Market Commentaries

05 Oct

Rising Rates Rattle Markets

October 5th, 2018 The fourth quarter kicked off on a high note as markets cheered news that the U.S. and Canada had come to terms on trade, setting the stage for a revised North American treaty. From this point forward, the “new” NAFTA will now be known as the United States-Mexico-Canada Agreement (USMCA). While the…

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28 Sep

Trade Tensions Trip Up Bulls

September 28, 2018 Exhausted by leading the Dow Jones Industrial Average to an 8.85% third quarter gain, its best quarterly performance since the fourth quarter of 2017, bulls took a break from the action during this final week of the quarter. Rising trade tensions between the U.S. and major trading partners China and Canada set…

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21 Sep

Another Record High for the Dow

September 21, 2018 Unfazed by more U.S. and China tariffs, bulls pushed the Dow Jones Industrial Average up 2.25% for the week to a new all-time high of 26,743.50. The positive sentiment on the Street was driven by news the Trump administration would impose 10% tariffs on $200 billion of Chinese imports, below the 25%…

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