Offering market updates from our partners at Commonwealth as well as knowledge and insight for our clients from Gallagher himself.
Presented by Mark Gallagher General market news • Rates were flat or slightly down during the shortened Thanksgiving week. On Monday morning, the 10-year Treasury opened at 3.05 percent, the 2-year opened at 2.84 percent, and the 30-year opened at 3.32 percent. During the previous week, rates dropped by as much as 20 basis points. • All […]
read more >Presented by Mark Gallagher General market news • Yields fell across the curve last week, with the largest declines on the short end of the curve. The 10-year Treasury opened the week at 3.08 percent, while the 30-year fell to 3.34 percent. • All three major U.S. markets were down on the week. The consumer discretionary, […]
read more >Presented by Mark Gallagher General market news • The yield curve flattened late last week, and the bond market is closed on Monday due to Veterans Day. On Friday, the 2-year closed at 2.92 percent, the 10-year at 3.18 percent, and the 30-year at 3.38 percent. The conclusion of the midterm elections and the Federal Reserve […]
read more >Presented by Mark Gallagher More tricks than treats for markets in October Unfortunately, October lived up to its scary reputation for the markets. Here in the U.S., all three major indices were down for the month. The Nasdaq Composite fared worst with a 9.16-percent loss. Meanwhile, the S&P 500 and Dow Jones Industrial Average lost […]
read more >Presented by Mark Gallagher General market news • On Monday morning, the 10-, 30-, and 2-year Treasuries opened at 2.81 percent, 2.96 percent, and 2.62 percent, respectively. The spread between the 2- and 10-year notes is again at its flattest level in this economic cycle. Historically, an inverted yield curve—where rates on the short end […]
read more >Presented by Mark Gallagher Brad McMillan, Commonwealth’s CIO, recaps the market and economic news for June. It was a mixed month, as U.S. markets went down with the Dow and up with the S&P 500 and the Nasdaq. Bond markets pulled back a bit on rising rates. There was also pullback abroad, in both […]
read more >Presented by Mark Gallagher Brad McMillan, Commonwealth’s CIO, recaps the market and economic news for May. It was a good month, continuing the recovery from the pullback we saw at the start of the year. In the U.S., markets were up almost across the board. Consumers continue to spend, and businesses remain confident—with manufacturing […]
read more >Presented by Mark Gallagher Brad McMillan, Commonwealth’s CIO, recaps the market and economic news for April. It was a good month, as both U.S. and developed markets were up. This news was encouraging, indicating that the economy seems to be bouncing back after two down months. In fact, the fundamentals are quite strong, with […]
read more >Presented by Mark Gallagher As 2018 begins, the good economic news continues. Companies are hiring, both consumers and businesses feel confident, and economic growth is good and getting better. Even as conditions remain very positive, though, there are signs that the trend is changing. Job growth is slowing as we run out of available workers, […]
read more >Thank you to everyone that was able to make it to the 6th Annual Cody’s Dash for Down Syndrome.
read more >Help us support the 6th Annual Cody’s Dash for Down Syndrome. Where: Ten Thousand Villages on Selby Avenue. When: Friday, April 21st from 5:00 – 8:00 PM. 10 – 20% of sales go to support Cody’s Dash! More information here.
read more >Presented by Mark Gallagher With the recent market declines both abroad and here in the U.S., there is increasing fear that this is it—the big one that will take us back to the depths of 2008. Although that level of fear is certainly understandable, a closer look at the real economic and market situation around […]
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