Weekly Market Commentary

Weekly Market Commentary

Global markets had mixed results last week as headlines about the US-Iran conflict continued to affect trade.  Conflicting reports of the US and Iran meeting to negotiate a ceasefire came and went without the two sides meeting.  The Strait of Hormuz continued to be...
Weekly Market Commentary

Weekly Market Commentary

Global markets continued to rally in hopes of an extended ceasefire and Friday’s reopening of the Strait of Hormuz.  However, the rally will be tested on Monday after Iran shut down the Strait of Hormuz on Saturday, with the ceasefire ending on Tuesday.  Negotiations...
Weekly Market Commentary

Weekly Market Commentary

Global markets rose for a second week as the US and Iran agreed to a two-week ceasefire.  The two sides met in Pakistan on Saturday to negotiate an end to the war, but talks ended without a resolution.  The fragile ceasefire will be tested on Monday as markets reopen,...
Weekly Market Commentary

Weekly Market Commentary

The holiday-shortened week saw US equities advance even as oil prices surged amid uncertainty about the duration of the Iranian conflict.  Early in the week, investors bid up risk assets on hopes of a ceasefire.  President Trump’s assessment of the ongoing...
Weekly Market Commentary

Weekly Market Commentary

US markets fell for the fourth consecutive week as the US-Israel-Iran conflict entered its 5th week.  President Trump’s announcement that he would extend the deadline to reopen the Strait of Hormuz by a couple of days sent markets soaring on Monday, but gains were met...
Weekly Market Commentary

Weekly Market Commentary

US markets fell for a third consecutive week as investors continued to assess the implications of the Iran conflict.  Headlines related to Iran continued to dominate market attention.  Energy markets traded higher as the military’s focus shifted to energy...