• Beware of dividends that look too good to be true

    A fundamental tenant of equity income investing is the sustainability of the dividend. A firm must generate sustainable earnings in order to pay a sustainable dividend. Often, a high dividend yield may look very enticing when actually it’s a sign that earnings, and consequently, dividends are about to be cut. This high yield distress signal occurs when the firm’s economic fundamentals are deteriorating.

  • Coronavirus market volatility update

    In lieu of our usual Weekly Bulletin, we are publishing special reports to discuss the market reaction to evolving news on the coronavirus outbreak. We would stress the following points as developments continue to unfold.

  • Details of the CARES Act Stimulus Program

    In response to the coronavirus economic shock, Congress just passed and we expect President Trump to sign into law, a massive, unprecedented economic stimulus package designed to bridge the economy through this extraordinary period.

  • Massive government stimulus package to bridge the economy

    In response to the coronavirus economic shock, the Senate and White House have agreed to a massive, unprecedented economic stimulus package designed to bridge the economy through this extraordinary period. This plan will be helpful to shallow the economic damage that has already been incurred, and will likely continue to be inflicted, until the outbreak subsides. While some details could change before final approval, major provisions included in the $2 trillion package are discussed below.

  • Podcast: Indicators for Market Stability and Economic Recovery

    Janney's analysts discuss the market and the consequences of coronavirus.

  • Coronavirus market volatility update

    In lieu of our usual Weekly Bulletin, we are publishing special reports to discuss the market reaction to evolving news on the coronavirus outbreak. We would stress the following points as developments continue to unfold.

  • Stocks uncertainty offers chance to review portfolio

    Rebalancing is a useful process at any point in a market cycle. While the market is rising, gradually adjusting the equity to fixed income or cash allocation can leave a portfolio less exposed to adverse events. There is a practical way to assess individual stocks that can lead to rebalancing while determining the worthiness of each portfolio member.

  • Municipal bonds during the COVID-19 crisis

    Financial markets have, in the past four weeks, experienced extreme volatility and in many cases losses. While the depth of the value declines in many markets were worse during the Global Financial Crisis more than a decade ago, the pace of value declines has been far steeper with the COVID-19 Crisis.

  • The road to 1600 Pennsylvania Avenue: Primaries put focus back on elections

    The second in a series about the presidential election. The first report in this series was published in January.

  • A year within a day for fixed income markets

    Financial markets are not broken.

  • Podcast: Coronavirus’ impact on equity and fixed income markets

    Janney's analysts discuss the global pandemic's impact on the economy.

  • Podcast: Coronavirus’ impact on equity and fixed income markets

    Janney's analysts discuss the global pandemic's impact on the economy.

  • Control what you can control

    A noted psychologist and professor at Princeton University, Daniel Kahneman, talked of having a “well-calibrated sense of your future regret.”

  • Frenzied trading continues

    The equity market yesterday began with pre-opening futures down the limit, as circuit breakers were implemented at the opening, which required a 15- minute trading halt.

  • Coronavirus market volatility update

    In lieu of our usual Weekly Bulletin, we are publishing this special report to discuss the market reaction to evolving news on the coronavirus outbreak. We would stress the following points.

  • Stressed out

    Numerous press headlines compared the infamous October 19, 1987, market crash with the March 12, 2020, drop of 2,352.60 in the Dow Jones Industrial Average (9.99%) and the 9.51% drop in the S&P 500. The stories were factually accurate by pointing out that the March 12 drop was the largest since “Black Monday” 1987, but they largely failed to consider what happened afterwards.

  • Forget the bazooka: Fed pulls out a nuke

    Former U.S. Treasury Secretary Hank Paulson, in the early phases of the financial crisis, described the Troubled Asset Relief Program (TARP) as a policy “bazooka” that the Treasury Department wanted just in case.

  • Fixed income market dysfunction

    Market conditions are evolving rapidly, but we will try to unpack some of the factors involved.

  • The death of equities redux

    Events over many years have arisen that appeared to threaten what had been an inexorable rise in the U.S. stock market. Selling stocks on fear of these events typically proved to be a major mistake.

  • Opportunity on the horizon

    Analyst Greg Drahuschak explains that despite recent market turmoil, the equity market is at a level that offers significant opportunities.

For more information about Janney, please see Janney’s Relationship Summary (Form CRS) on www.janney.com/crs which details all material facts about the scope and terms of our relationship with you and any potential conflicts of interest.

To learn about the professional background, business practices, and conduct of FINRA member firms or their financial professionals, visit FINRA’s BrokerCheck website: http://brokercheck.finra.org/