Compass Ion Advisors, LLC. | Market News | Page 6 of 10

Market News – Week of December 4th, 2017

A NEW TAX LAW?: We have been very reticent to comment on the various efforts to pass new tax legislation because we don’t want to jump the gun, but it is now looking like the Congress is going to cross the finish line on this one. The Senate passed a bill this week, and the…

December 5, 2017

Details

Market News – Week of November 27th, 2017

Market News

STOCK PRICES POWER EVEN HIGHER: Synchronized global growth, an expanding U.S. economy, and strong corporate profit reports seem to be enough to convince stock traders that the rally can continue even further. The S&P 500 closed above 2600 for the first time on Friday. In the beginning of the year, analysts at Bank of America…

November 27, 2017

Details

Market News – Week of November 20th, 2017

Market News

GLOBAL GROWTH: Stronger global economic growth is a big factor in the rising U.S. markets and economy. Of the countries in the Organization for Economic Cooperation and Development (OECD), only Brazil’s economy is contracting in 2017, with all others expanding. This global growth momentum is forecast by most to continue into 2018 (although Brexit will…

November 20, 2017

Details

Market News – Week of November 13th, 2017

Market News

OIL AND GAS PRICES RISING: The price of a barrel of oil increased to $56.84 this past week, up another 2% from the prior week. The national average for a gallon of gas rose to $2.56, up another 4 cents from the prior week. ANOTHER GREAT YEAR FOR HOTELS, AND PERHAPS A RECORD: Houston hotel…

November 13, 2017

Details

Market News – Week of November 6, 2017

Market News

LABOR MARKET CONTINUES TO BE A BRIGHT SPOT: According to the U.S. Bureau of Labor Statistics, the U.S. economy added 261,000 jobs in October. The unemployment rate moved down to 4.1%, the lowest in 17 years. In addition, the amount of jobs for September was revised up from a loss of 33,000 jobs to an…

November 6, 2017

Details

Market News – Week of October 30th, 2017

Market News

SPOOKY MARKETS?: We have seen other periods of time where the markets have been steadily rising. In those times, we remember having to remind people that it will not last forever and to keep some risk control in your portfolio. This bull market seems different. No one seems to trust it. Every time we hit…

October 30, 2017

Details

Market News – Week of October 9th, 2017

Market News

IRMA AND HARVEY HALT THE STREAK: In September, the U.S. economy lost 33,000 jobs. This was the first negative monthly jobs report in 83 months. This report is preliminary and could be revised upward (which happened after Katrina), so the streak may yet stay intact. Irma made landfall in Florida on September 10. Harvey made…

October 9, 2017

Details

Investment Update From James C. Baird, Chairman | Founding Principal

Investment Update

October 5th, 2017 Dear Valued Clients & Friends: Third Quarter 2017 Market Review: The rally in stocks continued in the third quarter, with international equities again outperforming their U.S. counterparts. Emerging markets stocks were the top performer, with an 8% return for the MSCI Emerging Markets Index in the quarter. This benchmark now stands…

October 5, 2017

Details

Market News – Week of October 2nd, 2017

Market News

QUIETLY MOVING HIGHER: The S&P 500 finished September much like it has for the entire third quarter of the year, quietly moving higher. All in all, the index rose about 4% from July 1 to the end of September, but the average daily move was 0.3%. This is the lowest quarterly volatility for the S&P…

October 2, 2017

Details

Market News – Week of September 25th, 2017

Market News

EUPHORIA?: There is a famous maxim in our business from John Templeton: “Bull markets are born on pessimism, grow on skepticism, mature on optimism and die on euphoria.” However, despite the rise in equities and the very long recovery, there seems to be very little euphoria. According to a recent survey, 29.3% of investors believe…

September 25, 2017

Details

Blog