Market Commentaries

28 Jul

Markets Tread Water with Solid GDP and Earnings

July 28th, 2017 Following several weeks of upward momentum, markets struggled to maintain traction this week as the Federal Reserve signaled it would begin unwinding its balance sheet as early as this September. Q2 GDP rose a strong 2.60%, strengthening the Fed’s case to tighten monetary policy. Earnings were generally good but not good enough…

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Adam Bronson, CFA and Christopher Sorrow, CFA, MBA
21 Jul

Earnings in the Driver’s Seat

July 21st, 2017 It was another record-setting week for the S&P 500 and Nasdaq Composite Index. Fueled by better-than-expected second quarter earnings, the S&P 500 and Nasdaq both hit new all-time highs for the 27th and 41st time this year. With no major U.S. economic news this week, global economic reports from China on second…

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Potatoes
14 Jul

Early Earnings Raise Expectations

July 14th, 2017 Second quarter earnings season kicked off this week with reports from financial heavyweights JPMorgan and Wells Fargo handily beating expectations. In economic news, retail sales showed an unexpected drop in June. The weaker than expected retail sales report did little to hamper market confidence about the second quarter earnings season however, sending…

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