Week Market Commentary

Global markets hit record highs as Q1 earnings continued to exceed expectations.  Despite continued tensions in the Middle East and the Strait of Hormuz effectively closed, investors bought mega-cap technology issues alongside Semiconductor companies.  AMD posted...

Global markets had mixed results last week as headlines about the US-Iran conflict continued to affect trade.  Conflicting reports of the US and Iran meeting to negotiate a ceasefire came and went without the two sides meeting.  The Strait of Hormuz continued to be...

Global markets continued to rally in hopes of an extended ceasefire and Friday’s reopening of the Strait of Hormuz.  However, the rally will be tested on Monday after Iran shut down the Strait of Hormuz on Saturday, with the ceasefire ending on Tuesday.  Negotiations...

Global markets rose for a second week as the US and Iran agreed to a two-week ceasefire.  The two sides met in Pakistan on Saturday to negotiate an end to the war, but talks ended without a resolution.  The fragile ceasefire will be tested on Monday as markets reopen,...

The holiday-shortened week saw US equities advance even as oil prices surged amid uncertainty about the duration of the Iranian conflict.  Early in the week, investors bid up risk assets on hopes of a ceasefire.  President Trump's assessment of the ongoing...

US markets fell for the fourth consecutive week as the US-Israel-Iran conflict entered its 5th week.  President Trump’s announcement that he would extend the deadline to reopen the Strait of Hormuz by a couple of days sent markets soaring on Monday, but gains were met...

US markets fell for a third consecutive week as investors continued to assess the implications of the Iran conflict.  Headlines related to Iran continued to dominate market attention.  Energy markets traded higher as the military's focus shifted to energy...

Markets remained volatile, driven by headlines related to the Iran war.  Whipsaw action was prominent across multiple asset classes, while several historically safe-haven assets offered no cover for investors.  Questions about the duration of the war and the closure...

Investors endured a difficult week as the conflict between the US, Israel, and Iran continued.  Iran’s efforts to target US military bases in the region broaden the conflict across the Middle East.  Energy shipments through the Strait of Hormuz have come to a...