Posts by Trey Graham

February 20, 2018 – Weekly Market Commentary

US data showed more signs of strengthening inflation, President Trump unveiled an infrastructure spending plan, consumer sentiment rose to its second-highest level in more than a decade, the US 10-year Treasury yield hit a four-year high, and thought leaders focused on common misconceptions about stock market corrections and why real interest rates may be more important to the markets than inflation.

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February 12, 2018 – Weekly Market Commentary

Stocks entered a correction, Trump signed a budget deal, the Bank of England raised their rate hike expectations and thought leaders focused on why the recent selloff is unlikely to change monetary policy outlooks, how this bull market has held up to previous corrections, what the return of volatility means for investors, and knowing the differences and risks among exchange-traded products.

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February 5, 2018 – Weekly Market Commentary

The Fed left rates unchanged at Janet Yellen’s last meeting, US consumer spending continued to rise but at the expense of savings, consumer confidence remained near a post-recession peak and thought leaders focused on what is driving the market correction and why the 10-year Treasury yield is an important indicator for both stock and bond markets.

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January 29, 2018 – Weekly Market Commentary

The ECB called out the US for talking down the dollar, US Q4 GDP showed a slight slowdown, OPEC may extend oil cuts, the dollar hit a 3-year low, and thought leaders focused on the potential for a market melt-up, why we are not yet in a bubble, and how the underlying economic foundation indicates further room to run for the bull-market.

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January 22, 2018 – Weekly Market Commentary

The US government passed a short-term spending bill to end a government shutdown, the Bank of Canada raised rates, what happens to the stock market when the government shuts down, and thought leaders focused on the potential for a flood of fixed income supply to derail the bull market, why oil and gas companies are poised for a rebound, and why monetary tightening and inflation are major headwinds for the bond market.

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January 15, 2018 – Weekly Market Commentary

Options trading indicates investors are expecting further market gains, the UK could lose 500,000 jobs due to the Brexit, wage growth is still lagging the rest of the economic recovery, and thought leaders focused on the potential for the S&P to post negative returns in 2018, the start of a treasury bear market, and why the next move higher in stocks is likely to be more volatile than investors expect.

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January 8, 2018 – Weekly Market Commentary

The Fed expects tax cuts to boost GDP, stocks had their best start to the year since 1999, analysts cut Q4 EPS estimates by the smallest margins since 2010, Congress restarted federal budget negotiations, and thought leaders focused on why global growth may peak in 2018, and why low volatility in the stock market may be explained by lower volatility in the bond markets.

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January 2, 2018 – Weekly Market Commentary

US consumer confidence remained near 17 year highs heading into 2018, US crude oil prices closed above $60 for the first time in over 2 years, analysts are expecting a big year for S&P 500 earnings growth and profit margin, and thought leaders focused on economic problems the tax bill doesn’t solve and why the economy should continue its upward trajectory next year.

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December 18, 2017 – Weekly Market Commentary

The Fed raised rates, the final version of the tax reform bill was released, US consumers crushed spending expectations, the F.C.C. repealed rules governing internet traffic, and thought leaders focused on why a flat yield curve matters, and why tax reform and valuations are supporting the current bull market.

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