Weekly Commentary

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Monday, June 26, 2017

Oil lost ground during the week as gold and U.S. equities experienced modest gains. The S&P 500 was up for the second consecutive week with the Nasdaq and Dow Jones both also rising.

Monday, June 19, 2017

The Federal Open Market Committee (FOMC) hiked rates 25 basis points (bps) while the Nasdaq, oil and gold finished lower for the second consecutive week.

Monday, June 12, 2017

In a twist the favorite FANG tech stocks got slammed on Friday raising concerns about tech stocks in general that have dominated 2017’s market. Despite this U.S. equity markets finished flat; oil and gold dipped and the 10-year U.S. Treasury yield closed at approximately 2.21%.

Monday, June 5, 2017

Disappointing job growth in May, though bond-friendly, is not likely to deter the Federal Reserve from a June rate hike or from its view that the 1Q17 slowdown was transitory. Globally, stock markets gave ground until Wednesday, then rallied to close the week on an upbeat note. Oil prices slid, giving back much of last week’s gains; gold was up modestly. The yield on the 10-year U.S. Treasury note fell to about 2.15% on soft hiring news.

Tuesday, May 30, 2017

Despite lighter trading ahead of the holiday weekend, U.S. stocks posted healthy gains as a strong earnings season wound down. The 10-year U.S. Treasury yield rose slightly on the week.

Monday, May 22, 2017

U.S. equities demonstrated resilience bouncing back at the end of another period flooded with political headlines. Oil rallied as investors await the upcoming Organization of Petroleum Exporting Countries (OPEC) meeting.

Monday, May 15, 2017

Political news and Fedspeak populated headlines during a fairly uneventful week of trading. U.S. equities along with gold experienced a flat week as oil bumped up. The 10-year U.S. Treasury yield closed at approximately 2.33%.

Monday, May 8, 2017

The government averted a partial shutdown as the S&P 500 hit its third consecutive week of gains and oil experienced a five-month low.

Monday, May 1, 2017

Mixed economic data and the release of the Trump administration’s tax-reform plan held investors’ attention during a week that concluded with equity gains.

Monday, April 24, 2017

U.S. equities crept up during the period with the Nasdaq, Dow Jones and S&P 500 each posting a gain. Oil dove and gold finished lower. The 10-year U.S. Treasury yield closed at approximately 2.31%.


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