Monthly Archives: October 2016

Positive Data Helps Stocks Move Modestly Higher

U.S. Stocks rose 0.4% last week as both earnings announcements and economic data releases painted a relatively optimistic picture of the U.S. economy and corporate profitability. On the international front, developed markets rose 0.5% despite the European Central Bank (ECB) leaving monetary policy unchanged and, for the time being, not adjusting their asset purchase program. ... Read More

Fluctuations Foreshadow a Likely Volatile Fourth Quarter

Stocks and bonds moved in sync last week, falling in value nearly across the board with the exception of the Utility, Real Estate and Telecom sectors of the stock market and the High Yield sector of the U.S. bond market. ... Read More

Preparing for Volatility

The S&P 500 Index dropped 0.6% last week, while on the international front developed markets fell 0.8% and emerging markets gained 1.3%. Economic data continues to suggest that the economy is expanding at a moderate pace, firming the argument for an interest rate hike before year-end and pushing the yield on the 10 Year U.S. Treasury up to 1.73% from 1.60% last week ... Read More

A Relatively Quiet but Profitable Third Quarter

U.S. stocks gained 0.2% last week, developed international markets declined 0.65%, and emerging markets fell 1.5%. Headlines were dominated by a potential OPEC deal which propelled oil prices 7.7% higher, closing the week at $48.24 for a barrel of WTI Crude. ... Read More