Commentary – Page 220 – Beacon Wealth Advisors, LLC

24 Aug

3 Years Ago Today

Three years ago today investors saw the Dow fall 1,000 points for the first time ever. Although it didn’t close down 1,000 points, it was still a historic day for the market. Sparking the meltdown was worries over the Chinese … Continue reading →

24 Aug

Market Update: Friday, August 24, 2018

Daily Insights Trade talks go nowhere, as expected. Scheduled talks between the U.S. and China ended yesterday, with no major concessions from either side and no further discussions scheduled, as expected. Each country also rolled out $16 billion in tariffs … Continue reading →

24 Aug

Jackson Hole Preview: What to Watch for at the Fed’s Economic Policy Symposium

Yesterday, the Federal Reserve (Fed) kicked off its annual Economic Policy Symposium in Jackson Hole, Wyoming. Fed Chair Jerome Powell is scheduled to speak at 10:00 ET today in one of his most publicized speeches of the year. Much has … Continue reading →

23 Aug

Emerging Market Fundamentals Overshadow Currency Turmoil

After a healthy start to the year, emerging markets (EM) have struggled, given tariff concerns and a stronger U.S. dollar. Most recently, Turkey’s diplomatic and political struggles have devolved into a currency crisis that has weighed on the world’s developing … Continue reading →

23 Aug

Market Update: Thursday, August 23, 2018

Daily Insights U.S. and China talks continue. Secondary players on both sides continue talks today (as additional tariffs on $16 billion in goods on both sides go into effect). Though we remain hopeful for a deal of some sort, negotiations … Continue reading →

22 Aug

Market Update: Wednesday, August 22, 2018

Daily Insights The longest bull market ever. The bull market that started back in March 2009 is now officially the oldest bull market ever – topping the duration of the bull from the 1990s. While there are some valid arguments … Continue reading →

22 Aug

Made It

Well, today is the day. The bull market that started back in March 2009 is now officially the oldest bull market ever – topping the duration of the bull from the 1990s. We took a deeper dive into this recently … Continue reading →

21 Aug

Will the Turkish Twist Continue to Hinder Emerging Market Debt?

Turkey is currently facing serious financing problems, and investors in emerging market debt (EMD) have clearly taken note. Turkey has borrowed heavily in currency markets through its issuance of foreign-denominated debt, much of it in U.S. dollars. The value of … Continue reading →

21 Aug

Market Update: Tuesday, August 21, 2018

Daily Insights U.S. dollar takes a breather. The dollar has dropped for four straight days (vs. a basket of global currencies) from a 12-month high reached on August 15 as fears around Turkey’s currency crisis have calmed and (more) trade … Continue reading →

20 Aug

Talking Turkey

Emerging market (EM) equities have been under pressure recently thanks to the combination of a stronger U.S. dollar, the ongoing U.S. and China trade dispute, concerns in Argentina, and now worries over the financial stability of Turkey. Is Turkey the … Continue reading →

Category Archives: Commentary