Investors were left empty handed before the Thanksgiving Holiday; the Euro drama theme dominated financial markets last week as ongoing debt woes stemming from overseas overshadowed a host of positive economic data releases on the home front, including a surprise to the upside in durable goods orders. We anticipate for the spotlight to remain fixated on the Euro zone this week as well, while the super committee gridlock in Washington D.C. is the other critical roadblock holding back the bulls from reclaiming Wall Street.
Equity markets have taken investors for a wild ride over the past three months with chaotic trading dominating virtually every nook and corner of Wall Street. Amidst the volatility, investors have been seeking out refuge and fleeing to “safer” asset classes; although rational, this approach inevitability overlooks certain corners of the market that may in [...]
Global equity markets went on a wild ride during the month of August, and judging from September’s roaring start, many investors are probably scratching their heads in disbelief. At home, economic data indicators have started to show a trend of deceleration,while the debt crisis overseas seems to dominate headlines and spark sell-offs of all sorts [...]
This past week featured yet another wild ride for equities as a number of factors combined to jolt markets up and down. The euro-zone saw heightened fears of default early in the week, as major indexes abroad lost more than 4% to open trading. Late in the week, one of the top ECB leaders stepped [...]
Over the past few months, the Swiss franc has attracted considerable interest from traders and long term investors alike as concerns continue to mount over other major currencies such as the dollar and the euro. Thanks to this, the value of the franc has surged against the euro, up to all-time high levels. While many [...]
This past year has been marked by uncertainty and instability; what started off as a strong 2011, quickly turned into a wild ride for investors. As equities have been tossed back in forth in recent weeks, investors have their eyes fixed on major indexes and other indicators to judge the overall health of our economy. [...]
Equity markets started the week on a quiet note as investors were reluctant to jump back into the markets following the long holiday weekend. Moody’s downgrade of Portugal sent waves of selling across European equity markets, and gold jumped higher amidst all the uncertainty. The hot yellow metal was easily this week’s star-performer as it [...]
The first half of 2011 is officially in the books, and many investors find their portfolios in approximately the same place as they were to start the year (though a furious rally in the final week of the quarter gave a nice boost at an opportune moment). Most major equity indexes are up slightly on [...]
Investors returned quietly to Wall Street after the long holiday weekend as equity markets oscillated between small gains and losses for most of trading on Tuesday. Moody’s downgraded Portugal’s sovereign debt to junk-status, sending the euro lower in the currency markets and gold even higher. The hot yellow metal lead the way up and jumped [...]
Last week saw markets perform very well to close out the quarter as the Dow gained more than 600 points in five days. This robust gain came thanks to declining fears over a Greek default and solid manufacturing data in the U.S. This led many to buy equities on the dip, resulting in solid gains for all [...]
The last week was an up-and-down stretch for global equity markets, as the intensifying crisis in Greece dominated headlines and investors scrambled to analyze the potential fallout from what seems increasingly likely to be a default on sovereign debt obligations. The jump in equity markets–which snapped a six week losing streak–wasn’t really attributable to good [...]
