What’s Worked for July 2015
Just a note on what worked and what didn’t in July, because August looks like more of the same. Quality, large cap companies performed well; leveraged firms did not.…
Market Update
Commodity prices were weak when July began and they’ve plunged sharply over the past two weeks (before catching a small bounce over the past two days). The high commodity prices…
Quarterly Perspective for 2Q15
Summary Financial assets had a tough second quarter. Interest rates rose while corporate profits dipped. Greece was once again in the headlines, this time joined by Puerto Rico and China. …
Market Perspective for July 6th, 2015
How seriously should we take the notion of a strengthening economy when commodities prices fell 3.8% in the first half of 2015? Last Thursday’s unemployment report with its downward revision…
Trademark Market Perspective for June 12th, 2015
The May Employment report was surprisingly strong. Labor force participation rose by 400,000 and average hourly earnings climbed to 2.3% year-over-year, so there is no way to put an…