JP Morgan CEO Jamie Dimon caused a stir lately when he talked about a "hurricane" hitting the US economy.
We are excited to start sharing the thought process of Erlanger Research on Advisor Perspectives as perspectives and unique views are something that there is no shortage of in our shop
Absent a crisis, stiffer regulation of cryptocurrencies could take many decades, especially given that major players are pouring huge sums into lobbying.
Investors are shifting their focus from runaway inflation to slowing global growth as central banks hike rates to tame price pressures.
We have a very precise methodology for dissecting the world’s equity markets.
Strong employment and spending will help the economy grow through current shocks.
Will the Fed pause its rate hikes as markets correct?
LPL Research looks at the May jobs report and its impact on markets and Federal Reserve (Fed) policy.
Let me take a minute to introduce myself and my publication The FRED Report.
It’s not all doom and gloom, though. Due to stratospheric oil and gas prices, energy stocks have been the one bright spot in an otherwise dour market this year. Through the end of May, the S&P Oil & Gas Exploration & Production Index gained an incredible 60%, compared to the S&P 500, which fell about 13%.
The chance that all the necessary pieces will line up that way? Somewhere between slim and none, and as my dad used to say, “Slim left town.” And while my memory isn’t perfect, I don’t believe any speaker at the conference believed in the possibility of a soft landing. And even if we get one, we have serious problems that predate this inflation. They haven’t gone anywhere.
Is a “lost decade” ahead for markets?
Markets stabilized in May after one of the worst months since the start of the pandemic.
In January Goldman Sachs projected that the FOMC would increase the federal funds rate at every other meeting (each meeting is 6 weeks apart) starting with the March meeting.
Bear markets always signal a leadership change within the overall equity market. The leadership going into a bear market is rarely, if ever, the leadership coming out. Because of this rule of thumb, we view bear markets as periods of extreme opportunity.
Sharp, countertrend rallies may continue this year, but aggressive Fed policy, the turning of the liquidity tide, and slower economic growth will likely keep pressure on stocks.
Welcome to another subscriber request where I will cover 42 stocks.
We strongly believe that the traditional benchmark-led approach to investing in emerging market debt can be far from optimal.
This commentary provides a look at what we covered in the latest Weekly Insights report. The Weekly Insights Report is part of our entry-level service: presenting some of the key findings from our institutional research service.
Virtual reality is not reality!
The first half of the year has so far been challenging for investors in municipal bonds.
A fascinating aspect of the financial markets is that long-term returns are driven almost entirely by math, while short-term returns are driven almost entirely by psychology.
Municipal bonds acquired at too deep a discount could be subject to an additional tax, known as the de minimis tax, which would take a bite out of the after-tax return.
Markets flailed in May, seeking certainty amid conflicting signals.
There are eight global mountaintops scaling 26,000 feet or higher, including Mt. Everest, the most famous of them all.
Through rising real yields, a slowing economy and poor seasonality, short-term headwinds remain for gold and precious metals.
For the year ending December 31, 2021, passive mutual funds and ETFs reported estimated net inflows totaling $958.43 billion, compared to estimated net inflows totaling $249.91 billion for actively managed funds.
We are now about five months away from the mid-term elections that will decide who controls the Senate and House of Representatives for the next two years.
Has the global investment environment which we have grown accustomed to over the past few decades fundamentally changed?
Growth stocks are under acute pressure as rising interest rates change the dynamics that drive equity valuations.
High inflation has captured the headlines as of late particularly as CPI recently hit the highest levels since 1981.
There’s a silver lining to the current bear market…
Wedding costs reflect the myriad forces that have driven inflation upward.
The bear has ended a long hibernation.
Linde is the largest industrial gas company worldwide and an innovator in the highly engineered technologies used to deliver gas to customers.
Summer is right around the corner, and traditionally that’s when families pack their bags and get away for a well-deserved vacation. Since this is the first summer travel season in three years that feels like the before times, airlines and airports are bracing for what is expected to be a particularly busy three months.
It looks like the economy will grow for a while, just not very fast. And we simply don’t know what will happen when the Federal Reserve tightens in the face of a slowing economy.
I believe one of the most dangerous behaviors is the willingness to invest in highly overvalued stocks.
High inflation and the consequences of attempts to curb it are a top concern for today’s investors.
Texas now leads the nation in the number of Fortune 500 companies that are headquartered in the state.
As everyone knows, the labor market has been quite strong, with expectations for the unemployment rate to fall further next week.
For investors wondering where to store cash, comparing the maturity profiles on Treasuries with their “risk of loss” history can help reveal where value might lie within shorter maturities.
With “Team Persistent” having clearly prevailed over “Team Transitory” in the debate over the nature of today’s surging inflation, the question now is whether prices can be tamed without also causing a recession.
The disinflationary impact of Fed policy on equities is coming.
Low inventories drove natural gas prices to their highest level since 2008, while above normal temperatures are putting additional stress on natural gas supply.
As market volatility rages, Raymond James CIO Larry Adam believes the Fed will likely engineer a soft landing and avoid a severe recession.
The Franklin Templeton Institute hosted the Global Investor Forum last week in New York featuring internal and external speakers with expertise across economics, history, foreign policy, sustainability and investment management.
There is increasing awareness among investors of the important role that responsible investing plays in a well-diversified portfolio.
Investors’ expectations that interest rates will not rise much may be very misguided.
The outlook for credit amid rising inflation, monetary tightening, and war in Europe.
