Category: Commentary


  • The media lately have been buzzing with stories of the property bubble in China, noting the prices in “tier one” cities have risen nearly 34% recently. Clearly, that is part of the debt-fueled bubble in China that will inevitably pop. … Continue reading →

  • Equities, oil add to gains. U.S. markets are up this morning, following a strong session in which all 10 sectors advanced, led by a 2.1% move in tech stocks. It is a similar story in Europe, where stocks are set … Continue reading →

  • The S&P 500 has gone a full year without a new high. We touched on this subject on this blog on Friday, and yesterday we did an in-depth look at this development in our Weekly Market Commentary. We want to … Continue reading →

  • U.S. and Europe higher, Asia mostly lower. Major indexes are moving higher as they look to bounce back from yesterday’s losses, which came amid broad weakness led by defensive stocks. Equity gains are also being spurred by WTI crude oil, … Continue reading →

  • The S&P 500 first closed above the 2,000 level for the first time ever in August 2014. With that event came a lot of excitement, as the bull market was running strong. Incredibly, since then, the S&P 500 has traded … Continue reading →

  • Stocks begin week on cautious tone. U.S. equities are trading flat this morning after strong returns on Friday from the technology and healthcare sectors helped the S&P 500 break a three-week losing streak; though consumer staples, telecom, and utilities all … Continue reading →

  • One year ago tomorrow the S&P 500 closed at 2130.82, which was also the last time it closed at a new all-time high. Going back to 1955, this is now the 13th time the S&P 500 has gone a full … Continue reading →

  • Markets looking to end week on positive note. U.S. stocks are moving higher in early trade, following gains in Asia overnight and strength in European markets. Despite the hawkish tone Federal Reserve Bank (Fed) minutes struck earlier in the week, markets … Continue reading →

  • Something very worthwhile is taking place in the bond market. Short-term yields have been surging higher as inflation continues to tick higher and the possibility of higher interest rates increases, while demand for long-term bonds remains strong thanks to foreign … Continue reading →

  • Markets lower as Fed minutes remain in focus. Stocks are slightly lower in early trading, weighed down by minutes from the April Federal Open Market Committee (FOMC) meeting that suggested a June rate hike was far more likely than the … Continue reading →