“Demand from overseas investors once again helped the bond market shrug off stronger economic data and weak Treasury auction demand.”

“We believe emerging markets (EM) fundamental conditions are set for improvement in 2015, based on our outlooks for economic growth, earnings, and policy.”

“The much weaker than expected Q3 GDP reading in Japan is a modest threat to overall global growth for 2014 and into 2015.”

“Although the S&P 500 has achieved our total return forecast for 2014 (10–15% gains), we continue to favor U.S. stocks through year end with support from continued steady earnings growth.”

“Over the last week, the LPL Financial Current Conditions Index (CCI) rose 5 points to 256.”

“We find it premature to draw conclusions regarding oil prices and the performance of the road high-yield bond market.”

“While the certainty provided by an election outcome has been positive for the stock market over time, our positive stock market outlook is based much more
on fundamentals.”

“The drop in gasoline prices over the fall and summer months has been a plus for spending, but other factors have a much bigger impact on the consumer.”