Market Commentary

October 16th, 2017 - Market Commentary

The shortened holiday week saw equity markets post modest gains and the S&P 500 manage to strike its 44th all‐time closing high ‐ on pace for 56 on the year which would rank third all‐time in terms of number of record closing highs. [...]

October 2nd, 2017 - Market Commentary

Last week wrapped up the month and the quarter with most attention now looking forward to the kickoff of third quarter earnings season and whether the home stretch of 2017 will deliver any notable policy initiatives. One significant U.S. policy objective stepped forward last week with the administration releasing its tax reform package while healthcare reform looks to be off the table for now. Interest rates moved higher on continued encouraging economic releases and news of FOMC chair candidate Kevin Warsh, a notable hawk, getting serious consideration. [...]

September 25th, 2017 - Market Commentary

Last week was profiled by North Korea tensions rising anew and Fed meetings with policy announcements. Equity markets were fairly benign with large cap U.S. stocks posting a second consecutive, albeit small gain, while smaller cap indices notched respectable gains. [...]

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. [...]

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