Rates out the curve are key to the equity outlook
The risk-on phase has turned choppy as bond yields have edged higher.
06/03/2024
5 min read
Doll’s Deliberations
From the mind of industry veteran Bob Doll comes Doll's Deliberations®, a weekly investment commentary.
Commentary
The beat (profits feeding self-reinforcing expansion) goes on …
Risk asset markets remain well bid as investors have patiently waited for the promised rate cuts from the Fed.
05/28/2024
5 min read
Relatively easy monetary policy fuels risk-on capital markets
Global financial markets remain dominated by swings in Fed rate expectations.
05/20/2024
5 min read
Is the U.S. weakening as the rest of the world improves?
The global economic expansion is slowly improving, led by the resilience of the still-strong U.S. economy, an improving trade backdrop, and the ongoing positive performance of global corporate profits.
05/13/2024
5 min read
Cross currents abound – expect choppy markets
Swings in expected interest rate cuts by the Federal Reserve continue to drive global capital market performance.
05/06/2024
5 min read
Volatility to continue in both directions
The recent rise in bond yields and further unwinding of U.S. rate cut expectations have been sufficient to halt the post-October risk rally.
04/29/2024
5 min read
Stocks turn sloppy and are likely to continue to consolidate/correct
Equity markets have stumbled modestly because of yet another pivot by Fed Chair Powell.
04/22/2024
5 min read
20 Key Points
With much to highlight, we decided to expand our key points from 10 to 20 this week and forgo the essay.
04/15/2024
5 min read
Double-Digit Earnings Growth and Multiple Fed Rate Cuts Seem Incompatible
The Fed met and, as expected, did not move rates, but seems determined to cut rates with the timing getting pushed further into the future.
03/25/2024
5 min read