Weekly Market Commentary

Enzo Pellegrino on September 30th, 2014

The Markets Last week offered some lessons in career management, economics, and investor impulse, among other things. Derek Jeter, the well-loved Yankees shortstop, finished the final home game of his career by smacking a game-winning hit. Throughout his last season, ticket prices for Yankees games soared on the secondary market with $16 bleacher seats selling […]

Weekly Market Commentary

Enzo Pellegrino on September 23rd, 2014

The Markets About 25 years ago, Peter Jennings interrupted General Hospital to tell the nation Coca-Cola had decided to bring back its original recipe. The nation was thrilled and sales soared. The Federal Reserve’s impending rate hike is about as popular as the New Coke; however, no soap operas were interrupted last week when the […]

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 […]