Last week delivered the July 4th holiday and kicked off the second half of 2017.  The mid-week day off most definitely translated into high volumes of email auto-responses and relatively low trading volume on U.S. exchanges.  U.S. equity [...]

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 [...]