Market Updates

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 →

The Open Market Committee of the Federal Reserve Bank (the Fed) completes a 2-day interest rate policy-setting meeting this afternoon.  This is their fourth meeting of 2016.  They will release a statement detailing their policy stance @ 1pm CT.  Following the meeting, Fed Chairwoman, Janet... Read More →

Good evening to you! I wanted to check in tonight at the conclusion of a roller coaster day in the stock market. As the chart below from Bloomberg will attest, after opening modestly lower, the Dow Jones Industrial Average fell nearly 3.5% (or 566... Read More →