KEY TAKEAWAYS We expect the Fed to pause interest rate hikes this week. While the market environment has been challenging, we think recent weakness increases the chances of a positive market response post-tightening cycle. Whether the Fed’s rate hike campaign is...
KEY TAKEAWAYS Following last week’s rejection of Theresa May’s Brexit plan, we discuss what’s next for the United Kingdom and possible market implications. We maintain a cautious tactical view on European equities, given lackluster economic growth, increased political...
KEY TAKEAWAYS S&P 500 earnings growth will slow in the fourth quarter but is still expected to be strong. U.S. economic growth, tax cuts, higher oil prices, and corporate stock buybacks are among the positive drivers. However, earnings may be capped by trade...
STOCKS SLIDE MOST SINCE 2011, EVEN AMID SOLID ECONOMIC DATA U.S. economy posts robust third-quarter growth. Gross domestic product (GDP) increased 3.4% in the third quarter on an annualized basis, capping its strongest two quarters of growth in four years. The...
Economy: Signs of Strong U.S. Economy Clouded by Market Volatility Economic trends generally improved in December, even amid some of the most significant financial market volatility of the bull market. The Conference Board’s Leading Economic Index (LEI), an aggregate...
