Top Stories Last Week • Five of Thirty US Banks Failed Stress Tests Citi Group, Zions Bancorp, HSBC North America, RBS Citizen’s Financial and Santander Holdings USA failed stress tests. The Fed rejected their capital plans. Citi Group shares tumbled by 5% after the news. • Durable Goods Orders Rose, but Capex Looked Weak The … Read more
Top Stories Last Week • US Stocks Moved Higher Last Week US stocks moved higher while bonds declined as Fed signaled interest rate rises in 2015. Last week, S&P index rallied 1.3%, and MSCI EAFE index climbed 0.1%. The MSCI Emerging Market jumped by 1.7%. Gold tumbled 3.5%, and the SPGC commodity index dropped by … Read more
Top Stories Last Week • US Stocks Moved Higher Last Week US stocks moved higher while bonds declined as employers added more jobs than expected. Last week, S&P index rallied 1.1%, and MSCI EAFE index climbed 0.2%. The MSCI Emerging Market was flat. Gold climbed 1.2%, and the SPGC commodity index rose by 0.5%. The … Read more
Top Stories Last Week • US Stocks Rallied Last Week The US stocks rallied as the Fed Chair Janet Yellen in her testimony before the Senate indicated that the US economy softened and signaled the pace of tapering can be reconsidered if there is a significant change of economic outlook. Last week, S&P index rallied … Read more
Top Stories Last Week • Stocks Changed Little Last Week The US stocks changed very little as investors tried to balance between soft economic data and their implication for monetary policies. Last week, S&P index dropped 0.1%, and MSCI EAFE index rallied 0.7%. The MSCI Emerging Market was down slightly 0.1%. Gold climbed 0.3%, and … Read more
Top Stories Last Week • Stocks Have Their best Week So far this year The stock market got a boost on Tuesday when Janet Yellen, the new head of the Federal Reserve, said she would continue the central bank’s low-interest rate policies. The US stocks finished the best week in 2014 as Congress moved toward … Read more
Top Stories Last Week • Global Equity Markets Rose in a Volatile Week Disappointed US job reports triggered speculation that the Fed may keep loose monetary policies longer. The Global stock markets recover all the losses suffered after the below-than-expected ISM manufacturing number was reported on Monday. Last week, S&P index rose 0.8%, and MSCI … Read more
Top Stories Last Week • US Equities Fell on Earning Concerns The Standard & Poor’s 500 Index fell for the week, after touching an all-time high, as weaker-than-estimated earnings at companies from Citigroup Inc. to CSX Corp. offset an improving outlook for the global economy. Last week, S&P index dropped 0.3%, and MSCI EAFE index … Read more
Top Stories Last Week • Equity Markets Rose in the Week Global stocks rose slightly in the second week 0f 2014. S&P index rose 0.7%, and MSCI EAFE index rallied 1.3%. The MSCI Emerging Market Index was up 0.6%. On other hand, gold climbed 0.8%, while the SPGC commodity index dropped by 0.6%. The bond … Read more
Top Stories Last Week • Global Stock Markets Started the New Year with Negative Performance Global stocks started 2014 with negative performance. Last week, S&P index dropped 1.0%, and MSCI EAFE index declined 1.7%. Even worse, the MSCI Emerging Market tumbled 3.6%. On other hand, gold climbed 2.7%, while the SPGC commodity index dropped by … Read more