Global central bank narratives last week drove bond yields higher and put a charge of volatility into equity markets. The tech selloff continued and interest rate sensitive sectors (utilities) struggled while energy stocks enjoyed a bear [...]

Major U.S. equity indices managed to seek out a small gain last week while the NASDAQ tacked on 1.8%, led by a strong rally in tech and healthcare names. Despite the scandal ridden headlines throughout 2017, the S&P 500 hit its 24th a [...]

A mixed week fundamentally produced modest gains in both stock and bond markets, two moves that seem somewhat at odds with one another – investors buying stocks and safe-haven bonds simultaneously. The FOMC mid-week meeting was the primar [...]

Markets absorbed what seems like four years’ worth of drama with a collective shrug this week between the highly anticipated Comey congressional testimony and the UK snap election turnabout. Comey offered no material new information and o [...]

U.S. equity markets finished this holiday shortened week at new all-time highs with everything outside of the energy patch participating. Meanwhile, yields moved decidedly lower on the back of an unexpectedly weak May jobs report. The com [...]

U.S. stocks turned in a strong week, with the S&P 500 breaking the 2,400 mark and notching a new record heading into the long Memorial Day weekend. Encouraging fundamentals from overseas markets and persistent momentum from the U.S. t [...]

“There are no friends in Washington, only enemies and accomplices” and Donald Trump is learning this on the job, the hard way, as BCA recently remarked. Global equity markets absorbed another Washington DC jolt last week on news of possib [...]