Market Insights

Featured Video

Vantage Point:
Blue skies ahead?

Despite the market gyrations of the past six months, the real economy appears to be steady, the Fed patient, and inflation tame. Where does all this leave investors?

Download full report

Monthly Market Roundup

Risk-off Environment

  • Global equities suffered their worst May in seven years as higher trade tensions and weaker economic data contributed to risk-off sentiment.
  • Core global sovereign bond yields fell sharply as investors sought safety.
  • The recent stabilization in downwards global growth momentum has abated.
  • A growth uptick appears unlikely unless trade-related uncertainty is resolved or China stimulates more than expected.
  • The market has shifted its Fed rate expectations substantially.
  • We expect U.S.-China trade negotiations to linger for the next several months.
Find out more

May 2019

As concerns over opposing signals from bond and equity markets persist, the health of the U.S. consumer and effectiveness of Chinese stimulus remain key to further improvement in market sentiment.

Latest Edition: Conflicted bond and equity markets
DOWNLOAD THE ROUNDUP

April 2019

In the next few months, green shoots in the global economy and stabilized 2019 earnings will be key to further market returns.

Monthly Market Roundup
DOWNLOAD THE ROUNDUP

Monthly Market Roundup Podcast
Presented by Lale Akoner, Marketing Strategist

Monthly Market Roundup - May 2019

 

Monthly Market Roundup - April 2019

 

Monthly Market Roundup - June 2019

Points of View

What’s priced into markets?

U.S. equities: Why we still expect a positive calendar year…

While longer-term valuation measures show historically elevated valuations and thus imply lower future returns, lower real discount rates means equilibrium equity valuations are higher than in the past.

 

Read More

U.S. Treasuries: Why we think recession fears are unjustified

Given dramatic moves in risk markets, we provide a brief update of what we think markets are currently pricing in along with implications for investing.

 

Read More

Global Investment Strategy Group

Meet the minds behind the research.

Shamik Dhar

Chief Economist

FIND OUT MORE

Alicia Levine, PhD

Chief Strategist

FIND OUT MORE

Liz Young, CFA

Director of Market Strategy

FIND OUT MORE

Lale Akoner

Market Strategist

FIND OUT MORE

Bryan Besecker, CFA, CAIA

Market Strategist

FIND OUT MORE

MARK-64441-2019-06-07