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.
If history is any guide, this weakening in bank credit growth excluding C&I loans is cause for concern with regard to the pace of economic activity.
If America wants to restore manufacturing employment to its former glory, the federal government should form a search-and-destroy task force with the authority to enter manufacturing facilities in the U.S. to smash robots, computers and any other labor-saving equipment the deputized task force deems appropriate. Then there will be a tremendous increase in demand for U.S. manufacturing employees.
After last year’s oil-price rebound, many investors wonder whether the recovery is over. Probably not. As global demand increasingly relies on US shale, we think oil prices could touch $80 by the end of the decade.
Capacity utilization in the global chemical industry has an 88% correlation with IMF data for global GDP growth. December’s data is now warning that a downturn has likely begun.
As a result of some Fed actions taken in 1936 and 1937, the U.S. economy, after experiencing a robust economic recovery starting in early 1934, slipped back into a recession midyear 1937, which lasted through midyear 1938.
Paul O’Connor, Head of Multi-Asset, reviews 2016’s lessons, and details the key themes that investors should prepare for in 2017. He explains which areas of the market look most and least appealing from a cross-asset perspective.
The Calamos Global Equity Team explains why they view India as one of the most compelling stories in the emerging markets.