Market Updates

One of the great things about this weekend is that is it the final weekend of the 2016 Presidential campaign! If you are anything like us, campaign-fatigue has long since set in. Until recently, however, the stock & bond markets did not notably reflect... Read More →

On September 21st, at the conclusion of a Federal Open Market Committee meeting, the Chairperson of the Federal Reserve Bank will announce the committee’s decision on altering interest rates. This is the 6th Fed meeting of the year and it will be followed by... Read More →

Much, if not all, of the business news the last few days has focused on the fallout from the “Brexit” vote of Thursday night. As is common when an international event catches the average investor by surprise, the second most commonly conducted exercise is... Read More →

TGIF!  The closing bell could not have rung soon enough this afternoon and it will be good to let things settle down a bit over the weekend. By the time the market closed, the Dow Jones Industrial Average and the S&P 500 both pulled... Read More →

I wanted to pass along some thought-provoking comments from Dr. David Kelly, Chief Global Strategist of JP Morgan.  Dr. Kelly held a conference call earlier today and bulleted below are some of the more substantive take-aways re: Brexit in a stream-of-consciousness format (since some... Read More →

As was indicated by the pre-market stock futures, the Dow Jones Industrial Average opened weakly. As a point of perspective, this is 55 points from where we began the week, or 0.31%. Perhaps more interestingly, the FTSE 100 Index, which is the primary index... Read More →

As a follow-up to yesterday’s e-mail, the vote in the UK to determine the fate of Britain as a member of the European Union (EU) was decided in the direction of the “Leave” camp (also known as the “Brexit” voters). This was unexpected by... Read More →

What is “Brexit”?  The term “Brexit” is a verbal blend of “British” and “Exit” referring to Britain, aka the United Kingdom, essentially voting to either leave or remain a member of the European Union (EU). Citizens of the four constituent countries with the sovereign... Read More →