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Market Updates

Market Update – June 27, 2016

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...
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Market Update #4 – June 24, 2016

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...
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Market Update #3 – June 24, 2016

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...
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Market Update #2 – June 24, 2016

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...
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Market Update #1 – June 24, 2016

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...
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Market Update – June 23, 2016

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...
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Market Update – June 15, 2016

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...
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Market Update – January 20, 2016

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...
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