Weekly Market Commentary

Enzo Pellegrino on June 30th, 2015

The Markets Not quite as popular as Branjelina and Kimye, ‘Grexit’ (short for Greek Exit) has gained traction as a nickname during the past few months. The British press appropriated a variation, Brexit, when they discovered that the Bank of England was researching the potential risks of renegotiating membership in the European Union, or possibly […]

Weekly Market Commentary

Enzo Pellegrino on June 23rd, 2015

The Markets You’re probably familiar with the seven-year itch. Not the movie with Marilyn Monroe, but the concept that relationships can lose their luster after seven years. That may be what happened last week in China. Investors got itchy and the Chinese stock market suffered its worst week since 2008. The Shanghai Composite lost more […]

Weekly Market Commentary

Enzo Pellegrino on June 16th, 2015

The Markets Sir John Templeton once said: “Bull markets are born on pessimism, grow on skepticism, mature on optimism, and die on euphoria.” If he was right, investor sentiment seems to support the idea the bull market may be around for a while. The American Association of Individual Investors’ most recent poll indicated investors aren’t […]

Weekly Market Commentary

Enzo Pellegrino on June 9th, 2015

The Markets If it looks like a bond, and it acts like a bond…oh…that’s the problem. Government bonds aren’t acting the way investors expect. Last week, 10-year U.S. Treasuries – which, typically, are thought to be safe and stable investments – suffered the biggest one-week sell off since June 2013, according to The Wall Street […]

Weekly Market Commentary

Enzo Pellegrino on June 2nd, 2015

The Markets Is it possible to have an economic optical illusion? On Friday, the Commerce Department reported the U.S. economy contracted at an annualized rate of 0.7 percent during the first quarter of 2015. The Federal Reserve sees things slightly differently. Previously, the Commerce Department had reported our gross domestic product (GDP), which is the […]