Market Commentary

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September 18th, 2017 - Market Commentary

Global growth and low interest rates propelled U.S. equity markets to record levels last week. U.S. indices notched a trifecta with the DJIA, S&P 500, and Nasdaq all hitting record levels. The DJIA posted its best week of the year. [...]

Sept. 11th, 2017 - Market Commentary

Equity markets pulled back during last week's holiday shortened trading. Tensions with North Korea, the impact of multiple hurricanes, and some legislative developments in D.C. all factored into the mix. [...]

August 28th, 2017 - Market Commentary

Overall this was a relatively quiet week with the market's attention focused skyward Monday on the solar eclipse, westward Thursday for the Jackson Hole central bank symposium, and southward Friday on inbound hurricane Harvey. [...]

August 21st, 2017 - Market Commentary

In a week marked by tragedy and turmoil, equity markets remained fairly muted, outside of a significant drop on Thursday when social/political turmoil in the U.S. and heartbreaking terror attacks in Spain hijacked the headlines. Smaller cap and cyclicals (energy, industrials, consumer discretionary) underperformed large caps and defensives (utilities, real estate, consumer staples). The yield curve flattened on the week with short rates rising 3-4 basis points while the long end fell 1 basis point. [...]

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