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Market Commentary - Page 7

U.S. companies continue to take advantage of low interest rates to raise additional capital through bonds. The question becomes: How do they intend to spend that cash?

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The U.S. economy is gaining strength, and now the housing sector has joined the recovery.

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Tucked away in a quiet corner of the capital markets, municipal bonds are enjoying a stealthy but stellar 2014.

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As we watch the gold price now, what we are mostly hoping to see is stability after a period of higher-than-normal volatility for a notoriously volatile asset class.

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This week we pass the midway point of the second-quarter earnings season for the Standard & Poor’s 500 index. What we’ve seen so far has been quite good in terms of both revenue growth and earnings growth.

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