Portfolio Management

Market Recap Friday, August 18, 2017

In Brief U.S.: Home builder sentiment climbs in August 2017 and consumers still likely pent up demand for housing; 10-year breakeven inflation rate rose in July for the first time in five months; NAFTA changed U.S. trade with Canada, Mexico; dollar fell in July against most other currencies EU: The hard data released this week […]

Market Recap Friday, August 11, 2017

In Brief U.S.: Producer prices recorded the biggest drop in 11 months; productivity rose 0.9% in 2Q17, consistent with the climb in the JOLTS Quits Eurozone: Soft and hard data in Germany eased slightly but remain robust; Bank of France sees economic growth of 0.5% in 2Q17 U.K.: The Brexit dulled another quarter of the […]

Market Recap Friday, August 4, 2017

In Brief U.S.: 10-year yield slips to lowest in a month; The DJIA closed above 22,000 for the first time; U.S. companies post profit growth not seen in six years; a very strong jobs report for a maturing cycle Manufacturing tailwind continues: Manufacturing in the Eurozone, U.K., and the U.S. continues to enjoy a significant […]

Market Recap Friday, July 28, 2017

In Brief U.S.: Consumer confidence steadfast ahead of political turmoil; U.S. dollar weakened notably Eurozone: “Euphoric” soft data points and growth spurt loses momentum for second month running Germany: The Ifo business climate index rose to another record high at 116.0 in July; German private sector output growth eases in July France: July PMI to […]

Market Recap Friday, July 21, 2017

In Brief Europe: Encouraging data now; ECB studying tapering U.S.: Inflation down; housing permits back up China: New data released; PBOC to coordinate work of new financial oversight body U.K.: Unexpected softer inflation in June LEIs: Global nominal reacceleration ending; real growth drivers needed Given the magnitude and pace of change in the technology sector, […]

Market Recap Friday, July 7, 2017

In Brief U.S. growth continues to hum along at a moderate pace More hard evidence of European economic expansion Capacity, labor, and price pressures accruing in Japan In China government and private PMIs embody soft-landing The Brexit/politics dulled 2Q17 economic activity in the U.K. Equity markets performance was upbeat in 2Q17 U.S. government bonds rallied […]

Market Recap Friday, June 30, 2017

In Brief Momentum equity style factor is outperforming, backed by a sustained economic expansion. Oil prices entered a bear market on concerns about higher-than-anticipated global supply. Baa spreads hit fresh lows. A notable Leadership shift since Comey’s Testimony in early June: Technology price looks corrective while financials are reaccelerating. Stock volatility is near an all-time […]