Current Investment Perspectives
The S&P 500 index ended last week flat as broad strength in corp. earnings offset weakness in the tech sector. US equity volatility continued to hold at exceptionally low levels— the VIX index’s average weekly level was the lowest since 1993. In Europe, the STOXX 600 index ended the week down -0.5% with similarly low volatility. In Japan, the TOPIX ended the week down -0.5%.
Continue: July 31, 2017 Investment Perspectives
The S&P 500 Index rose 0.6% despite losing steam late last week as some names weighed down the index with weaker earnings results. The Euro Stoxx 600 declined 1.7% as Euro strength acted as a headwind to equity performance. Bucking the trend, the FTSE 100 rose 1% as sterling weakness propped investor confidence amidst the second round of Brexit negotiations.
Continue: July 24,2017 Investment Perspectives
US equities rose with the S&P 500 Index up 1.42%. Gains were made following Fed Chair Yellen’s comments that hinted at the potential for a more gradual pace of rate interest rate hikes if subdued inflationary expectations were to persist.
Continue: July 17, 2017 Investment Perspectives
In a holiday shortened week for US markets, the S&P 500 ended flat, as an early rise on the back of strong manufacturing data was offset by weakness in energy stocks. The Stoxx Europe 600 ended roughly flat, with sliding oil prices and hawkish ECB (European Central Bank) minutes dominating selling in the latter half of the week. In Asia, the Shanghai Composite notched slightly higher buoyed by positive PMI data.
Continue: July 10, 2017 Investment Perspectives
US equities ended the week 0.6% lower, capped by a 2% drop in technology, this year’s strongest-performing S&P 500 sector. European equity indices fell broadly as hawkish comments from central bankers spurred a selloff. The Stoxx Europe 600 fell 2.1% and the FTSE 100 fell 1.5%. Japanese stocks also traded lower, mirroring the pressure on US and European markets.
Continue: July 3, 2017 Investment Perspectives
The S&P 500 touched record levels early in the week but leveled out amid weakness in consumer staples, financials, and energy. The healthcare sector rallied after the latest effort at ACA reform was unveiled in Washington.
Continue: June 26, 2017 Investment Perspectives
US stocks set new record highs while shrugging off Washington concerns (not an easy thing to do). Investors seemed focused on earnings results, the latest commentary from the Federal Reserve, and an announcement that OPEC is extending production cuts in an effort to support oil prices.
Continue: May 30, 2017 Investment Perspectives
Although US equities pulled back slightly last week, corp. results, earnings and revenues continue to show signs of improvement. Markets have remain buoyant with the S&P 500 at its all-time high of 2400.
Continue: May 15, 2017 Investment Perspectives
Equity markets around the world surged this week (with the exception of Canada and China) as they priced in a higher likelihood of Euro-area stability due to the results of the first round of the French Presidential election last weekend.
Continue: May 1, 2017 Investment Perspectives
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