Market Commentaries

10 Nov

Dow Lower as House and Senate Seek Consensus

November 10th, 2017 Enthusiasm over tax reform faded this week as Senate Republicans unveiled their own tax cut plan which fell flat with markets. The plan has several key differences from the one presented by House Republicans two weeks ago, and lawmakers must now work to reconcile both versions for a vote. With no major…

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Contribution Limits
03 Nov

Tax Plan, Data and Fed Find Investors’ Strike Zone

November 3, 2017 There were several big-league announcements out of Capitol Hill this week as the Republicans unveiled their long-anticipated tax plan and as the White House nominated Fed Governor Jerome Powell as the next chairperson of the Federal Reserve. In monetary policy and economic news, the Federal Reserve voted on Wednesday to hold rates…

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Zombie Accounts
27 Oct

Monster Earnings Lift Investors’ Spirits

October 27, 2017 Another strong week for earnings lifted investor spirits as tech giants Amazon, Google, and Microsoft all handily beat the Street, sending their shares soaring in Friday trading. In the only major U.S. economic release, GDP rose 3.0% in the third quarter which also beat expectations. After weeks of dropping hints about curtailing…

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