INSIGHTS AND
COMMENTARY

Could a Fed Rate Cut Be Bearish?

After the S&P 500 suffered one of its worst May’s in decades, stocks are rallying so far in June on expectations the Federal Reserve is about to cut interest rates. The next Federal Reserve Open Market Committee meeting is set for June 19, 2019. Based on the Bloomberg World Interest Rate Probability screen (WIRP), markets are pricing in a 20% chance for a rate cut next week, an 84% chance in..

Read Full Article

Bear or No Bear-Here’s What to Expect Next

The wild price swings in U.S. equities over the past few weeks have a lot of investors wondering if this kind of volatility is normal, and whether it means we’re on the brink of a new bear market. Staking claim on a new bear market can be tricky since the official definition usually requires a price decline of at least 20%. Waiting for confirmation before acting can be hazardous to your client..

Read Full Article

What's Next for Equities

Well it’s official, the lazy days of summer are over. The kids are back in school, Wall Street is back to work and Halloween decorations are already showing up in stores. Volatility in markets has returned, and our risk models are beginning to make adjustments to portfolios. September and October are notorious for some of the highest market volatility on record. Likewise, November and December..

Read Full Article

What the Fed is Watching

Last week we shared how the Bloomberg World Interest Rate Probability Indicator reading reached the 100 percent level for a rate increase at the March 15th FOMC meeting. (See Beware The Ides of March) While we pay close attention to WIRP, it’s not the only data point pointing towards higher interest rates.

Read Full Article