Articles by Mark Luschini
-
April Investment Perspectives
A look at potential opportunities in European stocks, surprising moves from foreign central banks, and the impact of April’s earnings expectations on stock prices.
-
Reaction to “Liberation Day”
The latest tariff announcement by the Trump Administration, declared “Liberation Day,” has set off another period of volatility in the markets.
-
March Investment Perspectives
In this issue, we compare the Mag 7 with the Nifty Fifty, discuss how much federal debt is too much, and how March may bring a chance to increase equity exposure.
-
February Investment Perspectives
The case for U.S. exceptionalism, four key issues facing fixed income, and a comparison of stock market returns and Punxsutawney Phil predictions.
-
The Trump Tariff Salvos Begin
As of now, we view any pullback in prices to be part of the volatility we expected this year and not sufficient to warrant a change in our constructive view for the stock market over the balance of 2025, as we laid out in Outlook 2025 publication.
-
January Investment Perspectives
In this issue we look at what will shape the economy in 2025, revisit last year’s market themes, and discuss how history may hint at what’s ahead.
-
Outlook 2025
Outlook 2025 offers the Janney Investment Strategy Group’s baseline prognostications for the economy, the equity and fixed-income markets, their evolution, and investment implications in the New Year.
-
December Investment Perspectives
Find out which sectors stand to benefit post-election, the tax-loss harvesting opportunities in December, and prospects that lie ahead for the market.
-
November Investment Perspectives (Special Election Edition)
In this special election issue, find out what president-elect will attempt to accomplish in his second term, if the current market narrative will morph into policy reality, and whether recent stock market gains are just a trend or a result of Trump’s win.
-
October Investment Perspectives
We take a closer look at economic activity in China, the potential changes to tax exemptions and what that might mean for munis, and how earnings expectations drive stock prices.
-
July Investment Perspectives
In this issue of Investment Perspectives, Janney’s Investment Strategy Group examines the appetite for gold, the recent concerns around liquidity, and what to expect for stocks as the summer winds down.
-
Outlook 2024: Mid-Year Update
To better position portfolios for the remainder of 2024, please take a few minutes to read the ISG Mid-Year Update to learn more about their expectations for the economy, and possible scenarios for the equity and fixed-income markets.
-
June Investment Perspectives
In the latest issue of Investment Perspective, we discuss whether consumers are choosing to save or spend, how the neutral rate of interest serves as a benchmark for investors, and how the cap-weighted S&P 500 compares to equal-weighted.
-
Behavioral Finance and Investment Principles IV
Part 4: Endowment Effect, Sunk-Cost Fallacy, Illusion of Control.
-
Behavioral Finance and Investment Principles III
Part 3: Overconfidence, Anchoring Effect, and Herding.
-
Behavioral Finance and Investment Principles II
Part 2: Familiarity Bias, Framing Bias, and Mental Accounting.
-
Behavioral Finance and Investment Principles I
Part 1: Introduction, Prospect Theory, Loss Aversion, Recency Bias