Archive for category: Market Commentary

Oil Surges on OPEC Report

Friends This afternoon Reuters reported that OPEC has reached a deal to limit oil production starting in November. Confusion reigned as “experts” attempted to determine the size of the potential “cut” in production and just what that will mean for oil prices as we move towards the end of...

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Political Stock Rally

Friends For those of you with strong political convictions, don’t blame me, but today’s narrative on Wall Street was that stocks were buoyed by the belief that Hillary Clinton won last night’s debate. The feeling is that Hillary brings more of the same, and that is better than whatever...

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Stocks Slump Before Debate

Friends Stocks slumped in today’s trading as market participants and the business news channels spent the day obsessing over tonight’s presidential debate. Typically, markets don’t like the unexpected. I think it’s safe to say the political climate that we find ourselves in could provide us plenty of “unexpected” as...

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