Portfolio Compass | August 21, 2019

COMPASS CHANGES Upgraded our view of large growth from neutral to neutral/positive Downgraded our view of mid value from neutral/positive to neutral Downgraded our view of small value from neutral to negative/neutral Upgraded our view of consumer discretionary from...

Tweaking Our Forecasts | Weekly Market Commentary | August 19, 2019

We are tweaking our 2019 forecasts to reflect increased risk to economic growth and corporate profits from the ongoing trade conflict between the United States and China. We are maintaining our year-end fair value target on the S&P 500 of 3,000 as lower interest...

The New (Ab)normal | Weekly Market Commentary | August 12, 2019

Stocks endured significant volatility last week but showed some resilience Wednesday, August 7, when the S&P 500 Index dropped as much as 2% intraday before rallying back late to close slightly positive. Stocks ended the week near flat, putting the S&P 500...

Currency Fears Emerge | Weekly Market Performance | August 9, 2019

The equity markets struggled in the week ending Thursday, August 8, weighed down by currency related trade uncertainty after China retaliated against new tariffs by devaluing the yuan. Several central banks cut interest rates, adding pressure on the Federal Reserve...