Brexit

Brexit Drama –What Does it Mean for You?

David B. Armstrong, CFA Weekly Market Commentary, Weekly Market Commentary Page 17

I generally think of Yorktown in the fall of 1781 every time I hear “Brexit” on the news, but that’s just my military background… For many others, it has stirred up some anxiety and consternation because this Thursday the 23rd, British voters will decide on whether Britain should remain or bolt from the 28-nation European Union (EU). It’s called “Brexit” …

2016 Economic Review

I Remember 2015 Like It Was Yesterday

David B. Armstrong, CFA Weekly Market Commentary, Weekly Market Commentary Page 16

**Since today is a big move day in the market, I’ve got a quick thought at the end of this blog. 2015…a year of both expectedness and surprises. The economy trudged along, the unemployment rate fell, and the Federal Reserve finally lifted the Fed funds rate at the end of the year. Taking a closer look, we see what many …

Here is Greece

Greece Was Not Alone

David B. Armstrong, CFA Weekly Market Commentary, Weekly Market Commentary Page 15

Greece, China, and Puerto Rico all played a role in yesterday’s sell-off.  Yesterday was the biggest “down day” for the year, but in the grand scheme of things, it was not even close to catastrophic.  However, I wanted to address this with a quick blog. It is impossible to quantify the role of each player in the sell-off … but …

Greek Crisis

So There is This Greece Thing…

David B. Armstrong, CFA Weekly Market Commentary, Weekly Market Commentary Page 15

What a weekend. The Shanghai Composite has now sold off over twenty percent, officially placing it in a ”bear market”. Greece is set to default on International Monetary Fund (IMF) payment and the U.S. markets are set to sell off (update: as of 1:15 EDT, the S&P 500 is down about 1.4%). Greece’s failure to agree to proposed reforms for …