Friday, May 18, 2012 Market Commentary
Risk of Greek exit rises: It’s Groundhog Day in May… the same story persists and dominates the headlines – Greece, Greece, Greece. Markets sold off sharply yesterday after Fitch downgraded Greece to CCC and highlighted the increased risk of the Mediterranean nation exiting the ... (continue)
Thursday, May 17, 2012 Market Commentary
FOMC Released Minutes from Meeting: Yesterday, the Federal Reserve Bank Open Market Committee (FOMC) released the minutes from their latest meeting. Not surprisingly, worries were expressed about the ongoing ... (continue)
Stocks Remained Higher: However, markets began to deteriorate after Federal Reserve meeting minutes showed that several Fed Governors were now in favor of additional quantitative easing should the U.S. economy ... (continue)
Wednesday, May 16, 2012 Market Commentary
Investors beware - Critical European Events on the Horizon: May 31 - Irish referendum to ratify European Fiscal Compant. The Risk: Based on popilous sentiment ... (continue)