Investment Strategy
Weekly market guide
MARKETS & INVESTING April 14, 2023 Review the latest portfolio strategy commentary from Mike Gibbs. The S&P 500 has remained resilient in the face of growing economic concerns. The primary catalyst for the strength is declining Federal Reserve (Fed) expectations and lower bond yields in our view. Wednesday’s Federal Open Market Committee (FOMC) Minutes supported […]
U.S. government readies for latest debt ceiling showdown
MARKETS & INVESTING April 12, 2023 Senior Investment Strategist Tracey Manzi looks at the factors that are contributing to the current impasse. To read the full article, see the Investment Strategy Quarterly publication linked below. Key takeaways: The U.S. government has hit its statutory borrowing limit. The debt limit is not about new spending, […]
Bigger picture… not too late to lock in yield
MARKETS & INVESTING April 10, 2023 Doug Drabik discusses fixed income market conditions and offers insight for bond investors. As recently as one month ago (March 9), the Fed Funds Future implied rate for the upcoming FOMC meeting on March 22 was 4.963% (leaning toward a 50 basis point (bp) hike) and 5.515% for […]
Weekly market guide
MARKETS & INVESTING April 06, 2023 Review the latest portfolio strategy commentary from Mike Gibbs. The S&P 500 has done well to recover from banking issues over the past several weeks, and actually has advanced above prior levels. However, market participation in the move has been weak with performance dominated by Large Cap Growth-oriented […]