2018 Market Outlook – Factors
One of the prisms through which we analyze market and manager performance is that of common risk factors. A risk factor is a characteristic that is common to a broad universe of stocks that has three primary attributes...
Time to Take a (Measured) Risk?
Astute investors know that buying when others are fearful can be a good strategy. Despite remarkably low market volatility, investors continue to avoid risk. This month, we examine previous periods of risk and investor behavior, when investors discarded normal valuation measures, threw caution to the wind, and suffered the consequences.
Markets Are Quiet for Now. What Next?
After a rousing start to the year, equity markets have been in a calmer state and bond yields have leveled off, leading investors to question whether global geopolitical and election concerns (and our own domestic legislative challenges) may be signaling that trouble lies ahead.
Bull Or Bear: Should Investors Still Care?
With the stock market in full swing, investors are questioning whether the end is nigh. This month, we review bull and bear market cycles past, and observe the difference between cyclical and secular periods.
Separating Markets from Politics, Is It Really A "Trump Rally"?
Rising equity prices and bond yields pose a puzzle for investors. Given equity valuations, some investors question whether the rally is peaking. This month, we examine the fundamental underpinnings of a steady economy, growth of company earnings and revenue, and pent-up consumer spending.
What 2016 Can Teach You About Investing in 2017
If there’s one word that characterizes 2016, it’s drama. That goes for last year’s politics, sports and even investments—last year, almost every corner of the global financial market experienced some kind of dramatic reversal, from U.S. stock markets to global bond markets, from crude oil prices to gold prices.
Investing in Trump’s Economy? Proceed With Caution
As investors are tempted to invest in response to the new administration’s policies, this month, we compare the positive areas that could have strong impacts on the economy with those that could prove more problematic. We caution against making reactive investment decisions based on speculation and momentum in favor of waiting to see what Congress actually passes.
Will Markets and Portfolios Emerge Winners or Losers Under the New Administration?
Based on the little substance that emanated from the presidential campaign, it is almost impossible to game the precise market and economic policy implications of a Trump presidency. What there is to guess at suggests possible gains for the financial sector, companies leveraged to infrastructure, and healthcare companies, should there be dramatic reform to the Affordable Care Act.
Have We Only Just Begun?
Stampeding global markets post-election make us question whether the bull still has life. This month, we present a rationale for why it may still have room to run, analyze its underpinnings, and suggest how investors can use market dips as entry points to reposition portfolios and take advantage of what may be a new trend in equity strength.
Alpha, Beta, and Impact: Quantitative Portfolios Aligned With Values
In this video for The PMC Spotlight, Ryan Tagal, Director of Product Management at PMC, explains how advisors can help investors achieve both index returns and social priorities, and offers insight on innovations on the horizon for impact investors.
Rotations, Reversals, Rising Rates: A Time to Reposition
The Federal Reserve’s intent to raise rates, coupled with the election of Donald Trump, may have ignited a Great Rotation from bonds to equities, calling into question the relative safety of bonds that investors have experienced over the past three decades.
Post-Election, Will Markets and Portfolios Emerge Winners or Losers?
On the morning after the election, experts from Envestnet | PMC attempted to answer: Will a new president signal a change in markets? What will a new administration mean for portfolios? Where are the investing opportunities in the short and long-term? The webinar featured Tim Clift, Chief Investment Strategist, and Brandon Thomas, Chief Investment Officer at PMC, and Zachary Karabell, Head of Global Strategy at Envestnet.
In a 2-2-2 World, Look for Modest Economic Growth and Expansion
The post-election outlook has investors questioning the state of the global economy, volatility, corporate earnings, and the direction of interest rates.
The Essentials of Impact Investing
In this video for The PMC Spotlight, portfolio manager Ali Caffery talks about how to make an impact with the two key investor groups that stand to benefit significantly from the impending $30 trillion wealth transfer.