of additional hikes and weak earnings from a couple key technology companies was not enough to overcome positive news earlier in the week on trade between the European Union and the United States. Discussions are moving forward to rescind the announced metal tariffs and reduce tariffs on industrial goods. The S&P 500 rose 0.6 percent for the week. Global stocks, as measured by the MSCI ACWI, … Read More

Weekly Market Commentary, July 24, 2018

July 24, 2018  | By Robare & Jones

The Markets The stock market had a rather boring week. The S&P 500 stayed in a tight range throughout the week and finished basically unchanged. Global stocks performed a little better, as the MSCI ACWI inched 0.1 percent higher. The Bloomberg BarCap Aggregate Bond Index dropped 0.3 percent.     What to Expect When You’re Expecting As the second longest bull market in U.S. history remains in full effect, investors seem to be factoring in expectations that companies will do … Read More

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