Market Commentaries

14 Sep

And Friday Makes Five

September 14, 2018 The S&P 500 managed to post a quintuplet of five, straight wins this week despite Trump’s announcement on Friday that he now intends to move forward on $200 billion in new tariffs on Chinese goods. The announcement came in the wake of news from earlier in the week that the U.S. would…

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24 Aug

Bulls Stampede to New All-Time High

August 24, 2018 Bulls made it into the record books once again this week. On Wednesday, the current bull market, which began on March 9, 2009, became the longest bull market on record, breaking the prior one which ran from October 1990 to March 2000. At 3,455 days long, as of Friday’s close, the current…

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10 Aug

Turkey Fouls Markets

August 10, 2018 A strong start to the trading week, fueled by solid quarterly earnings results, was not enough to lift the S&P 500 higher for the week. Investors were spooked on Friday by Turkey’s falling currency, placing the Turkish economy in near crisis state. Rising political tensions between the U.S. and Turkey provided the…

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