Portfolio Compass | September 21, 2016
“Downgraded telecom to negative/neutral from neutral. Upgraded mortgage-backed securities and bank loans to neutral/positive from neutral.”
Source: WEEKLY COMMENTARY
“Downgraded telecom to negative/neutral from neutral. Upgraded mortgage-backed securities and bank loans to neutral/positive from neutral.”
Source: WEEKLY COMMENTARY
“The municipal bond market is dealing with a surge of supply of epic proportions, both from new issuance and existing supply in the secondary market.”
Source: WEEKLY COMMENTARY
“By nature, emerging markets (EM) have greater risks, but they also have attractive attributes relative to developed foreign markets.”
Source: WEEKLY COMMENTARY
With a rate hike unlikely, the Fed may begin to prepare the markets for a hike in December.
Source: WEEKLY COMMENTARY
“We do not see the recent rise in Treasury yields as the start of another “taper tantrum” bond sell-off.”
Source: WEEKLY COMMENTARY
“Should stock investors sell now?”
Source: WEEKLY COMMENTARY
Beige book suggests continued modest economic growth.
Source: WEEKLY COMMENTARY
We see modest gains for stocks over the rest of the year, powered by a strong economic growth outlook and tremendous earnings momentum; although, an increase in volatility during the historically weak month of September is quite possible.
Source: WEEKLY COMMENTARY