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Market Updates

Market Update – March 23, 2018

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...
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Market Update – February 8, 2018

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...
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Market Update – February 5, 2018

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...
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Market Update – February 4, 2018

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...
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March 2017 – Fed Recap

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...
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March 2017 – Fed Preview

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...
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