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Morning Comment

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  • 05/23/2016 Stocks staged a mild rally on Friday against a backdrop void of much news. Nonetheless, equities finished their fourth consecutive week to the downside.
  • 05/20/2016 Stocks fell once again yesterday although they finished well off their lows of the session. The Dow Industrials are now on track to finish lower for the fourth straight week, the longest such streak since October 2014.
  • 05/18/2016 Over the last several trading sessions, equity volatility has begun to pick up again. The catalyst yesterday was comments by at least two regional Federal Reserve Bank Presidents that an interest rate increase as early as mid-June was still a possibility.