Understanding the Election and Market Surprises

As the end of 2016 grows closer, we have to say that this has certainly been an eventful year. A long presidential election campaign left many Americans feeling bruised and more divided than ever. And many people were surprised when Donald Trump emerged as the victor. Similar to Brexit’s unexpected win in June, election polling [...]

December 12th, 2016|

Market Commentary: Week Ending 01-27-12

The big news this past week was the Fed’s statement on Wednesday that they would maintain “exceptionally low rates through at least late 2014.” In layman’s terms, this means the Fed will be printing money to purchase treasury bonds to keep interest rates down.  Keep in mind that interest rates are not supposed to be [...]

February 3rd, 2012|

Current Environment – CWM Investment Outlook for 2012

I have my suspicions that the New Year is going to bring some interesting dynamics to the stock market.  I’ve attempted to address the Current Environment that we are in by discussing where we’ve been historically, why I continue to maintain a large cash position in my clients’ portfolios, and where I think we’re headed [...]

January 8th, 2012|

Market Commentary: 10-7-2011

Surprisingly, we saw a positive week in the markets, though there was little volume.  The returns were surprising because of all the continued bad news coming out of Europe.  Belgium’s biggest bank, Dexia, is going to be bailed out and partly nationalized by the French and Belgium governments, Italy and Spain were both downgraded, and [...]

October 10th, 2011|

Market Commentary: 9-23-2011

This past week could not have ended sooner.  The big news of the week was the Fed's announcement of the much anticipated “Operation Twist II.”  The Fed will be selling $400 billion in short-term treasuries and buying the same amount in long-term treasuries.  This left the market sour as investors were looking for more purchasing [...]

September 26th, 2011|

Market Commentary: Week Ending 8/12/2011

We are lucky this week turned out mildly down.  The return of volatility is pretty well entrenched in the market at the moment and that is not a good thing.  The news that pushed the markets all over the map for the last few weeks is liquidity tightening up across Europe.  At the heart of [...]

August 14th, 2011|

Market Commentary: Week Ending 7/15/2011

It was almost a good week.  The market slid into Wednesday, and then got a pop from the Federal Reserve.  On Wednesday, Federal Reserve Chairman Ben Bernanke was testifying before Congress and indicated that the door on additional stimulus, via bond purchases, was still open.  The stock market briefly took off on this news, but [...]

July 18th, 2011|