Weekly Commentary September 29, 2008

The Markets While the politicians fiddled, Wall Street and Main Street burned. The financial markets eagerly awaited confirmation of a government bailout last week, but all they got by last Friday was partisan bickering and finger pointing. With no deal, traders...

Weekly Commentary September 22, 2008

The Markets “Historic” is not a word we use lightly, but it seems appropriate to describe what took place in the financial markets last week. As you look at the box score below, it masks the volatility that took place in one of the wildest weeks in Wall Street...

Weekly Commentary September 15, 2008

The Markets Despite a barrel full of bad news, the stock market actually ended last week with a modest gain. Some of the most significant news last week continued to come from the financial sector. At the beginning of the week, the government stepped in to bailout the...

Weekly Commentary September 8, 2008

The Markets Earlier this year, some investors thought the key to a rising stock market was to see a big drop in the price of oil. Well, we’ve now seen a 27% drop in the price of oil since its July 3 closing high, but, as of last Friday, stock prices were still...

Weekly Commentary September 2, 2008

The Markets As we wrapped up the traditional end of summer last week, buyers and sellers were scarce on Wall Street. For the first three trading sessions last week, volume on the New York Stock Exchange was the lowest of the year, according to Briefing.com....