As we think about investment themes for next year and beyond, one thing that stands out is that there are attractive opportunities in fixed income again for the first time in a long time. The interest rate adjustment that saw the 10-year Treasury jump from a low of just 0.32%... read more →
Dec
05
Nov
15
A lot of ink is being spilled writing about the Magnificent 7, the seven largest stocks by market capitalization in the S&P 500 index. That is not surprising given the rollercoaster ride they have been on over the last two years. After suffering a nearly 40% drawdown from the S&P... read more →
Nov
14
The latest CPI inflation report was just released this morning, and so far it’s put markets in a very good mood. The details were certainly encouraging with headline inflation flat month over month, and up only 3.2% year over year. Core CPI was only 0.2% higher on the month and... read more →
Nov
10
With over 90% of companies in the S&P 500 index having already reported results, the numbers for Q3 earnings season are effectively in. Here are the main takeaways: Results were stronger than expected.On September 30th, before reporting kicked off, Q3 earnings were expected to decline by -0.3% compared to the... read more →
Nov
09
It has been a great two weeks for the S&P 500. The market closed higher in each of the last 8 sessions, which lifted the index back above key support at 4150/4200, and back above the 50 day and 200 day moving averages. This move higher produced some short term... read more →
Nov
02
We are entering the final stretch of Q3 earnings reporting season. As of yesterday, 310 companies representing roughly 66% of the market capitalization of the S&P 500 index have already reported results. Another 121 companies are scheduled to report before the end of next week, at which point the season... read more →