Nuveen: 2023 2Q Global Investment Committee Outlook
CLICK TO READ MORE Global Investment Committee 2Q 2023 outlook Caught in a holding pattern
LPL: Three Takeaways From The Fed Decision
Overview First, a Pause was Discussed but Eventually Dismissed In days prior to the meeting, committee members considered pausing the rate hiking campaign due to uncertainty with some regional banks. The run on deposits at some banks in the U.S. created a bit of a scare, but as the days passed, participants believed conditions […]
John Hancock: Weekly Market Recap Week Ended March 24th
Fed raises again The U.S. Federal Reserve on Wednesday lifted interest rates by a quarter percentage point, extending its run of rate hiking amid continuing instability in segments of the banking sector. Fed officials also revised their GDP growth forecast downward. Each of the major U.S. indexes fell 1.6% for the day. Yield […]
TD Ameritrade: Caution Signs
Alex Coffey, Senior Trading Strategist, TD Ameritrade (Friday Market Open) As the weekend nears, market participants are building in strong chances of a 25-basis-point rate hike at the Federal Open Market Committee (FOMC) meeting next week. The question is whether it’ll be the last upward move in this now yearlong cycle. There are many indications it could […]
Putnam: Will Interest Rates Go Down?
Putnam Fixed Income team, 02/16/23 Now that inflation has increased and broadened, will long-term interest rates stay higher for longer? In this update, we explain why we believe rates could stay high and under what circumstances — our base case, in fact — rates could return to lower, pre-pandemic levels. Determinants of long-term rates In […]
John Hancock: Weekly Market Recap Week Ended March 17th
Financial stressors The week’s market volatility was driven primarily by the fallout from two U.S. bank failures and stresses at a midsize lender that secured a $30 billion deposit pledge on Thursday from a consortium of 11 large banks. In addition, a troubled European bank received emergency assistance from Switzerland’s central bank. Bond […]
Global X: Inflection Points March 2023
Editor’s Note: Inflection Points is a monthly series intended to explore the underlying trends, dynamics and opportunities shaping the thematic investing landscape. A major sea change is underway as the benefits of investing in innovation are democratized across the economy. For the past decade, big tech yielded disproportionate returns from innovation.1 The big tech […]
LPL: Dissecting Recent Bank Failures
Monday, March 13, 2023 Bank Failures Raise Market Distress Stock and bond market activity was materially shaken last week as Silicon Valley Bank (SVB), the California bank subsidiary of SVB Financial Group (SIVB), fell into FDIC receivership. SVB is the first FDIC-insured institution to fail since 2020 and the largest by assets since Washington […]
John Hancock: Weekly Market Recap Week Ended March 10th
Jobs machine A monthly gain of 311,000 U.S. jobs that was reported on Friday couldn’t match the surge of more than 500,000 positions added in January, but the latest result again exceeded most economists’ expectations. The government also reported that wages rose at a moderate 0.2% in February relative to January, which could […]
Alliance Bernstein: Reimagining Growth
US growth stocks were hit hard in last year’s downturn, with the mega-caps accounting for nearly half of the market’s decline. Now, the changing contours of the market mean investors can capture a broader array of recovery candidates while incurring less benchmark risk. Last year’s shake out of mega-cap US stocks is reshaping the […]