Risk-reward trade-off in stocks has become less attractive following recent gains.read more
Expectations for solid but slower growth in the U.S. economy and corporate profits support our year-end 2019 fair value target for the S&P 500 of 3000.read more
Large caps may be better positioned than small caps, given where we are in the business cycle.read more
Fundamentals remain sound, valuations are reasonable, and most technical indicators we follow point to further potential gains ahead.read more
During the 10-year bull market, the S&P 500 Index has more than quadrupled in value.read more
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