Investment Outlook

Highlights from the week of August 9 - August 15, 2019.

Highlights from the week of August 2 - August 8, 2019.

Highlights from the week of July 26 – August 1, 2019.

Highlights from the week of July 19 – July 25, 2019.

We believe the global economic expansion will persist into 2020; despite recent soft U.S. data, Fed support will prolong the cycle.

Highlights from the week of July 12 – July 18, 2019.

Ominous headlines suggest growing risk on corporate balance sheets, but don’t forget about broader strength in the U.S. consumer.

Global and U.S. earnings revisions are turning up. We look for stabilization of the U.S. dollar, credit spreads and China’s economy as signals of sustainable future earnings growth.

We believe the equity market is in a late-cycle environment, which becomes harder to navigate as recession concerns start to rise.

Stable interest rates, low inflation and near-trend growth point to continued equity performance and moderately higher Treasury rates.