News

An up then down week in the equity markets ended with most indices finishing flat to ‐0.50% on the week. Geopolitics was front and center again this week but unlike last week, didn’t materialize in any meaningful volatility. It seems that central banks have desensitized markets to a certain extent as the downing of a passenger airliner, escalating violence in the Gaza Strip, a looming sovereign debt default in Argentina, and financial woes at a Portuguese bank have yet to ...

For the week ending July 18th, markets dealt investors a slice of volatility for the first time in several weeks. In fact, Thursday marked the first session in two months with a move greater than 1% on the day. Congressional testimony from Fed Chairman Janet Yellen, corporate earnings, and geopolitical tensions fueled markets on the week. Yellen’s testimony both pushed and pulled markets as she acknowledged stretched valuations in some areas of the stock market (biotechnology and small caps), concern ...