KEY TAKEAWAYS The May through October period has historically been the weakest six months for equities. However, in recent years the six-month stretch has seen higher equity prices. This year, with stocks up significantly from the December lows, we advise more caution...
If it seems like the financial markets have been off to an unusually strong start to the year—you are correct. The S&P 500 Index has risen for four consecutive months, resulting in the strongest start to a year in more than 30 years! To be fair, the early gains...
KEY TAKEAWAYS First quarter GDP growth was surprisingly strong. Net exports and inventories were significant contributors amid ongoing trade tensions. We expect consumer and business spending to carry economic growth more in future quarters. Click here to download a...
KEY TAKEAWAYS We look at what’s priced into stocks following year-to-date strength to help gauge potential impact of surprises and disappointments. When we look at what’s not priced in, we see several possible surprises that could propel the stock market to new highs....
KEY TAKEAWAYS Our Beige Book Barometer climbed from a seven-year low. Strong words increased, but weak words remained elevated as businesses dealt with lower demand. Oil districts’ weakness had a notable impact on the sentiment gauge. Click here to download a PDF of...
