Blog

  As we start the 2016 Q3 earnings report season, it's prudent to take a look at how this third quarter might turn out. Now that the election outcome is looking a little more certain and "status quo" oriented, market participants might take this time to start turning their… More >>

  Relative to the last few decades of cooperation, it’s becoming increasingly clear that the entire world is adopting a competitive footing. This is a timely matter seeing as we are in the middle of a national election that will select the person that will lead the world… More >>

  With the start of the Fourth Quarter, we are pleased to present you our Q4 Look Ahead. For a PDF copy, click here. For our audio and video presentation, click here. Below we've highlighted a number of key themes from our Q4 Look Ahead. 1. Are the negative interest… More >>

  Continuing with our “Policy Driven World” narrative, this past week we saw the Fed once again pass on an interest rate increase. Let’s take a look at why. It's clear by almost any measurement that the U.S. economy is growing more dependent on the U.S. consumer. In fact,… More >>

This week the Federal Reserve will meet in order to set the interest rate policy for the next several months. It's a 50/50 toss-up whether they raise interest rates by 25bp or continue to hold rates at their current level. Inevitably, the Fed will need to address the same… More >>

  Until last Friday, the S&P 500 had not moved up or down more than 1% in 46 days, which is the longest it’s stayed in such a tight trading range since July 2014, when we hit a 20-year record of 62 days. [i] While the drop does not signify a breakdown in any one… More >>

    Investors are pulling their funds from Europe and deploying capital in the U.S. and Emerging Markets, leading to a new record with $86.0B so far this year flowing out of European funds for the past six months. This represents more than two-thirds of last year’s inflows… More >>

  The Federal Reserve held their seminal meeting last week and came to the conclusion that the economy was nearing a point where a rate increase is likely. Fed Chairwomen Yellen said: "Indeed, in light of the continued solid performance of the labor market and our outlook… More >>

  With equity valuations extended, and earnings growth in the 5th consecutive quarter of recession [i], it's hard not to wonder when a correction, or worse, a bear market might ensue. Confounding the situation is all the positive macroeconomic news which suggests the… More >>

    On Thursday, the Dow Jones, NASDAQ, and S&P 500 all hit all-time highs, respectively. [i] According to our research vendor, Bespoke, the last time this occurred was December 31st, 1999. The likely reason no one remembers this moment was that we were all too… More >>