Market Commentary: Week Ending 03-23-12

This past week saw weakness in stocks mostly driven by realizations that both the European economy and Chinese economy are both slowing down. The embarrassing story of the week was the attempt to take BATS Global Markets (headquarters in Lenexa, KS) into an initial public offering (IPO). BATS, which stands for Better Alternative Trading System, [...]

March 26th, 2012|

Market Commentary: Week Ending 03-16-12

The global markets saw big gains for the week. With the current gyrations in the markets, I thought I’d share my perspective on my current stance. Buy Low The US stock market has put in a nice run since October 2011. But, most of the gains, undeniably, have come along in a period where the [...]

March 19th, 2012|

Market Commentary: Week Ending 03-09-12

Global markets posted a fairly flat week. The big news for the week was the Greek debt restructuring that was approved on Friday. Private holders of Greek bonds, who for the most part are banks, hedge funds and the like, agreed to a “haircut” of up to 74%. Greece had as much as 85% of [...]

March 12th, 2012|

Market Commentary: Week Ending 03-02-12

For the most part, global markets posted very modest gains for the week. Yet again, the big market driving news of the week came from a central bank. This week it was the European Central Bank (ECB) and their most recent lifeline to the banks in Europe. On Wednesday we awoke to the news that [...]

March 5th, 2012|

Market Commentary: Week Ending 02-24-12

Global markets put in a mild week.  The news of the week was gas prices.  If you have not filled up lately, you’re in for a shocker.   This week also saw the beginning of our fearless leaders already blaming those darn speculators for driving up the cost of black gold. higher upon hearing I [...]

February 27th, 2012|

Market Commentary: Week Ending 02-17-12

Global markets were jostled around and settle into gains for the week. The driver this past week was the same as it has been in the past few weeks, and that is the ongoing hope/rumors that Europe is getting its arms around the most immediate problem child - Greece. Recall that not too many days [...]

February 20th, 2012|

Market Commentary: Week Ending 02-10-12

Global markets were flat to lower on the week. Going into Friday, the markets were sitting on minor gains. However, Friday erased any gains for the week, and then some. The reversal of good fortune in the markets mostly had to do with the ongoing drama in Greece, as well as weaker than expected consumer [...]

February 13th, 2012|

Market Commentary: Week Ending 02-03-12

The Global stock markets fared well for the week and were finished off with a non-farms payroll report on Friday that was, frankly, unbelievable – literally, unbelievable. Many economists do not rely too much on the Bureau of Labor statistics (BLS) data for a plethora of reasons such as: BLS is a government entity and [...]

February 6th, 2012|

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|

Market Commentary: Week Ending 01-20-12

This past week was kicked-off on Tuesday with news that China's economy is slowing.  Normally, news that China's high-growth economy is slowing would precipitate a sell-off in stocks.  But, this past week the slowdown news also came with suspicion that a China slowdown would usher in more intervention to stimulate the Chinese economy.  Intervention, stimulus, [...]

January 23rd, 2012|