Stocks Tend to Ignore Shutdowns

Next week could bring the third government shutdown of 2018, especially after the fireworks out of Washington yesterday. In a widely watched live TV debate, President Trump sparred with Senate Minority Leader Schumer and House Minority Leader Pelosi regarding funding...

Market Update | Dec 12, 2018

Macro View Daily Insights May to face confidence vote on Brexit. UK Prime Minister Theresa May will face a vote of confidence after the required 48 letters of “no confidence” were received from MPs following her three-stop tour across Europe yesterday. The meetings...

Market Insight Monthly | November 2018

Economy: Economic Data Improves, Trade Weighs on Businesses Economic Data Economic trends generally improved in November, even after strong gross domestic product (GDP) growth over the last two quarters. The Conference Board’s Leading Economic Index (LEI), an...

Bond Sector Swings

Yields on two-year and three-year Treasury notes remain higher than five-year yields after both spreads turned negative last week, known as an inverting of the yield curve. However, as we discussed last week, it’s the spread between yields on longer dated Treasuries,...

Market Update | Dec 11, 2018

Macro View Daily Insights Another big reversal off the lows. The S&P 500 Index once again found support near the bottom end of its recent range, this time bouncing significantly off the intraday lows. At its low’s, the S&P 500 was down 1.9%, but managed to...