The former UK Finance Minister has warned that nobody know what will happen next. So it's time to prepare contingency plans for rising interest rates, a China slowdown, trade protectionism/Brexit and growing political chaos.
The Fed is dazed and confused (with apologies to Jake Holmes) about the lack of goods/services price inflation currently present in the U.S. economy. No matter how you slice or dice the Personal Consumption Expenditures (PCE) Chain Price Index, its annualized growth has not trended above 2% since 2011.
Value stocks have underperformed most other styles of investing, as well as the broad market, by a wide margin since the beginning of 2015. We see several reasons why, which point to the catalysts for a potential recovery; we do not think Value is past its prime.
This commentary contains slides from a presentation by Paul Kasriel.
In recent weeks, the U.S. has experienced two natural disasters – Hurricanes Harvey and Irma. Much real property was damaged or destroyed by these two hurricanes. There will be an increase in construction expenditures to repair and replace damaged/destroyed buildings and homes.
The Federal Reserve is widely anticipated to begin the process of balance sheet normalization, or quantitative tightening, this fall. What kind of impact to markets is expected?
This paper seeks to understand if a value investing approach could be viable in emerging markets and identifies the specific drivers of value in these markets.
The Trump agenda was an ambitious one. Senior investment strategist Paul Eitelman breaks down its progress piece by piece and shows the potential impact on markets and investors.