Market Updates
Weekly Financial Insights Blog

What Are The Experts Saying? Putting Professional Investors’ Comments Into Context

by Wendy W. Stojadinovic, CFA Director of Fixed Income Strategy Knowing what’s driving the market and understanding what to do about it are two very different things. There are plenty of headlines telling us the recent market correction was driven by slower global growth, particularly in C[...]

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New Manager Analysis: Beyond the Initial Meeting

There are approximately 8,000 mutual fund strategies, 7,000 separate account strategies and nearly 2,000 ETFs. Unfortunately, a good portion of these strategies have and will continue to produce disappointing returns for investors.  With many products and few good, long-term options, it’s importa[...]

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Crude Oil: Lower for Longer?

by Joseph F. Hickey, CFA Director of Equity Strategy  This week major oil companies such as Exxon, Conoco Phillips, Chevron and BP announced losses, cut dividends, slashed capital expenditures and eliminated share repurchases. A substantial number of energy companies are in discussions to rest[...]

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What Does A Dovish Hike Mean?

by Wendy W. Stojadinovic, CFA Director of Fixed Income Strategy Last week, the Federal Open Market Committee (Fed) raised their target interest rate for the first time since June, 2006.  Rather than raise the rate to a specific level as they have in the past, they are now using a target range [...]

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Performance Measurement: Danger of Point-in-Time Analysis

I hear it on TV, I see it in ads and I get the sales pitch.  “Fund XYZ is a 5 star fund according to Morningstar,” or “Fund XYZ is in the top quartile of its peer group for the trailing one- and three years.”  It sounds impressive.  But, should we listen?  No, not really.  Should you in[...]

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Rising Rates: A Good Thing for Bond Investors?

by Wendy W. Stojadinovic, CFA Director of Fixed Income Strategy In two recent blogs by my colleague, Mike Peters, he first addresses the concerns investors have about rising interest rates causing a bear market in bonds and then lays out what to expect for bond market returns looking forward th[...]

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Rethinking Concerns Over The Anticipated Increase In Interest Rates: What Returns I Expect From The Bond Market In Upcoming Years

In my last blog post, “Bear Market in Bonds: Rethinking Concerns Over the Anticipated Increase in Interest Rates.” I did my best to dispel predictions of a traditional bear market sweeping through the bond market and destroying investor capital. I walked through the necessary conditions for a be[...]

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Bear Market In Bonds: Rethinking Concerns Over The Anticipated Increase In Interest Rates

Since the great recession of 2008-09, many advisors and financial professionals have repeatedly predicted a bear market in bonds, and have been proven wrong time and time again. Early on, many of the bond market doom and gloomer’s believed that runaway inflation, caused by Federal Reserve money pr[...]

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Politics and Performance: Does control of the White House really matter?

by David G. Carroll, CFA Senior Portfolio Manager With the Presidential election only one year away, does it matter to the stock market which party wins the White House? The standard response is that the market favors Republican candidates due to their more business-friendly posture favoring l[...]

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Active Versus Passive – Understanding the Debate: Part 4 Active Investing

I smiled when I first read the title of the book. Mistakes Were Made (but not by me). I thought of my children “pointing their finger” at one another after something broke. In the grand scheme of things, it wasn’t a big deal. They’re kids, mistakes happen. At the same time, mistakes are only[...]

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