View From the Hill: Positive Economic Data and Gains Misleading As Volume Says Otherwise

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Market Commentary: August-3-2016 Some positive economic data releases gave bears a chance to pause. Starting with Germany, which is the EU’s locomotive engine for growth, it reported robust PMI readings @ 55.3 for Composite levels and 54.4 for Services. Signs of expansion and ongoing strength were also apparent in the EU region overall based upon […]

View From The Hill: BOJ Policy Decision Surprises Markets and Scares Investors

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  Sometimes the best surprise is no surprise at all, but the Bank of Japan thought otherwise. It pitched the market a curve ball last night when it decided not to increase its QE stimulus program and leave rates unchanged. Instead, it decided give the negative interest rate policy it implemented in January more time […]

View From The Hill (Mar-14-2016): Equities Decouple From Oil and Take Cues From Central Banks

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Commentary The decoupling between equities and energy is becoming more pronounced. Today, WTI Crude Oil fell nearly 3% as Iran refused to concede any production cuts until returning to its pre-sanction level of 4 million barrels per day. In lieu of this, equities barely budged as they await cues from Tuesday’s monetary policy announcement by the […]