“Melt-up or Melt-down?” | Weekly Market Commentary | February 5, 2018
“Friday’s sharp stock market decline might have led us to forget that just a few days ago many claimed the stock market was melting up.”
Source: WEEKLY COMMENTARY
“Friday’s sharp stock market decline might have led us to forget that just a few days ago many claimed the stock market was melting up.”
Source: WEEKLY COMMENTARY
“The latest data on GDP, inflation, and the job market continue to paint a positive picture of the U.S. economy.”
Source: WEEKLY COMMENTARY
“Jerome Powell will take over as Fed chair on February 3 and may continue the path of data-dependent, gradual rate hikes laid out by his predecessor, Janet Yellen.”
Source: WEEKLY COMMENTARY
“The U.S. dollar was in the news after comments from Mnuchin, Draghi, and Trump created volatility in the world’s reserve currency.”
Source: WEEKLY COMMENTARY
“The recent lack of volatility in the U.S. stock market has been historic on many levels.”
Source: WEEKLY COMMENTARY
“The Beige Book suggests continued moderate economic growth.”
Source: WEEKLY COMMENTARY
“Treasury yields have seen a significant increase since early September 2017, but credit markets aren’t showing any signs of stress.”
Source: WEEKLY COMMENTARY
“We expect a solid fourth quarter earnings season and believe a 14–16% year-over-year increase in S&P 500 earnings is achievable.”
Source: WEEKLY COMMENTARY
“Increased short-term municipal bonds view to neutral/positive.”
Source: WEEKLY COMMENTARY
“2017 was an excellent year for international equities, particularly EM.”
Source: WEEKLY COMMENTARY