Market Commentary Archives - Page 78 of 81 - Capitol Development Account

Equities Fluctuated While the Dollar Extended a Four Year High and Oil Led a Drop in Commodities as the Economic Data Suggested a Possible Delay in a Change in Monetary Policy and Russia was Considering Capital Controls to Stem that Country’s Exodus of Funds.

Equities fluctuated while the dollar extended a four year high and oil led a drop in commodities as the economic data suggested a possible delay in a change in monetary policy and Russia was considering capital controls to stem that country’s exodus of funds....

01 October, 2014

Is Dodd Frank Yet Another Example of Regulation That Has Created the Next Crisis?

Is Dodd Frank yet another example of regulation that has created the next crisis? Dodd Frank changed the landscape in which the fixed income market operates, a market that is about 10 times greater in size and importance than the equity market....

30 September, 2014

Many Times I Wrote the Markets Historically Decline Between 5% and 20% in the Months Heading into the Midterms.

Many times I wrote the markets historically decline between 5% and 20% in the months heading into the midterms. It is also widely known September is historically the worst month for equities....

29 September, 2014

Yesterday Was an Ugly Day.

Yesterday was an ugly day. Equities declined for a myriad of reasons; including a report from Reuters that Russia may seize foreign assets in retaliation of sanctions, domestic economic data that questions the timing of a change in monetary policy and European economic weakness that...

26 September, 2014

The Mid-Term Election is Quickly Approaching.

The mid-term election is quickly approaching. The narrative is rising the Senate will change hands, the result of poor presidential approval ratings and from steep historical precedence the party of a second term president always loses seats during the mid-term.. Will 2014 be viewed in...

25 September, 2014

Equities Declined as the Treasury Department Disclosed Plans to Limit Tax Inversion Mergers.

Equities declined as the Treasury Department disclosed plans to limit tax inversion mergers. Stocks were also spooked by Syrian airstrikes, raids that caused oil to rally....

24 September, 2014

The Last Several Days I Have Commented About the Lack of Market Breadth.

The last several days I have commented about the lack of market breadth. Yesterday Bloomberg reported the last time so few companies in the Russell 3000 pushed this gauge to an intraday high was March 24, 2000, two weeks after an all-time high was reached....

23 September, 2014

Last Week I Commented About Market Bifurcation Referencing Bloomberg and Its Observation that 47% of NASDAQ Composite Companies are Down Over 20% YTD, a Decline that has Occurred Since July.

Last week I commented about market bifurcation referencing Bloomberg and its observation that 47% of NASDAQ Composite companies are down over 20% YTD, a decline that has occurred since July....

22 September, 2014

There was Little Reaction to the President’s Speech, a Rise in Crude Prices From an Eight Month Low and Weekly Jobless Claims that were Nominally Higher Than Expected.

There was little reaction to the President’s speech, a rise in crude prices from an eight month low and weekly jobless claims that were nominally higher than expected. Will there be a reaction to today’s release of August’s retail sales data or University of Michigan...

12 September, 2014

Will Today’s Data Confirm or Deny the Rising Sentiment that the Overnight Rate Will be 0.50% by September 2015?

Will today’s data confirm or deny the rising sentiment that the overnight rate will be 0.50% by September 2015? Fed Funds futures which are a gauge of market sentiment now suggest a 79% chance that such will occur. That compares with a 63% chance at...

11 September, 2014