Mark Levy’s Economic Update – Wednesday, July 12, 2017

The equity markets are rallying today due to comments of “gradual interest rate increases” by Federal Reserve Chairwomen Janet Yellen. The equity markets like this thinking because it implies slow increases in rates rather than swift, so thereby a lower chance of the economy slowing due to aggressive interest rate hikes by the Fed. LPL […]

Mark Levy’s Economic Update – Thursday, June 8, 2017

The drama of the day is the testimony of Jim Comey, former director of the FBI, before the Senate’s Intelligence Committee. The Stock market is up today, but equities are not trading with the possible volatility that some traders were anticipating with today’s testimony regarding Mr. Comey and his interactions with President Trump. Another earnings […]

Mark Levy’s Economic Update – Tuesday, April 18, 2017

The Dow 30 Industrial Average is currently trading at 20,515, down from its absolute closing high of 21,115 posted March 1st 2017. After the impressive rally in equity prices post-election, it appears as this newsletter has said in recent months that the markets are looking for the realities of Mr. Trumps promises and not just […]

Mark Levy’s Economic Update-Wednesday, March 1, 2017

As I write this letter, the Dow 30 Industrial Average is up 300 points today and is trading over 21,000. The last few months have seen a historic rally in equity prices. Last night President Trump addressed Congress and today the concepts of lower taxes, less regulation, stronger military and fairness in trade is being […]

Mark Levy’s Economic Update-Wednesday, January 25, 2017

At the time of this writing, the Dow 30 industrial Average today is trading above 20,000 for the first time in history. When I started in this business in 1986, I recall when the Dow 30 was trading above 1,500 for the first time. As I tell many clients in my office meetings, there will […]