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Weak Global Growth Will Mean Market Stagnation Until the End of 2017

Posted Fri, May 27, 2016
Yahoo! by Lawrence Lewitinn On the surface, at least, things look good for stocks. This week, the S&P 500 (^GSPC) saw its best two-day winning streak since March. It’s about 3% away from record highs. But according to one fund manager, there...    view full article >>
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One Year After Bubble Burst, China’s Stock Market Has Gone Quiet

Posted Thu, May 26, 2016
Bloomberg by Kana Nishizawa It’s been almost 12 months since China’s equity market embarked on a precipitous decline that would erase $5 trillion of value, and the nation’s stocks have rarely been this subdued. For the past two w...    view full article >>
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Gold Drops to Seven-Week Low on Fed Rate Hike Prospects

Posted Wed, May 25, 2016
Reuters by Koustav Samanta Gold dropped to a seven-week low on Wednesday, driven by expectations of an early interest rate hike by the U.S. Federal Reserve. Bullion has taken a beating from the prospect of an imminent rate increase, as indicate...    view full article >>
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Stocks Climb as Financial Shares Lead Gains; Dollar Strengthens

Posted Tue, May 24, 2016
Bloomberg by Inyoung Hwang & Oliver Renick U.S. stocks joined a rally in European shares as growing conviction that the Federal Reserve will raise interest rates this summer sparked gains in financial shares. The dollar rose and Treasuries fell as ...    view full article >>
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Big Insurers Will Get Less-Costly Capital Standard

Posted Fri, May 20, 2016
Bloomberg by Jessie Hamilton The biggest and most complex U.S. insurance firms are in line to face capital standards that are simpler and less costly than those imposed on Wall Street banks, Federal Reserve Governor Daniel Tarullo said Friday. ...    view full article >>
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Stocks Fall 1% With All Major Indexes Red for 2016

Posted Thu, May 19, 2016
CNBC by Evelyn Cheng U.S. stocks traded lower Thursday, with the three major indexes in the red for the year so far, after Wednesday's release of the Fed meeting minutes indicated a rate hike was possible as soon as June if the data improves. "...    view full article >>
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David Love
Associate Wealth Advisor


David is an Associate Wealth Advisor with Womack Investment Advisers.

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Oklahoma Office/Main Office
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