Weak Earnings Weigh on Markets

Markets declined for most of the week on disappointing third quarter earnings reports, with the technology sector hardest hit. On Friday, the 25th anniversary of 1987’s stock market crash (known as Black Monday)[1], trading was mostly downbeat as investors digested a string of disappointing earnings reports. In spite of this, markets staged a brief comeback … Read more

How Far We've Come

Markets declined last week, retreating after initial third quarter earnings reports showed weakness and the World Bank cut its growth estimates in Asia. While the major indexes rallied a bit on Thursday and Friday, overall, investors decided that they didn’t have much to get excited about. For the week, the S&P declined 2.21%, the Dow … Read more

A Few Bright Spots

Markets started the week off slowly, but quickly picked up steam after several upbeat economic reports were released. Despite the headwinds blowing across global economies, a handful of important domestic indicators showed that the economy improved in September. All three major indices responded well to this news, posting their first positive week in three weeks, … Read more

3Q 2012 Quarterly Edition

Wall Street closed its best third quarter since 2010 after a wave of central bank actions across the globe (and expectations of future action) drove up equities in an unexpected summer rally. However, signs of weakness in the economy pushed markets down in the final week of September and may lead to further bearish sentiment. … Read more