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Weekly Market Commentary, March 18, 2019

The Markets

Stock and bond markets rallied.

Last week, major U.S. stock indices finished higher for the 10th time in 12 weeks. Bond markets moved higher, too, with the yield on 10-year Treasuries dropping just below 2.6 percent, reported Randall Forsyth of Barron’s. Yields on 10-year Treasuries haven’t been this low since January 2018.

The simultaneous rallies are curious […]

By |March 20th, 2019|Newsletters|Comments Off on Weekly Market Commentary, March 18, 2019

Weekly Market Commentary, March 11, 2019

The Markets

Markets were rattled last week.

The market hates surprises, especially when the surprise comes from a central bank. Last week, the European Central Bank (ECB) unexpectedly reversed course and took a more accommodative stance on monetary policy in an effort to encourage stronger European economic growth. Tom Fairless of Barron’s explained:

“Officials are seeking to shore up […]

By |March 13th, 2019|Newsletters|Comments Off on Weekly Market Commentary, March 11, 2019

Weekly Market Commentary, March 4, 2019

The Markets

Is it a soft landing?

Economists use aviation metaphors to describe the results of central banks’ efforts to manage rapidly growing economies. If the Federal Reserve lifts rates enough to prevent the economy from overheating without jolting it into recession, then it has engineered a soft landing, according to Investopedia. (Rate increases that drop a […]

By |March 6th, 2019|Newsletters|Comments Off on Weekly Market Commentary, March 4, 2019

Weekly Market Commentary, February 25, 2019

The Markets

Investors were pleased with the Federal Reserve’s (Fed) new approach to its balance sheet.

The Fed delivered its semi-annual Monetary Policy Report to Congress last week. The report recapped the events of late 2018 and reiterated the Fed’s intention to “…be patient as it determines what future adjustments to the federal funds rate may […]

By |February 27th, 2019|Newsletters|Comments Off on Weekly Market Commentary, February 25, 2019