Weekly Market Commentary

Enzo Pellegrino on December 16th, 2014

The Markets Ouch! It was no fun to be an investor last week. The week prior, a commentary in The Wall Street Journal’s blog, MoneyBeat, offered this insight: “Falling oil prices are thought to be good for stocks because they stimulate consumer spending and hold down inflation. The lower costs support economic growth, boost corporate […]

Weekly Market Commentary

Enzo Pellegrino on December 10th, 2014

The Markets In the United States, it was more of the same ole, same ole… The Dow Jones Industrial Average and Standard & Poor’s 500 closed at record highs for the 34th time and 49th time this year, respectively. The impetus last week was a jobs report that far exceeded expectations. For the 10th consecutive […]

Weekly Market Commentary

Enzo Pellegrino on December 2nd, 2014

The Markets If investors around the world were voting on their favorite stock market, there is little doubt U.S. markets would finish near the top. Barron’s explained, “For the past three years, Wall Street has been trouncing the world’s other markets, inducing investors to pile in and bail on other assets.” So, how popular are […]

Weekly Market Commentary

Enzo Pellegrino on November 25th, 2014

The Markets Pioneer. Trendsetter. Trailblazer. Whatever term you decide to use, there’s no debate about the fact central banks around the world are taking a page or two from the U.S. Federal Reserve’s playbook. The Fed may have ended quantitative easing (QE) – its program of buying government bonds to keep interest rates low and […]

Weekly Market Commentary

Enzo Pellegrino on November 18th, 2014

The Markets “Is all this stock market optimism a red flag?” Contrarians – investors who bet against prevailing market trends – were probably nodding along as they read that headline in The Wall Street Journal back on January 18, 2013. The Journal cited the American Association of Individual Investor’s (AAII’s) Sentiment Survey, which showed about […]