by David Pritchard | May 6, 2015 | Banking
April saw major US equity indices battle their way to new highs – most notably, the NASDAQ Composite, which finally broached its all-time high from the tech bubble peak late after more than 15 years. They could not hold this ground, however, as volatility in European...
by David Pritchard | May 6, 2015 | Banking
March opened with a modest, but not entirely unexpected pullback following February’s unsustainably strong equity and HY market performance as investors shifted to a decidedly “risk on” bias. (Feb saw the Dow, S&P 500 & NASDAQ indices advance 5.5%, 5.6% &...
by David Pritchard | May 6, 2015 | Banking
Perhaps those errant reports of a Goldilocks economy sighting in the neighborhood weren’t entirely erroneous after all. Judging by February’s robust US equity and HY market performance, which came on the back of a lower than expected initial Q4 GDP report and economic...
by David Pritchard | Feb 5, 2015 | Banking
Heightened market volatility characterizing the end of 2014 carried into the new year, as equity and debt markets were buffeted throughout January by renewed global growth concerns, particularly in the Euro-zone, a soaring USD (reflecting bifurcation between the US...
by David Pritchard | Jan 6, 2015 | Banking
Judging by December’s chaotic/volatile/disjointed/etc. market performance, November rumors of a “Goldilocks” economic environment just around the corner appear to have been premature at best. Our latest Capital Markets Monthly discusses how oil’s dramatic price...
by David Pritchard | Dec 9, 2014 | Banking
November’s equity market action represented a rolling, upward boil relative to the sour-and-sweet (sharp downward spike, followed by a snapback rally) of October. It also hinted at presence of the “Goldilocks” economic environment (“not too hot, not too...
