Market Perspectives

Stocks opened lower in soft trade Monday, against the backdrop of a relatively quiet earnings calendar and no major economic releases. Stocks moved higher on Friday. The NASDAQ and S&P 500 have recorded six weeks in the ‘win’ column, while the NYSE couldn’t overcome the hole it dug earlier in…

The spotlight has shifted onto Q4, 2012 corporate earnings, while Wash- ington gets a temporary respite. Be- fore reaching exhaustion, lawmaker’s buoyed stock prices, with their “best efforts” attempt to resolve the fiscal cliff issues. However, their best ef- forts fell short of a grand bargain, and failed to address…

A few weeks have passed since our last Market Perspectives publication. Since then, we turned the corner into a new year full of resolutions and excitement. Much of that excitement was part of Washington’s last-minute deal to avoid the full impact of a fiscal cliff; those so-called leaders are quite…