Market Commentaries

12 Mar

Good News All Around Spurs Market to Rocket

March 12, 2021 The tug of war between economic growth and rising rates continued this week, but ultimately the sheer volume of positive news was just too hard for markets to ignore. Tame inflation figures, rising consumer sentiment, an easing in jobless claims and a massive stimulus plan had bulls focused on the near-term lift…

Read More
05 Mar

Powell Says all the Right Things, Markets Pout Anyway

March 5, 2021 It was another tough week for markets as bond rates continued to climb. The U.S. 10-year treasury yield closed the week at 1.58%, up 0.65% from the beginning of the year. The move spurred investors to continue to flee interest-rate sensitive, long-term bonds and high-flying growth stocks, while the rotation into economically…

Read More
26 Feb

Rising Yields Bring Valuation into Focus

February 26, 2021 If investors had any question about whether or not cheap money lies at the heart of today’s valuations, you didn’t have to look much further than this week’s market action to get your answer. The Dow Jones Industrial Average managed to notch another record close Wednesday following dovish comments from Federal Reserve…

Read More