Posts Tagged: Weekly Market Commentary

Global equity markets gained strength last week with various domestic indices reaching new highs.  The Standard & Poor’s (S&P) 500 closed higher by 1.60% and was aided by the strong performance of the S&P Financials sector.  The index gained approximately 2.98% as sentiment tied to banks and other financial intermediaries proved positive.  Political rhetoric from…

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The domestic large-cap equity market, as depicted by the Standard & Poor’s (S&P) 500, reached a record high last week as comments from President Trump may have attributed to the upside optimism.  While meeting with various airline executives late last week, the president announced that a “phenomenal tax break” would soon be announced and it…

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The results from the latest Federal Open Market Committee (FOMC) meeting proved of little concern during the week as market participants had overwhelmingly priced-in no action from the Federal Reserve.  We learned that interest rates will remain at current levels for the foreseeable future and that the Fed’s stance on the reasoning for higher interest…

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