Search Results
Page 216 of 237
Investor Pessimism Still at Historic Lows
Posted by George Smith, CFA, CAIA, CIPM, Portfolio Strategist Friday, October 14, 2022 The latest weekly data from the American Association of Individual Investors (AAII) showed the percentage of individual investors who are bullish about short-term market expectations at very depressed levels (20.4%), and continued the trend of an extremely elevated proportion of bearish investors (55.9%). […]
October 14, 2022
A Lost Decade for Core Bonds?
Posted by Lawrence Gillum, CFA, Fixed Income Strategist Tuesday, October 18, 2022 The start of the 2000s was a trying time for equity investors. After the dot-com bubble burst that saw equity prices fall nearly 50% from peak to trough, it took the better part of the decade to recover those losses. It took patience, but […]
October 18, 2022
Fewest up Days Since 1974 as Volatility Continues
Posted by George Smith, CFA, CAIA, CIPM, Portfolio Strategist Wednesday, October 19, 2022 Investors who feel like there have not been many good days to cheer so far this year are correct to think that way. As shown in the LPL Research Chart of the Day, the year-to-date percentage of days that the S&P 500 has […]
October 19, 2022
Will Higher Borrowing Costs Spook the Corporate Credit Markets?
Posted by Lawrence Gillum, CFA, Fixed Income Strategist Tuesday, October 25, 2022 With the aggressive front loading of rate hikes we’ve already seen from the Federal Reserve (Fed) this year, yields on Treasury securities are at multi-year highs. Moreover, since Treasury yields are generally used as the base rate for consumer and corporate borrowers, the increase […]
October 25, 2022
Markets Welcome New British Prime Minister Sunak
Posted by George Smith, CFA, CAIA, CIPM, Portfolio Strategist Wednesday, October 26, 2022 British bond markets and the British pound received a boost on Tuesday as Rishi Sunak, a former chancellor of the Exchequer and Chief Secretary to the Treasury, was named the new Prime Minister (PM) of the United Kingdom (UK). Mr Sunak is expected […]
October 26, 2022
What to Say About the Rebound in Growth
Posted by Jeffrey J. Roach, PhD, Chief Economist Thursday, October 27, 2022 What a Rebound After two consecutive quarters of negative growth, the U.S. economy grew at a 2.6% annualized rate in the third quarter, driven by a resilient consumer sector. Real personal spending, roughly 70% of the economy, grew 1.4% annualized, slightly slower than the […]
October 27, 2022
How Markets Respond to Yield Curve Inversions
Posted by Barry Gilbert, PhD, CFA, Asset Allocation Strategist Tuesday, November 1, 2022 Wednesday last week, the three-month Treasury yield moved above the 10-year Treasury yield, a condition known as yield curve inversion and historically an important warning flag of elevated recession risk. But has it also been a warning flag for market returns? Historically, that […]
November 1, 2022
Some Good News and Some Bad News for the Fed
Posted by Jeffrey J. Roach, PhD, Chief Economist Wednesday, November 2, 2022 Awaiting the Federal Reserve Decision While awaiting the Federal Reserve’s (Fed) interest rate decision, investors received a few pieces of relevant news this week that could likely be topics of conversation among Fed officials. Most expect the Fed to aggressively hike the federal funds […]
November 2, 2022
Federal Reserve Meeting Recap: Slower Pace But Higher Terminal Rate?
Posted by Jeffrey J. Roach, PhD, Chief Economist Thursday, November 3, 2022 The Federal Reserve (Fed) ended its two-day Federal Open Market Committee (FOMC) meeting yesterday and the outcome was broadly in line with market expectations. As expected, the Committee raised short-term interest rates by 0.75% to take the fed funds rate to 4.0% (upper bound). […]
November 3, 2022
Goldilocks Jobs Report Boosts Fed Slowdown Hopes
Posted by George Smith, CFA, CAIA, CIPM, Portfolio Strategist Friday, November 4, 2022 The U.S. Labor Departments nonfarm payrolls report released today showed encouraging signs for the Federal Reserve (Fed) that a “soft landing” for the economy may still be achievable. Markets responded positively to the report data that showed a cooling of the still hot […]
November 4, 2022