Weekly Market Commentary

Enzo Pellegrino on September 16th, 2014

The Markets If you’re familiar with fairy tales, you’ve probably encountered a story or two that involves the granting of wishes. Usually, these are cautionary tales. Well, there was some wishing going on around the globe last week and, if the wishes come true, the outcomes may be less beneficial than anticipated. In the United […]

Weekly Market Commentary

Enzo Pellegrino on September 9th, 2014

The Markets It’s déjà vu all over again! Last year, pundits and analysts tried to discern when the Federal Reserve might begin to end quantitative easing by reading economic tea leaves. For months, bad economic news proved to be good news for stock markets. This year, investors are seeking signs which might indicate when the […]

Weekly Market Commentary

Enzo Pellegrino on September 2nd, 2014

The Markets There is no substitute for mental preparedness. Just ask any professional athlete or Navy SEAL. One essential aspect of metal preparation is situational awareness – being able to identify, process, and understand what is happening around you at any given time. That’s been a challenge for bond investors this year. 2014’s Treasury market […]

Weekly Market Commentary

Enzo Pellegrino on August 26th, 2014

The Markets What do Harry S. Truman and Hindu goddesses have in common? Both were invoked to describe Federal Reserve Chairwoman Janet Yellen’s speech at the Jackson Hole Economic Policy Symposium last week. In her opening comments, Yellen confirmed the economy had improved and suggested more data was needed before the Fed could determine its […]

Weekly Market Commentary

Enzo Pellegrino on August 19th, 2014

The Markets If you have young children or grandchildren, you may have read “Alexander and the Terrible, Horrible, No Good, Very Bad Day” by Judith Viorst. Well, that’s what last week was like on the European continent from an economic perspective. Hopes of economic recovery were put on hold when gross domestic product (GDP) figures […]