Weekly Market Commentary

Enzo Pellegrino on October 21st, 2014

The Markets It’s a little early for Halloween, but markets sure got spooked last week. After a 21-month ride to mid-September highs, stock markets jolted and shook investors last week like the most dramatic and scream-inducing rollercoaster at an amusement park’s fright night. Barron’s described it like this: “The Dow Jones Industrial Average endured dizzying […]

Weekly Market Commentary

Enzo Pellegrino on October 14th, 2014

The Markets Keep Calm and Carry On. The slogan comes from a United Kingdom Ministry of Information propaganda poster designed to boost morale if the United Kingdom was invaded during World War II. Despite its current popularity, the poster was never distributed. The slogan offers some sound advice for anyone who was unnerved by last […]

Weekly Market Commentary

Enzo Pellegrino on October 7th, 2014

The Markets “Life is fine! Fine as wine! Life is fine!” During the third quarter of 2014, U.S. investors remained as optimistic as the narrator in Langston Hughes’ poem, Life Is Fine. All major U.S. indices pushed higher during the quarter despite mixed economic signals, monetary policy concerns, and geopolitical tensions. U.S. Treasury bond markets […]

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 […]