Equity markets experienced a strong first half of the year, and stock prices already advanced to where we originally thought they would be at year-end. Bond prices rose as yields fell, with the Federal Reserve continuing its monthly tapering of a...
Macroeconomy: With little traction from fiscal policy and structural reforms, the pro-growth policies of Prime Minister Shinzo Abe known as "Abenomics" will continue to rely on the Bank of Japan's loose monetary policy to...
Following a week in which investors took pause and focused on the negatives, they reversed course last week and pushed equity prices higher. A number of factors seemed to contribute to the positive tone, not the least of which was an indication f...
The trend is your friend, until it ends. As the stock market rallies, S&P Capital IQ Equity Strategist Sam Stovall believes we’re overdue for a correction of 10 to 20 percent. It’s been 32 months without such a decline, while we...
Just as the World Cup has been heating up, increasing the risk of player mistakes, the world consumer price index (CPI) has also been heating up.
Make no mistake: Higher oil prices are a headwind for an economy that doesn’t need one. But in context, it’s a relatively minor headwind, and not great cause for concern at this point.
Emerging market stocks have now pulled ahead of the performance of the S&P 500 Index for 2014, which may finally mark the beginning of the turn for EM relative performance.
Favorable monetary policy and improving economic growth have remained steady, but investors appeared to focus on some of the negatives last week. Sentiment seemed to sour due to the rising turmoil in Iraq (and subsequent rise in oil prices), as w...
We continue to expect the Fed to trim QE by $10 billion per month this year and to remain on pace to exit QE by the end of 2014...
The plain and simple truth about the economy and the market is based on obvious facts and less on hope, hype or humor. Even though the economy has not gained much traction four years into its slight recovery mode, the Fed has exerted a...
