Market Commentaries

Weekly Market Commentary

David Scutt – Business InsiderYield Curve Flattening Keeping Investors CautiousSummary: The spread between the 10-year and 2-year US Treasuries hit its lowest level since 2007 at 0.41%. Shorter-dated yields have advanced at a rapid pace as the Fed has been raising rates and inflationary pressures are showing up in the economy. Investors may be wary of taking too much risk as the spread tightens because a negative yield curve has been a leading indicator of past recessions. 

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April 16, 2018 – Weekly Market Commentary

China vowed to keep its economy open and avoid a full-scale trade war, US inflation data continued to trend higher, the Fed is confident that the economy will continue growing this year, and thought leaders focused on the potential for blockbuster Q1 S&P 500 earnings, why recent volatility drivers may fade from investors’ views, and why foreign stocks may be a better bet than US stocks over the long-term.

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April 9, 2018 – Weekly Market Commentary

Trade complications between the US and China continued, the new Fed Chair and vice chair of the policy-setting committee may not see eye to eye on potential trade risks, the S&P 500 tripled last year’s number of 1% price swings, and thought leaders focused on how tighter financial conditions affect stocks and why Washington isn’t all to blame for the recent surge in volatility.

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April 2, 2018 – Weekly Market Commentary

Washington crackdown on Chinese investment, Britain’s lagging economy, a new market for oil futures, Saudi Arabia gets promoted, politics are raising the prospects of economic uncertainties, and how to navigate the rapid increase in market volatility.

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Q1 2018 Market Commentary

Global markets entered correction territory and struggled to recover amidst protectionist trade discussions. How did major asset classes react rebound in volatility? Waterloo’s Q1 2018 market commentary breaks down the results of a tumultuous start to the year.

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March 26, 2018 – Weekly Market Commentary

The US and China traded tariffs, the UK and the EU crossed an important Brexit milestone, the Fed raised rates, and thought leaders focused on why there are still opportunities for investment in emerging markets and how the markets have realigned following recent sell-offs.

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March 19, 2018 – Weekly Market Commentary

Key inflation data shows weakness in US prices, Larry Kudlow will head the White House National Economic Council, bond traders are shying away from US Treasuries, and thought leaders focused on why rising rates may spell the end of the bull market, why short-term volatility shouldn’t keep investors out of the markets, and why the fallout from trade regulations will hit emerging markets first.

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March 12, 2018 – Weekly Market Commentary

Gary Cohn resigned, President Trump signed a tariff order, the US jobs report blew away expectations, the ECB turned more hawkish, and thought leaders focused on how companies are spending their tax-cut savings, why market returns may be lower in the future and why higher volatility may be more worrisome than rising interest rates.

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March 5, 2018 – Weekly Market Commentary

President Trump proposed metal tariffs, Jerome Powell completed his first congressional testimony as the new head of the Federal Reserve, China paved the way for its president to lead indefinitely, eurozone inflation slowed, populist parties scored big in the Italian elections, and thought leaders focused on which asset class has the most to lose from potential trade wars, and the market implications of the Italian election.

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February 26, 2018 – Weekly Market Commentary

The Fed expects to continue raising interest rates, a record number of S&P 500 companies issued positive EPS guidance, data suggests growing economic momentum but also rising prices, Warren Buffett offered his wit and wisdom in his annual letter, and thought leaders focused on the potential for rising rates to lead to rising debt servicing costs, why the economic expansion is poised to continue, and why momentum stocks still have room to run in 2018.

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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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