World equity markets remain volatile following the steep selloff that began at the end of July. There was a drop of more than 7% in the S&P 500, followed by a rebound of nearly 5%, followed immediately by a decline of 2%. That broad U.S. index currently sits 4.63% below its late July high. The… Read the full article.
As of this writing, stock markets around the globe are taking a beating. The selloff began on Wednesday of last week in response to Federal Reserve Chairman Jerome Powell’s comments indicating that more rate cuts are not planned, and that last week’s 25 basis point cut was simply an “adjustment”. The next day, President Trump… Read the full article.
This week’s commentary is a special one. I hope that you enjoy it as much as I did working on it. Last week much of our Cabana team traveled to New York to meet with WisdomTree and their principals. I have always been an admirer of the company and a big believer in the economic… Read the full article.
Markets around the world have remained subdued over the past week as equities and bonds have traded within a tight range, just below all time highs in the case of the S&P 500. The 10 Year Treasury Yield is rangebound between 2% and 2.10%, causing bonds and other interest rate sensitive assets to tread water…. Read the full article.
Chairman Powell walked the line between giving too much and too little in the way of monetary accommodation during prepared remarks to Congress last week. Markets have responded positively and are at all-time highs. We will see if we get follow through after the Fed meeting later in the month and a decision on a… Read the full article.
On behalf of everyone at Cabana, I hope all our clients and advisor partners had a wonderful holiday weekend with family and friends. The 4th of July is my personal favorite holiday. Not only is it a great excuse to get outside, but it is a stress-free day spent celebrating our country and having some fun… Read the full article.
Below is a snapshot of last week’s market performance and what to watch in the weeks ahead from Chadd Mason, Cabana CEO and co-founder. Last week, and the entire month of June for that matter, ended on a strong note. The S&P 500 recovered almost all the May losses and stands just below all-time highs…. Read the full article.