Market Commentary Archives - Capitol Development Account

What will be the ramifications of the collapse of FTX? Traditionalists believe a currency is only worth its backing, a backing earned by ...

28 November, 2022

Led by technology, equities declined as worries mount that China may tighten COVID curbs after a string of reported deaths. Energy...

22 November, 2022

One year ago, today the NASDAQ 100 closed at an all time. It is now down 31% from this level. According to Bloomberg, this ...

18 November, 2022

Is a geopolitical premium about to return to the markets? Equities reversed a large part of the gains following the ...

16 November, 2022

Equites wavered following FRB Vice Chair Brainard statement that it would be “appropriate” for the central bank ...

15 November, 2022

As mentioned many times, inflation is a two part dimension…too much money chasing too few goods fearing higher ...

14 November, 2022

As expected the FOMC increased the overnight rate by 75 basis points to a targeted range of 3.75% to 4.0%...

03 November, 2022

September’s JOLTS Job Openings ended any remote thoughts that the Fed will not increase the overnight rate by 75 bps for a record ...

02 November, 2022

October was almost a mirror inverse of September. For the month the S & P advanced about 8.0%. September the S & P declined about ...

01 November, 2022

The two-day FOMC meeting concludes Wednesday. It is expected Fed officials will maintain their resolutely ...

31 October, 2022