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October 5, 2015
After much hand-wringing and Fed watching by investors the FOMC (Federal Open Market Committee) announced at their September meeting they would, yet again, wait a little longer before raising interest rates. A slowdown in China’s economy, global market turmoil and little to no inflation...
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August 26, 2015
After four long years the stock market finally experienced a sell-off worthy of the moniker - Correction. By the close of business yesterday all major averages had dropped in excess of 10% from their respective 52 week highs. We typically refer to a 10% sell-off as a correction and a 20% or...
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July 7, 2015
A funny thing happened on the way to a great 2nd quarter for stocks – Greece defaulted on her June 30th debt payment to the IMF (International Monetary Fund). The markets responded as expected and gave back most of the gains achieved during the quarter. After a July 5th voter referendum it appears...
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April 7, 2015
The market engaged in an almost comical tug of war between bulls and bears during the first quarter of this year as it remained obsessed with Federal Reserve monetary policy. Investors anticipated and responded to Janet Yellen and her FOMC (Federal Open Market Committee) colleagues’ every nuance...
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January 5, 2015
Janet Yellen and the other members of the Federal Reserve’s Open Market Committee (FOMC) put a little more cheer in investors’ Christmas stockings at their December meeting during which they once again refused to raise interest rates from their current near-zero rate policy. The stock market, ...
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October 3, 2014
Sustained economic growth paired with sub-par inflation furthered the debate during the 3rd quarter about how soon the Federal Reserve will begin raising interest rates. If the Fed acts too soon it risks choking off the economy and if it waits too long it risks higher inflation and market...