Weekly Market Recap – April 12th, 2019 In the Markets The International Monetary Fund cut its global growth forecast from 3.5% to 3.3%, while the United Kingdom avoided immediate Brexit repercussions, delaying the deadline to October 31st. The default decision, if nothing changes in the coming 6 months, remains a “No-Deal Brexit”, with no firm

Weekly Market Recap – April 5th, 2019 In the Markets Strong economic news out of the U.S. and China provided a lift to equity markets. The China March Purchasing Managers’ Index (PMI) signified modestly faster growth as it expanded following 6 straight months of mild contraction. Additionally, the U.S. employment report for March showed a

Weekly Market Recap – March 29th, 2019 In the Markets With the first quarter of 2019 in the books, the S&P 500 has posted its strongest quarterly performance in a decade. The S&P 500 finished the week up 1.2% on its way to a 13% gain on the quarter, just 3% off of its all-time

Weekly Market Recap – March 22nd, 2019 In the Markets The week started with the S&P 500 climbing to a new high for 2019 amid positive investor sentiment regarding U.S. Treasury yields and a dovish Fed. However, gains were wiped away on Friday, marking a 0.8% decline on the week for the S&P. The NASDAQ

Weekly Market Recap – March 15th, 2019 In the Markets U.S. equities rebounded from the losses of the prior week. The NASDAQ led the charge with a 3.9% gain, followed by the S&P 500’s 2.9% gain and the Dow Jones’ 1.6% climb. Fed Chair Jerome Powell continued to tout the Fed\\\’s patient stance on 60

Weekly Market Recap – March 8th, 2019 In the Markets U.S. equities finished lower across the board with a batch of bearish news from around the globe. The U.S. employment report for February revealed weak job growth, with just 20,000 net jobs added, as wages rose at their fasted pace in a decade. Shrinking global

Weekly Market Recap – March 1st, 2019 In the Markets As February came to a close, the S&P 500 completed its best two month start to a year since 1987 with the index gaining 11.5%. The indices continued to climb into March, closing Friday with a YTD growth of 11.8%. The NASDAQ gained 0.9%, finishing

Weekly Market Recap – February 22nd, 2019 In the Markets U.S. equities finished their fourth straight week of gains. The U.S-China trade talks provided positive news, with the two sides reporting unspecified progress towards agreements regarding currency, as well as China’s commitment to obtain $1.2 trillion in U.S. goods. Discussions are still ongoing on the

Weekly Market Recap – February 15th, 2019 In the Markets The S&P 500 climbed another 2.5% on the week, coming within 6% of its all-time high. The other two major U.S. equity indices followed suit, with the Dow Jones up 3.1% and the NASDAQ gaining 2.4%. Reports point to positive developments in the U.S. negotiations

Weekly Market Recap – February 8th, 2019 In the Markets While U.S. equities started the week with gains, continuing their January run, international news put downward pressure on the major indices. Weakness in growth was visible across Europe, with the EU commission lowering its GDP growth forecast to 1.3% from 1.9%. The Bank of England