05 Feb 2016

Posted at 11:02h in The Friday Brief by
Keep-PoundingFor those of you who are not inclined to pay close attention to sports headlines, the Super Bowl is this Sunday. It is the 50th Super Bowl to be played, and will find the Carolina Panthers facing the Denver Broncos in Santa Clara, California. Even if you care nothing for the game of football, it promises to be an event worth watching.

05 Apr 2013

Posted at 13:22h in The Friday Brief by
Stocks for the week are down between 1.8% and 2.2% according to the S&P 500 and the Broad US Market respectively. Most of the decline comes today on the disappointing news that US employers added only 88,000 jobs in March, the slowest pace in nine months. Economists were expecting an increase of 200,000 workers.

24 Apr 2009

Posted at 16:36h in The Friday Brief by
After six weeks of market gains, we stalled at the beginning of this one. Leading economic indicators released on Monday indicated no clear signals of improvement which promptly sent the S&P 500 down 4.3%. It appeared that investors had lost their willingness to look beyond the bad news toward the possibility of economic recovery. But optimism returned on Tuesday with a significant rally on comments from Treasury Secretary Mr. Geithner that most banks were sufficiently capitalized. Market strength continued throughout the week as one earnings or economic report followed another with enough positive insight to stoke the bulls. State Street's institutional investor confidence index jumped 10 points in April to 79.6. The report, which analyzes trading volumes, said monthly flows into U.S. stocks are in the 98th percentile.