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| ![]() US Indexes Return to Positivity - 13th March 2015Capetian Asset Management is a world-wide private equity firm with the resources and expertise to source, evaluate, and manage private investments globally in both developed and developing markets and across many industrial and commercial sectors.
By: Capetian Asset Mangement US Indexes Return to Positivity - 13th March 2015 After erasing all their gains of 2015, the major indexes of the US returned to positivity yesterday as economic data gave another outlook on the key rate increase debate. After a bumper result on payrolls last week the markets took a downturn as expectations that the Federal Reserve would use that as a platform to raise interest rates earlier than previously thought. Both the Dow Jones and S&P 500 saw heavy losses and it looked set to continue as the USD grew stronger. Yesterday however, data on retail sales helped ease concerns over whether the Fed would indeed increase rates. Retail sales fell in February and looked to have a negative effect on growth for the first quarter. The inclement weather seen across the north of the country in February had a direct effect on sales as it did previously last year. The weak data led investors to believe that the Fed would delay raising rates until later in the year, specifically September looks to be the proffered month according to speculation. Each week we receive economic data from the US it changes the stance on what people think will be the time frame for the increase. With the current run the USD has had and the possible effect it could have on corporate earnings, the smart money would go with a rate increase later in the year. This strategy would see the economy have time to grow with its current momentum and appears to be the best option for the Federal Reserve. Major US Indices - 12th March, 2015: S&P 500 - 2,065.95 +1.26% Dow Jones - 17,895.22 +1.47% NASDAQ - 4,893.29 +0.98% For more information on the services provided by Capetian Asset Management advisors please visit our website at www.capetianassetmanagement.com or contact us on info@capetianassetmanagement.com. You can also follow us on Twitter at https:// DISCLAIMER The views, opinions, findings, and conclusions or recommendations expressed on this service are those of the author(s) and do not necessarily reflect the views of the Capetian Asset Management. All market data within this release is for your general information and enjoys indicative status only. Capetian Asset Management does not accept any responsibility for its accuracy or for any use to which it may be put. All share prices and market indexes delayed at least 15 minutes. 52 week high and low values are calculated from close price data. End
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