“We continue to expect housing may add to GDP growth in 2014 and for the next several years as the market normalizes following the severe housing bust of 2005-2010.”
Month: September 2014
“Grading on a Curve (the Yield Curve, That Is)” | Weekly Market Commentary | September 29, 2014
“The yield curve has a perfect record in signaling recessions over the past 50 years.”
PIMCO Client Letter by Burt White, CIO | September 26, 2014
“Last Friday, LPL Financial Research was made aware that Bill Gross, Pacific Investment Management Co. (PIMCO) Chief Investment Officer (CIO) and lead portfolio manager on several funds, would be leaving PIMCO. After the market close on Friday, PIMCO p…
Current Conditions Index | September 24, 2014
“Over the past week, the LPL Financial Current Conditions Index (CCI) rose eight points to 265.”
“The State of States” | Bond Market Perspectives | September 23, 2014
“A change of seasons should be noted by municipal investors, as a seasonal increase in new issuance may be a catalyst to lower returns after a strong 2014.”
“Mind the Gap” | Weekly Economic Commentary | September 22, 2014
“The key now for the Fed, as it deliberates when to begin to raise rates, is to gauge how quickly the output gap is likely to close.”
“Don’t Fight the ECB? (Part 2 of 2)” | Weekly Market Commentary | September 22, 2014
“Last week we discussed why buying European stocks now, following the recent stimulus announced by the ECB, is very different from buying U.S. stocks during periods of Fed stimulus in recent years.”
Current Conditions Index | September 17, 2014
“Over the past week, the LPL Financial Current Conditions Index (CCI) fell nine points, but it remains in the range of recent post-recession highs.”
Portfolio Compass | September 17, 2014
“No changes.”
“Optimum Market Portfolios” | Timely Topics | September 16, 2014
“We continue to be pleased by the Optimum Market Portfolios’ (OMP) long-term track record.”