A Sentiment Check | Weekly Market Commentary | January 27, 2020

U.S. stocks have staged an impressive rally over the past few months. While we like seeing stocks rise, we’re starting to see signs of overbought conditions and stretched sentiment in market indicators we watch. We still believe in long-term fundamentals, but we think...

Portfolio Compass | January 15, 2019

COMPASS CHANGES Upgraded financials view to neutral/positive from neutral Upgraded industrial metals view to neutral from negative/neutral INVESTMENT TAKEAWAYS Our S&P 500 Index year-end 2020 fair value target range of 3,250–3,300 is based on a price to-earnings...

Market Insight Monthly | December 31, 2019

ECONOMY: U.S. ECONOMY’S PROMISING END TO 2019 The U.S. economy wrapped up 2019 with a batch of generally promising data as U.S.-China trade tensions died down. The Conference Board’s Leading Economic Index (LEI) rose 0.1% year over year in November, its slowest pace...