Category: Commentary

Investors retreat as global stocks enter bear market. Market carnage continued Thursday as ongoing investor fears over a slowing global economy left the MSCI All-Country World Index down more than 20% from its prior high set last May. WTI crude … Continue reading →

So far, 2016 has started off as one of the most volatile years ever. In fact, here’s the best way to put it: Out of the first 27 trading days, 26 of those days saw at least a 1% intraday … Continue reading →

Stocks flat following oil reversal. After starting the session on a high note, thanks to strength in financials and a report showing a drawdown in U.S. crude supplies, growth concerns were reignited after OPEC data suggested a larger global surplus … Continue reading →

Last week, the U.S. dollar dropped 2.6% for the largest weekly drop since October 2011. Sparking much of this weakness was concern the Federal Reserve (Fed) won’t hike interest rates as much as originally expected. The Fed has said there will … Continue reading →

Stocks end another volatile session with modest losses. Late-day buying helped indexes recover from early selling pressure to finish near the starting line on Tuesday. Afternoon strength was fairly broad based despite the absence of a clear catalyst; although shares … Continue reading →

Yesterday was the Chinese New Year, and with it comes the year of the Monkey. There are 12 animals in the Chinese zodiac, as it is based on a 12-year cycle. Take note that the Chinese New Year starts anywhere … Continue reading →

Indexes pare losses in late-day rally. Equities finished notably lower on Monday, though well off intraday lows thanks to a rebound in energy stocks, which rose despite another 2.8% slide in WTI crude oil. As investors dumped equities in favor … Continue reading →

This week in the Weekly Market Commentary, we take a look at bear markets that took place without a recession. By our count, there have been 10 bear markets going back to 1968, and four of them took place without … Continue reading →

Stocks fall after jobs report muddies Fed picture. Indexes started Friday’s session lower after the U.S. nonfarm payrolls report failed to clarify the potential direction of future rate hikes. Selling pressure continued throughout the day as the dollar gained ground, … Continue reading →

The January employment report came out this morning and showed the economy had created 151,000 new jobs in January, below consensus expectations. Below we break down some stats from this important report. The 151,000 jobs gained in January marked a … Continue reading →