Market Commentary Archives - Page 60 of 79 - Capitol Development Account

Yesterday’s Volatility was Deafening.

Many times I have opined the cheapest execution cost is most often the most expensive decision. Yesterday’s volatility was deafening....

25 August, 2015

The Dow has Plunged Over 1000 Points and There Have Been Several High Profile Devaluations That are Questioning the Strength of the Global Economies and Commodities. What Now?

Early last week I opined the status quo was on the verge of major change. Little did I know how prophetic my words would have become? Since that statement; the Dow has plunged over 1000 points, there have been several high profile devaluations that are...

24 August, 2015

Global Growth Scares are Really Spooking the Markets.

Global growth scares are really spooking the markets. Kazakhstan, central Asia’s biggest crude exporter, devalued. Bloomberg reports according to the futures markets, the odds of a Saudi devaluation are now the highest since March 2003. [Note: Most Middle Eastern currencies are pegged to the dollar]....

21 August, 2015

Interest Rates are Expected to Rise for the First Time in Nine Years.

I received considerable feedback with my comment that it feels as though a major change is about to occur. Is this really a radical statement? Interest rates are expected to rise for the first time in nine years....

20 August, 2015

The Markets, the Economy, and Perhaps Global Order is on the Brink of Change.

Today the Minutes from the July FOMC meeting are released. As noted yesterday, the economic landscape is different today than that of three weeks ago. Housing and autos are showing considerable strength. China has devalued. Oil has plunged, falling by a record amount in July. ...

19 August, 2015

With Auto and Housing Sales Up, What Will be the Results of July’s FOMC Meeting?

What will the Minutes from July’s FOMC meeting suggest scheduled for release tomorrow? A lot has happened since the late July meeting including further declines in oil, a Chinese devaluation and strong home and auto sales....

18 August, 2015

China Reduced the Value of its Currency to Stimulate the Economy Via Trade.

The Chinese Yuan again initially roiled the markets. The hyperbole about the possible ramifications is exponentially rising. Some might argue the negative narrative may replace the incredibly myopic negative narrative of oil....

13 August, 2015

Is China’s Unexpected Lowering of the Yuan Something of Significance or Just Noise?

The Chinese unexpectedly lowered the exchange rate of the yuan, the first such devaluation since 1994. Officials state this is a one off event and a “one-time adjustment.”...

12 August, 2015

The Collapse of Oil Prices is Now Beginning to Weigh Heavily Upon the Oil Producing Countries.

The collapse of oil prices is now beginning to weigh heavily upon the oil producing countries. Russia just posted the sharpest decline in GDP since 2009 and its third quarter outlook has further deteriorated. Its foreign reserves according to the IMF are $357 billion down...

11 August, 2015

Has the US Regained the Title of the Proverbial Locomotive of Global Growth?

July’s job’s data was largely as expected making the type of progress the Federal Reserve wants to see in order to raise interest rates in September. I am anticipating the narrative to rise to deafening levels similar to that of today’s oil market as the...

10 August, 2015