Category Archives: Weekly Wrap

Weekly Wrap: Markets Seesaw on the News of the Day

Weekly Wrap: Markets Seesaw on the News of the Day

The shift towards macro continues in the markets, while the record levels of corporate buybacks create a major buyer for stocks. The strength of the US Dollar continues, affecting emerging markets, which some fear could eventually affect developed markets. Consumer sentiment is high and we are seeing the impact of the tax cuts, without which the take-home page for the vast majority of Americans would have actually declined over the past year.

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Weekly Wrap: Markets Treading Water While Economic Data Sinks

Weekly Wrap: Markets Treading Water While Economic Data Sinks

The attempt by value stocks to take the lead from growth stocks was short-lived and we are back to the momentum is your friend trend. The economic data for the week points to an economy that is not as robust as the headlines would indicate once you look into the details. Despite all the talk of a bull market, the major indices, outside of the Nasdaq, have failed to recapture their January highs. Overall the markets were pretty quiet outside of the Tesla excitement.

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Weekly Wrap: Where Do We Go From Here?

Weekly Wrap: Where Do We Go From Here?

The US continues to outperform many other regions and the dollar continues to strengthen making our domestic stock market relatively more attractive. Job gains continue to beat expectations while inflation isn’t quite as bad as one would expect, but we are wary of just how much stocks are priced for perfection as we see margin pressures coming courtesy of the lack of available labor.

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Weekly Wrap: The Tale of Two Cities between Facebook and Amazon Earnings

Weekly Wrap: The Tale of Two Cities between Facebook and Amazon Earnings

While GDP growth for the second quarter did come in strong, the major drivers of that growth are not likely to be repeated in the back half of 2018. The lack of business capital spending tells us the C suite isn’t overly enthusiastic about their growth prospects and the share price changes in response to earnings results attests to our assertion that stocks have been priced for perfection.

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