Market Updates

I wanted to send out a quick note as we close the books on a tough week for the financial markets. After a healthy and hearty bounce off the lows that were plumbed in February, the US stock markets have found themselves right back... Read More →

I had hoped that Monday’s note would be the sole piece of general communication from our offices this week, but the market reminded me that: #1 Hope is not a strategy and; #2 It is always in charge! All of the domestic and foreign... Read More →

Today was a record-setting day in the US stock market, but a record we‘d rather not have set.  The Dow Jones Industrial Average had its largest intra-day point decline of all time today, (going back to 1900), dropping almost 1,600 points before recovering a... Read More →

Happy Super Bowl Sunday!   Particularly to those clients of ours in Philly and New England! I wanted to offer a quick check-in as we wrap up an action-packed week.  Amid the State of the Union address, Janet Yellen’s final Fed meeting and an onslaught... Read More →

If you were to size up the first three quarters of 2017 on news headlines alone, it would likely be considered one of the wildest rides on record……while in actuality it has been one of the dullest years EVER for the financial markets. The... Read More →

US Stocks continued to exhibit strength during the 2nd quarter, finishing the first half of the year with solid positive returns for three major barometers, the S&P 500, the NASDAQ Composite and the Dow Jones Industrial Average.  The S&P 500 closed at 2,423.41 on... Read More →

We have a quick follow-up to yesterday’s post. As expected the FOMC raised the target range for the Fed Funds rate this afternoon by 25 basis points to 0.75%-1.00%.    However, It was not a consensus decision as the President of the Minneapolis Fed, Neel... Read More →

The Federal Open Market Committee (FOMC) of the Federal Reserve Bank is set to announce any change of short-term interest rates tomorrow at 1:00pm CT.  Fed Chair Janet Yellen will speak at a press conference at 1:30pm CT to discuss monetary policy and answer... Read More →