Investment Insights: A fragile mood

Wade Balliet
Posted by Wade Balliet
Investment Strategy

Stock markets continue to swing wildly and notably below their record highs after a surprise bout of volatility last week erased a chunk of this year’s gains. The S&P 500 and global stocks, as measured by MSCI, fell again today, but are still up over 15 percent and 13 percent, respectively, this year.

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U.S. Outlook: Profits and Bonds Flash Same Downbeat Signals

Scott Anderson
Chief Economist
Economic crisis - Stock market graphs and charts - Financial and business background

The inverted Treasury yield curve and U.S. corporate profits are sending downbeat signals about our near-term economic and financial future.

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Investment Insights: Stocks aren’t a sinking ship

Wade Balliet
Posted by Wade Balliet
Investment Strategy

While we haven’t been crying wolf over recession fears or a market correction, our team continues to view risks as skewing toward the downside for financial markets. We maintain our forecast for a potential economic slowing in the latter part of this year and into 2020, which should mean corresponding movement in the stock markets. Our strategies remain relatively defensive in the current environment, and our recent allocation adjustments should contribute positively to our performance.

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U.S. Outlook: Employment Data Show Rot Beneath the Surface

Scott Anderson
Chief Economist

The latest U.S. employment data may seem solid, but we see clear signs of rot and deterioration below the surface that suggest even slower job growth ahead.

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