Weekly Market Commentary

January 21, 2015

Depending on your perspective, the U.S. economy can be viewed as rosy or dim. But as one scans the global horizon, it appears to be one of the very few with promise.


January 14, 2015

The 1st session of the 114th Congress began last week, and there are some signs of a shift in legislative momentum. But headline news is still dominated by the massive rally against terrorism held in Paris just days after 17 people were killed by radical Islamist gunmen.


January 06, 2015

All the fireworks are over, trees and candles put away.  What happened last year, and in the past 5, 10 or 50 years, is all behind us.  The stock market is baffling and volatile; not many of us got anything close to the returns touted by the benchmark indices last year.


December 30, 2014

On the eve of the new year, we might struggle to remember the lyrics to “Auld Lang Syne” but we can recap the 2014 financial markets with ease in one word: unexpected.  All the capital market crystal balls turned out to be cracked.


December 16, 2014

The holidays are upon us, but some unexpected gifts and shifts allow no time for the financial markets to pause. This is the last full trading week of December, and the talk on trading desks and at cocktail parties is not about travel plans and family gatherings but about the price of oil, which has fallen below $55 a barrel, and the Russian ruble, which has turned to proverbial rubble.


July 08, 2014

Historically, the days leading up to the July 4th holiday are slow and uneventful as trading desks are lightly staffed and attentions drift toward barbecue and beach plans. Not so last week. In response to Puerto Rico’s new debt restructuring law, large mutual and hedge funds began a sell-off which caused the prices of Commonwealth and public corporation bonds to plummet.

Follow HJ Sims
Facebook Twitter LinkedIn