Market Commentaries

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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03 Aug

New Trade Maneuvers Limit Market Gains

August 3, 2018 It was a big week as traders poured over the Federal Reserve’s Federal Open Market Committee (FOMC) statement and the latest economic reports on jobs and manufacturing. After hiking interest rates 0.25% in June, the Fed voted to hold rates steady this time around, despite an emphatic acknowledgement of the economy’s strength….

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27 Jul

Numbers are in the House

July 27, 2018 Markets posted another winning week as quarterly earnings continued to beat expectations and Q2 GDP hit a four-year high. With roughly half of the S&P 500 having reported, second quarter earnings are now projected to rise 22.60%, up from last week’s estimate of 22.00%. In economic news, the first estimate of U.S….

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