Let's connect
We’re looking forward to meeting you.
After last weekend’s fireworks surrounding the First Republic failure and takeover (yes it has only been a week), investors appear to be taking a “no news is good news” approach to the US banking crisis for now. PacWest Bancorp is
The start of the new trading week finds oil contracts in rally mode with WTI up 6.5% and regaining $80.00/bbl, while Brent is up 6.3% and trading just below $85.00/bbl. Over the weekend, OPEC+ announced a surprise production cut of
Shrugging off US index declines of 0.1% to 0.4% from what was mostly a flat day of digestion on Tuesday, US index futures are up 0.75% to 0.90% today with NASDAQ futures leading the charge. Overseas markets rallied overnight with
Continuing yesterday’s pullback which saw US indices decline 0.75% to 1.00%, US index futures are down 0.4% to 0.9% this morning. European markets are also in retreat today with the Dax declining 1.6% and the FTSE falling 0.7%. With the
With more investors returning from holidays, the new trading week is off to a positive start so far. Commodities have been particularly strong with WTI Crude Oil up 3.4%, Natural Gas up 3.2% and Copper up 1.9%. News over the
Mixed results from some of the biggest companies in the US continues to impact equity markets, particularly the NASDAQ. Yesterday, the Dow rallied 0.6% on a positive GDP report and generally positive earnings from non-technology sectors. The NASDAQ, however, fell
October has arrived with mixed action across asset classes, but the big moves so far have been in energy markets where WTI crude oil is up 4.4% and natural gas is down 2.75%. Renewed interest in oil was ignited on
The last day of trading for August finds investors focused on energy markets. WTI crude oil is taking it on the chin today, falling 2.7% and dropping back under $90.00/bbl after the American Petroleum Institute reported a 0.6 mmbbl inventory
Stock markets around the world are on the rebound this morning. The Nikkei led Asia Pacific markets higher with a 1.1% gain, although Hong Kong struggled to a 0.3% loss. In Europe today, the Dax is up 1.8% while the
Yesterday’s rebound in world stock markets sputtered out overnight as indices turned downward once again with investors continuing to grapple with the potential for high inflation and a slowing economy. The Hang Seng plunged 2.5% in Asia Pacific trading, while
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.