Modest Job Growth Shows Economy Expanding, but Slowly Equites rallied for the second straight week, supported by developments in trade and politics and mildly encouraging economic data. The S&P 500 and Nasdaq both rose 1.8%, the Dow gained 1.5% The R2k was higher by 0.7% but trailed its large-cap peers….

A slide in Treasury Yields deepens worries about growth and low inflation. A wild week in the markets, concerns over growth, trade, and yields played out. Despite the markets having the worst day of 2019 on Monday, each of the major indices losing around 3%, the S&P 500 only finished…

From record highs to the worst week of the year.  After closing at record highs last Friday the S&P500 had its worst week of the year closing lower all five days, ending the week down over three percent. Utilities and Real Estate were the only sectors to close higher. The…

The S&P rose 1.6% this week and closed at 3025, another new all-time closing high for the index. The Nasdaq, mid-caps and small caps all advanced 2.0% or more. The Dow lagged at just a 0.1% gain – Earnings were in focus all week – Q2 Earnings Scorecard from FactSet; (with 44% of the…

The S&P 500, Dow Jones and Nasdaq hit new all-time highs on Monday but ultimately closed lower on the week. Energy was the worst-performing sector, down 2.61%. The entire energy complex collapsed this week, with commodity prices only stabilizing on Friday after Iran seized a British oil tanker. Consumer staples…

Hopes of a 50 bps rate cut were dashed Friday as the June payroll numbers showed continued job growth. The US economy added 224k nonfarm jobs in June. Prior to the release, the FedWatch tool was pricing in a 32% chance of a 50bps cut in July. After the payroll report, the…

We end the 1st half of the year with equities up double digits. Technology is up 26% with both Industrials and Consumer Discretionary up 21%. Healthcare is the relative laggard, trailing the market by 1000 bps. It should also be noted that equities had a great run in June. The S&P…

The S&P 500 increased 0.53% this week, buoyed by consumer discretionary companies as the market remained hopeful for positive outcomes in the Fed’s policy decision next week and the G-20 summit later this month. The Dow gained 0.4%, the Nasdaq rose 0.73%, and the R2k increased by 0.58%. There was…

May was a risk-off month as the S&P 500 fell 6.58%. For the week, not only did equities get crushed but bonds zoomed higher pushing the 10-year treasury yield below the fed funds rate. Not a single S&P sector closed higher this week and S&P 500 fell below its 200-day moving average….

Equity markets started the week down two-to-three percent then rallied back Tuesday, Wednesday, and Thursday but still ended the week in the red. The Dow lost 0.7%, the Nasdaq fell 1.3%, and the Russell 2000 lost 2.4%. On Monday China increased the tariff rate on $60 billion of U.S. imports…