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Treasury yields surged to the highest in a year over economic and COVID optimism. A Bloomberg headline read “US COVID cases are Plunging.” The article commented more than ...

For many years I titled these remarks “Early Morning Commentary,” a commentary as to how I view of the socio economic and geopolitical issues facing the markets and the economy. I am flattered by the ...

November’s employment data is released at 8:30. Will the statistics continue to surprise on the upside as been the case in every month except one since the commencement of the pandemic. Perhaps more ...

Equities initially fell for a myriad of reasons including escalated rhetoric against China over the corona virus. The President is prodding the nation to reopen for business while...

The headlines are absolutely apocalyptic, drowning out the more rational comments. NJ announced yesterday the rate of virus increases is diminishing. NY commented the percentage rise in infections is slowing. Italy, the world’s

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According to Bloomberg last week was the most volatile week in history.  In my view the greatest risk at hand is the liquidity issue morphing into a solvency issue.  I would like to use the $3.9 trillion municipal bond market as example of how trading...

We are living in historical times.  The S & P 500 has moved a record 4% or more in eight consecutive sessions.  The previous record of six days was set in 1929.  Moreover, yesterday the markets stopped trading twice because of declines.

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