Seasonal (Tail)winds | Weekly Market Commentary | October 21, 2019
The stock market has started October on a bumpy path. Many global issues remain unresolved, but seasonal forces, sound fundamentals, and breakthroughs on the trade and geopolitical1 fronts could help sustain the S&P 500 Index at record highs. Volatility can...
Another Run at Record Highs | Weekly Market Performance | October 18, 2019
U.S. stocks gained this week, making another run at all-time highs as investors watched global developments, and third quarter earnings season kicked off.
We have maintained our S&P 500 Index year-end fair value target of 3,000, even as the index hovers near that level following recent progress on U.S.-China trade discussions.
Earnings May See Better Days Ahead | Weekly Market Commentary | October 14, 2019
Corporate earnings growth has ground to a halt, but we think better times lie ahead. While tariffs and ongoing trade uncertainty could delay improvement, we remain optimistic that some progress on trade will be forthcoming and earnings growth could pick...