KEY TAKEAWAYS Escalating U.S.-China trade tensions caused stocks to sell off more than 2% last week. Globally exposed sectors paced last week’s declines, namely materials, industrials, and technology. The maximum peak-to-trough decline of less than 3% so far this year...
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...
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 U.S. stocks have rallied back near all-time highs in an impressive feat of momentum. This momentum could fade as stocks grapple with overbought conditions and mixed signals. Overall, we expect the S&P 500 to move higher after a period of...
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 We expect roughly flat earnings for the first quarter, putting the seven-quarter streak of growth in jeopardy The picture seems quite a bit better when looking beyond the first quarter, which we see as a trough in growth. We expect enough economic growth...
