Earnings are always the big wind behind the market direction, but there are other issues that help add to the narrative. The combination of a finalized election, effective vaccine trials, and positive earnings from various sectors drove equity indices higher in November. Analysts expect upcoming additions to the S&P 500 Index to produce added volatility with the index, creating demand …
Macro Overview – August 2019
Trade tensions escalated as the U.S. announced a 10% tariff commencing September 1st on $300 billion of Chinese imports that haven’t yet been subject to any tariffs. The additional tariffs would essentially apply to nearly all imports from China. Another $250 billion in Chinese imports have already been subject to a 25% tariff for the past few months. While this …
Macro Overview
Macro Overview February 2017 A change in sentiment was prevalent throughout the markets as new rules and regulatory reversals began to take effect. Volatility rose as markets tried to discern President Trump’s policies. Equity markets propelled to new highs in January as optimism fueled U.S. equities, sending the Dow Jones Industrial Average to a new milestone level of 20,000. The …
Stock Indices Reach New Highs – Domestic Equity Overview
Although there will always be reasons to be cautious and diversified in our investment portfolios, there are many reasons to be optimistic right now. Many analysts believe that the stock market rally following Trump’s election reflects the expectations of a new era of fiscal stimulus. Both economists and analysts agree that the Fed has basically exhausted all of its stimulus …