News Center

Market Commentary - Page 8

No doubt, 2014 has been a good year for municipal bond investors. Through the first 10 months of the year, the Barclays Municipal Bond Index is up 8.3%. Among major asset groups, that return trails only the Standard & Poor’s 500 index of large-cap stocks.

Comments:  0

In just a few months, oil has plunged roughly 25%, with Tuesday’s closing price of just over $77 for a barrel of West Texas crude marking its lowest level in more than three years. Gasoline at the pump is going for less than $3 a gallon in much of the country. For U.S. businesses and consumers, oil’s freefall amounts to an economic windfall.

Comments:  0

It’s official. Quantitative easing in the U.S. is over. Now our collective attention turns to the next watershed moment in the monetary-tightening cycle — when the Federal Reserve makes its first move to raise interest rates.

Comments:  0

What a wild ride we’ve had in the stock market this month.

Comments:  0

Current downturn not expected to be long lasting for rebounding U.S. economy

Comments:  0