US: S&P 500 Index +0.5%, Dow +.04%, Nasdaq +0.6% Europe: STOXX Europe 600 +0.7%, German DAX +0.8%, France CAC 40 +1.8%, U.K. FTSE 100 +0.9% Asia: Japan Nikkei +1.8%, China Shanghai Composite -2.8%, Korea KOSPI +0.9% Rates/Commodities:...
Emerging markets (EM) is one area we contine to like in 2018 as a place to pursue alpha. As we noted in our Outlook 2018: Return of the Business Cycle, this group has solid fundamentals, modest valuations, and an opportunistic demographic backdrop. The country...
Macro View Daily Insights Leading indicators remains strong. The Leading Economic Index (LEI) jumped 0.3% in March, after being up 0.7% in February and 0.8% in January. This index comprises 10 components (e.g., jobless claims, factory orders, and confidence) to show a...
As this week’s Weekly Market Commentary suggested, we are seeing signs that indicate equities may have bottomed for the year. Today, we’ll take a look at market breadth—one of our favorite technical indicators—to explore whether it may be pointing to better times...
Macro View Daily Insights Beige Book continues to show economic strength. The Federal Reserve (Fed)released its latest Beige Book yesterday, which provides information from the 12 Fed districts on current economic conditions. Respondents continued to report steady...
