Archive for the ‘Market Commentary’ Category
Weekly Market Commentary May 30, 2011
The debate rages again as to whether the U.S. economy is headed for a second, “double-dip,” recession, or is merely in the midst of a softer patch. Late May/early June manufacturing numbers, employment figures and auto sales all reported below estimates and housing continues
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Weekly Market Commentary May 23, 2011
Stealing headlines with a dizzying rise, LinkedIn is the hottest IPO in years closing at $88.30 yesterday after trading up +140% on day one. Bears are understandably on the prowl for a potential short as shares have traded as high as 31 times annual
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Weekly Market Commentary May 16, 2011
The last week has seen a continuation of the sell-off in the commodity complex, most notably Oil broke below the psychologically relevant $100 spot price. It appears a Greek debt restructuring is imminent in order to stave off a Eurozone crisis. As European debt
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Weekly Market Commentary May 9, 2011
After initial jubilation over the death of Osama bin Laden last week, equity bourses world-wide fell; the S&P 500 dropped (-1.7%), along with the MSCI Europe (-1.3%), MSCI EAFE (-1.1%), and MSCI Emerging Asia (-2.0%). During the week, the dollar index also rose, helping
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Weekly Market Commentary May 2, 2011
Overnight and early morning trading this Monday was dominated by news of Osama bin Laden’s death during a U.S. Special Forces operation, driving a positive overseas equity bid and carrying through into the U.S. Monday. Initially, the dollar jumped on the news, but reversed
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Weekly Market Commentary April 25, 2011
For the week, the S&P 500 and many developed market bourses posted healthy gains despite last Monday’s U.S. treasury credit downgrade threat and Irish bank debt downgraded to junk status. A largely positive earnings season, fueled in particular by the Technology sector, continues to
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Weekly Market Commentary April 18, 2011
This Monday morning the Standard and Poor’s credit service greeted the world by offering a negative outlook on U.S. sovereign debt, in essence downgrading the treasury market. Given the incredibly bearish outlook on treasuries over the last 3 years (if not longer), this action
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Weekly Market Commentary April 11, 2011
The Federal government has a budget, but still no plan we can see on dealing with the ongoing budget deficit, never mind the national debt. Outside of Washington shenanigans, Mid-East tensions dominated weekend headlines with a bloody Libyan stalemate and renewed fighting between the
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Weekly Market Commentary April 6, 2011
We would like to keep you as informed as possible with Market conditions and would like to introduce our new weekly Market Commentary email. We hope you find it as enjoyable as our Quarterly Newsletters, which we will continue to do as well. The S&P
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2011 Q1: The Free Market Flim-Flam
“It depends on what the meaning of the word ‘is’ is.” -42nd President of the United States, William Jefferson Clinton. The Starr Report, footnote 1,128. “Never believe anything in politics until it has been officially denied.” -Chancellor Otto von Bismarck The February 2011 S&P/Case-Shiller
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