Market Update: 6/14/2017

Written June 15, 2017 by
Jack Bouroudjian
Chief Economist

FED day and Jack explains the nuances around the decision. More important is the continued flattening of the yield curve and the implications it has for a slowdown.

 

Market Update: 6/12/2017

Written June 12, 2017 by
Jack Bouroudjian
Chief Economist

Jack explains the two things which will drive trading this week. The central-bank-a-thon taking place in which we see every major central bank meeting to discuss policy, and the quadruple expiration which is driving volatility, especially in NASDAQ stocks.

 

Market Update: 6/5/2017

Written June 6, 2017 by
Jack Bouroudjian
Chief Economist

Jack explains the importance of the June expiration period which is starting this week. Also, the mixed signals between equities and bonds still remains a conundrum for traders.

 

Market Update: 5/31/2017

Written June 1, 2017 by
Jack Bouroudjian
Chief Economist

Jack talks about the importance of watching cash flows at the end of the month and start of June. He also points out the continued disconnect between the stock market and the bond market.

 

Market Update: 5/19/2017

Written May 22, 2017 by
Jack Bouroudjian
Chief Economist

Jack discusses May expiration, the headline risk coming out of DC which is affecting the market and the divergence between bond yields and stock action.  One market is wrong, which is it?

 

Market Update: 5/17/2017

Written May 18, 2017 by
Jack Bouroudjian
Chief Economist

Jack reminds us the price action in both stocks and bonds is being determined by the political discourse coming out of DC.

 

Market Update: 5/12/2017

Written May 15, 2017 by
Jack Bouroudjian
Chief Economist

It seems al the price action in both stocks and bonds is being affected by the lack of inflation.  Jack talks about narrowing spread between PPI and CPI which could contract operating margins for manufacturers.

 

 

Market Update: 5/10/2017

Written May 10, 2017 by
Jack Bouroudjian
Chief Economist

As equity markets make new all time highs the real question is, “Where is the volatility?”.  Jack explains that the low VIX may be a prelude to larger violent moves in the future.

 

 

Market Update: 5/5/2017

Written May 6, 2017 by
Jack Bouroudjian
Chief Economist

Jack talks about the jobs number which came out better than expected and tells us to watch oil as an indicator because of the extreme volatility.

 

 

Market Update: 5/3/2017

Written May 4, 2017 by
Jack Bouroudjian
Chief Economist

Between the FED announcement, earnings and Friday’s unemployment number, Jack tells us we need to be very careful this week.  The falling price of crude is also something to watch because of the ancillary effects on other markets.