With last week’s news that Italy has formed a government, securing the country’s place in the Eurozone, at least in the short term, are European stocks now attractive? Relative to other choices, namely the U.S. and emerging market equities, we aren’t yet so...
Macro View Daily Insights Is trade war still on hold? The latest trade headlines are far from reassuring, and risk certainly remains elevated; though our base case remains that the negotiations will lead to an outcome that is not materially damaging to U.S. or global...
US: S&P 500 Index +0.5%, Dow -0.5%, Nasdaq +1.6% Europe: STOXX Europe 600 -1.1%, German DAX -1.7%, France CAC 40 -1.4%, U.K. FTSE 100 -0.7% Asia: Japan Nikkei -1.2%, China Shanghai Composite -2.1%, Korea KOSPI -0.9% Rates/Commodities:...
Macro View Daily Insights Trump levies tariffs, trading partners quick to respond. With negotiations making little headway, the Trump administration was disinclined to grant further exemptions for the European Union (EU) to avoid new U.S. tariffs on steel (25%) and...
U.S. equities advanced in May to extend their win streak during the month to six years, but can the summer rally continue? First things first, historically June has been a stumbling block for stocks. June has been one of the weakest months for the S&P 500...
