Weekly Update: July 22nd – 26th

Major indices finished the week at new record highs as corporate earnings continued to come in better than expected and the GDP readout for the second quarter beat economists expectations. Consumer spending, the largest part of the US economy, increased 4.3%. All eyes...

Weekly Update: July 15 – 19

Major indices finished the week slightly lower as attention shifted to corporate earnings announcements. The largest banks in the US kicked off earnings with mixed results although they showed loan growth across the board and low losses due to credit indicating a...

Weekly Update: July 8 – 12

Major indices finished the first full week of trading of the second half at all-time highs with the Dow closing above 27,000 for the first time ever. Jerome Powell’s testimony to Congress drove indices higher as the Fed Chair signaled a rate cut in July, along with...

Weekly Update: July 1 – 5

Major indices finished a holiday shortened week near all-time highs after the US and China announced suspending new tariffs and reopening negotiations on a comprehensive trade deal. The market also advanced on a better than expected jobs report for the month of June...

Weekly Update: June 24 – 28

Major indices finished slightly lower for the week as markets digested the strong gains for the month of June. Investors are also awaiting the much anticipated G20 summit in Japan where hopes of President Trump and Premier Xi calling a truce in the trade war between...