THE MESSAGE TRUMPS THE MESSENGER In the U.S., politics continue to capture headlines and consume investor attention.
It’s been an eventful year for markets and countries around the world. The S&P 500’s small 0.73% loss is its worst performance since the flat return of 2011 and the first negative price performance since 2008.
Year to date, the US dollar has risen about 11.6% vs. the Euro. As mentioned previously, this is due to a divergence in monetary policies.
Concerns about the negotiations surrounding the fiscal cliff negatively impacted the U.S. markets for the quarter...
Investors may experience déjà vu should Congress fail to come to an agreement by the end of December...
Markets in early November were mostly distracted from the positive economic news in the U.S. by poor earnings reports, election jitters, and Hurricane Sandy...
Markets were strong during the third quarter, reversing most of the losses suffered the previous quarter...
The initial fears at the end of the second quarter that the U.S. would be pulled back into a recession because of slowdowns in Europe and China, has not come to pass...
In early September, the European Central Bank took steps to ease monetary policy and China introduced new infrastructure stimulus measures...