Market Updates
Weekly Financial Insights Blog

By the numbers

Economic data last week included the U.S. trade balance, initial jobless claims, import/export price change, the producer price index, National Federation of Independent Business (NFIB) Index and the University of Michigan consumer sentiment indicator. We have discussed the fact that the market i[...]

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Markets are Man Made

Perhaps the current economic cycle is more like the Fukushima disaster than originally thought. Last week an independent Japanese Parliament inquiry into the disaster released their findings and noted that it was “more man made” and also a result of “government mismanagement.” While that may[...]

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Are European Policy Makers Ahead of Those in the US?

Italy’s soccer team was able to oust Germany from the Euro Cup last Thursday, the same day Italy’s Prime Minister Mario Monti was able to extract some concessions from Germany’s Chancellor Angela Merkel. The proposed agreement allows the European Stability Mechanism – ESM (bailout fund) fund[...]

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Downgrades

Last week was an important one for banking, public and private.  The Federal Reserve Bank downgraded their view of U.S. economic and employment growth prospects.  The rating agencies downgraded many money center banks in a move that was widely expected.  The G20 took time out from their romp on t[...]

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In The Streets

The Greece vote is in and the New Democracy Party and Pasok look like they will be able to form a coalition government having a majority in Parliament. The left wing party hoping to earn enough votes to derail the current plan, agreed to by last year’s government, did not garner enough votes. Al[...]

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Monday Morning Market Update

Crisis? At least not this week. Markets have been pricing in a scenario where growth in the US moves from the 2 to 3% level toward 0 to 1%, or near recessionary levels while the recession in Europe worsens significantly. In addition, the concern surrounding a decline in China’s growth rate as[...]

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Keeping an Open Mind!

Last week’s economic news, coupled with the continued concerns coming out of Europe provided the catalyst for an equity market sell-off and a historic rally in bond prices that brought Treasury yields to historic lows. Unemployment figures were disappointing and on the heels of a downward revision[...]

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Economic Comments

I hope everyone had a great long weekend. My family and I went to a “Dells” waterpark, my first time at one of these aquatic money draining places. While we were there I noticed an item that reminded me of the economic situation in Europe. High above the kids water park is a very large bucket [...]

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Economic & Market Review

If you are not following the Decorah eagles you should take a look http://www.ustream.tv/decoraheagles. The Raptor Project has a “nest cam” placed above this eagle’s nest streaming video 24/7. For the last two months my family and I have followed the progress of the three eaglets hatched in M[...]

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Monday Morning Market Update

Those who rally against the financial services industry, and “too big to fail” banks in particular, need only wait a month or two to find some reason that catalyzes their disdain. Last week, with JP Morgan’s (JPM) announcement that they had experienced a $2 billion loss that will likely get [...]

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