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...
The NCAA Final Four is set. On the men’s side, Auburn, Michigan State, Texas Tech, and Virginia are headed to Minneapolis to determine this year’s college basketball national champion. On the women’s side, UConn and Oregon punched their tickets over the weekend while...
KEY TAKEAWAYS We are readjusting our recommended domestic equity allocations back to market weight. Following the stock market’s recent move higher, coupled with a slightly weaker economic and corporate profit outlook, the risk-reward trade-off in stocks has become...
KEY TAKEAWAYS Small cap stocks have performed well so far in 2019; however, we believe the environment is getting tougher. Large caps may take the baton and sustain leadership as small cap performance potentially enters a weaker phase. Small and large cap stocks may...
KEY TAKEAWAYS Following such a strong rally since the December 24 lows, a pullback is reasonable to expect. We expect additional stock market weakness beyond last week’s more than 2% decline to be modest. Fundamentals remain sound, valuations are reasonable, and most...
