“The Fed’s decision to hike rates is a vote of confidence in the U.S. economy.”
Month: December 2015
“The Wait is Over” | Weekly Economic Commentary | December 21, 2015
“The Fed has raised rates because it believes the U.S. economy is strong and likely to continue to grow.”
Portfolio Compass | December 16, 2015
“Downgraded emerging market (EM) equities to neutral from neutral/positive.”
Fed Finally Raises Rates Client Letter by Burt White and John Canally | December 16, 2015
“The events of today bring one word to mind: finally. Earlier today, the Federal Reserve (Fed) finally raised the target for the federal funds rate by 0.25%.”
“High-Yield: Flows Over Fundamentals” | Bond Market Perspectives | December 15, 2015
“The origin of high-yield weakness has come from the lowest-rated tiers of the high-yield market but has infected the broader market.”
“FOMC FAQs” | Weekly Economic Commentary | December 14, 2015
“The Fed holds its eighth and final FOMC meeting of 2015 this Tuesday and Wednesday, December 15 – 16, 2015.”
“What Does The High-Yield Sell-Off Mean For Stocks?” | Weekly Market Commentary | December 14, 2015
“Widening high-yield bond spreads preceded the start of the stock market downturns in 2000 and 2008, causing many to ask if the latest bout of high-yield weakness portends another downturn.”
“2016 Fixed Income Outlook: New Episode, Same Show” | Bond Market Perspectives | December 8, 2015
“High valuations, steady economic growth, and the lingering threat of Fed rate hikes may keep pressure on bond prices in 2016.”
“Back To A Routine: 2016 Economic Outlook” | Weekly Economic Commentary | December 7, 2015
“Our view is that the U.S. economy–as measured by real GDP–is likely to post growth of 2.5-3.0% in 2016.”
“No Pain, No Gain: 2016 May Require Tolerance For Volatility” | Weekly Market Commentary | December 7, 2015
“Although we expect average returns for stocks in 2016, the path to reach them will be anything but routine.”
