The final week of February turned in relatively strong performances with equity markets in the U.S. closing at fresh all‐time highs. The rally was fairly broad based with only utilities and telecom stocks losing ground while consumer, energy and industrial names were up sharply. The strong week brought most indices into positive territory on the […]

Week Ending June 15, 2012 Despite the election of a pro-austerity government in Sunday’s Greek elections, which led to a very brief relief rally Monday, investors realized that nothing fundamental had changed in the eurozone debt crisis. Spain’s weak economy and its failing banking sector regained the spotlight. Investors abandoned Spanish sovereign debt, pushing the […]