Let's connect
We’re looking forward to meeting you.
Yesterday afternoon, the Fed raised the Fed Funds rate by 0.25% to 5.00%. The US central bank took the middle path in its statement and projections. The majority of FOMC members indicated they are thinking one more interest rate hike
One of the biggest questions facing investors this year has been whether central banks will be able to contain inflation quickly enough and let the air out of asset bubbles slowly enough to achieve their goal of a soft landing
Monetary policy decisions, statements, and forecasts have continued to impact trading in stocks, bonds, currencies and commodities around the world overnight. Equity and bond market momentum has been generally downward, adding to yesterday’s late afternoon selloff that was sparked by
Late yesterday afternoon, it appears that some investors tried to put a positive spin on yesterday’s larger than expected Fed rate hike (0.75% vs street 0.50% to 1.75%), perhaps on the notion that the faster the Fed raises rates, the
The market rebound of the last few days appears to have run out of gas. Although US indices finished with gains of 0.5% to 1.0%, there were cracks with Alphabet failing to close above its previous highs near $3,000 and
Building on yesterday’s rebound which saw a burst of short covering and bargain hunting after the big Fed decision unshackled investors, US index futures are all up about 0.6% this morning, adding to yesterday’s US index gains of 1-2%. Overseas
World stock markets continue to respond favorably to yesterday’s boost of confidence from the Fed. The US central bank announced that it plans to start tapering asset purchases this month by $15B per month, suggesting eight months of tapering to
Building on yesterday’s gains of 1.0% for the three main US indices, US index futures are all up about 0.6% as investors continue to respond favorably to yesterday’s news from the Fed. The US central bank delivered an upbeat assessment
After pausing for a couple of days, equities have resumed the upward course that started on Monday with US index futures, the FTSE and the DAX all up 0.5%-0.6%. Other markets are mixed today. Commodities are backsliding a bit with
US index futures are up flat to up 0.1% today as investors consider yesterday’s 0.3% advance to an all-time high close for the Dow alongside a 0.3% decline for the NASDAQ. Overseas, major European indices are essentially flat trading between
SIA Wealth Management Inc. (SIAWM) specifically represents that it does not give investment advice or advocate the purchase or sale of any security or investment whatsoever. This information has been prepared without regard to any particular investor’s investment objectives, financial situation, and needs. None of the information contained in this document constitutes an offer to sell or the solicitation of an offer to buy any security or other investment or an offer to provide investment services of any kind. As such, Advisors and their clients should not act on any recommendation (express or implied) or information in this report without obtaining specific advice in relation to their accounts and should not rely on information herein as the primary basis for their investment decisions. Information contained herein is based on data obtained from recognized statistical services, issuer reports or communications, or other sources, believed to be reliable. SIA Wealth Management Inc. nor its third party content providers make any representations or warranties or take any responsibility as to the accuracy or completeness of any recommendation or information contained herein and shall not be liable for any errors, inaccuracies or delays in content, or for any actions taken in reliance thereon. Any statements nonfactual in nature constitute only current opinions, which are subject to change without notice.