September 30th Weekly Market Update Down 8-to-1, Oracle Team USA won the last eight races in a row in an epic comeback to win the 34th America’s Cup last week. Almost as unexpected,the yield on the 10-year U.S. Treasury note has fallen almost eight days in a row,...
September 23rd Weekly Market Update The Federal Reserve (Fed) “kicked the can” on tapering by unexpectedly postponing any reduction in the $85 billion pace of monthly bond buying at its policy meeting last week (see this week’s Weekly Economic Commentary:...
September 16th Weekly Market Update While the Federal Reserve (Fed) could surprise investors this week, the Fed has been careful to communicate its intentions to the markets ahead of this week’s meeting. Most market participants expect the Fed to announce a tapering...
September 9th Weekly Market Update When Lehman Brothers filed for bankruptcy on September 15, 2008, defining the seminal event of the financial crisis, there was one big risk investors were worried about across their portfolios: credit risk — the potential losses...
(Reuters) – U.S. President Barack Obama’s effort to win legislative backing for military strikes against Syria passed its first hurdle on Wednesday when a Senate committee voted in favor, but the narrow margin of victory showed the depth of U.S. caution....