Category: Commentary

Equities rise as Britain votes. Equities in both the U.S. and Europe are moving higher as the vote to decide whether the U.K. will remain in the EU is officially underway. Yesterday’s session in the U.S. saw a similar open, … Continue reading →

Citizens of the U.K. are voting today to remain in or leave the European Union. Polling data suggest that the vote is very close; though the “remain” vote is slightly ahead, it is well within the margin of error and … Continue reading →

In an investment environment where bond yields are frequently described with the words “all-time lows” and “record lows,” traditional bond valuations can help frame the yield discussion. A review of inflation-adjusted bond yields helps put some context around the decline … Continue reading →

Stocks rising ahead of Brexit, Yellen. U.S. equities are moving up in early trading; they ticked slightly higher in yesterday’s session, but moved off their highs as Federal Reserve Bank (Fed) Chair Janet Yellen expressed concern about the global economic … Continue reading →

On Friday, the S&P 500 marked 50 consecutive days without a 1% drop—something it hasn’t done for two years. The last time the index dropped 1% or more was a 1.2% drop on April 7; and incredibly, it has not … Continue reading →

U.S. markets look to add to Monday’s gains. Domestic equities are moving modestly higher in early trading, as investors continue to show cautious optimism ahead of the June 23 Brexit referendum. The S&P 500 closed up 0.58% yesterday, though that … Continue reading →

The upcoming Brexit vote (in which the U.K. will decide if it is to remain in the European Union) has been the major—in some cases, the only—factor in market performance during the past week. We have written extensively on this … Continue reading →

Markets rally as polls suggest Britain to remain in EU. Risk assets are on the upswing this morning, brushing off a disappointing last week, as weekend polls pointed to an increased likelihood that the U.K. votes to stay in the … Continue reading →

Crude oil has had a rough week this week, down nearly 5% for the week as of Thursday night. Considering as of four months ago crude oil was in the midst of its worst bear market in history, a 5% … Continue reading →

Markets open lower despite overseas gains, oil spike. U.S. indexes are trading near flat this morning after a move higher throughout Thursday’s session. The largest moves yesterday came from defensive sectors telecom, utilities, and consumer staples. Overseas, European indexes are … Continue reading →