• Delayed not derailed

    In our outlook for 2020, we postulated a pro-growth, pro-cyclical stance was warranted, given the underlying strength of the U.S. economy and the burgeoning signs of a rebound in growth abroad that would provide a favorable setting for risk assets.

  • We expect global economic activity to rebound once Coronavirus subsides

    Market volatility has increased with the incoming economic data showing a significant disruption from the coronavirus outbreak, especially in China.

  • Bank & Thrift Newsletter

    1. Bank, Thrift & MHC Summary Valuation, 2. Recent Bank M&A Transactions, 3. Relevant Janney Capital Markets Professionals

  • Top 10 trends in community banks

    Janney’s Financial Institutions Group (FIG) hosted nearly 100 public and private banks nationwide at the 25th West Coast Bank CEO Forum on January 29–30 in Phoenix, Arizona.

  • Too much of a good thing - or is it just normal?

    The cliché that a rising tide lifts all ships points out that in a bull market most stocks move up. Multiple times in the past 40 years, however, the market tide allowed some stocks to rise much more than others.

  • The role of fixed income in a diversified portfolio

    Fixed income assets can provide crucial benefits to investment portfolios. While income generation is important, holding bonds also helps reduce overall portfolio risk and opens up opportunities for reallocation if equity markets falter.

  • Despite near-term Coronavirus uncertainty, stocks anticipate global improvement

    Stocks moved to fresh all-time highs last week, supported by positive earnings and signs of stabilization in the ongoing coronavirus outbreak.

  • Shifting tides: The only constant is change

    In order of importance, the direction of the overall market, sector selection, and individual stock choices determine equity market portfolio returns.

  • Another Goldilocks labor market report suggests a longer economic expansion

    Stocks reached record highs last week, reflecting healthy fundamentals and looking through the near-term impact of the coronavirus outbreak.

  • Bank & Thrift Newsletter

    1. Bank, Thrift & MHC Summary Valuation, 2. Recent Bank M&A Transactions, 3. Relevant Janney Capital Markets Professionals

  • Positive monetary impulse, issues facing fixed income, and the stock detour

    Financial markets take their cue from dovish guidance, strong muni performance, and the election's impact on the market are included in this month's Investment Perspectives.

  • Investors urged to stay the course

    The Wall Street adage, "stocks take the escalator up and an elevator down," pertains to the market tendency to rally along a shallower glide path than it does when some unwelcome news hits the tape and it typically turns into a swift selloff.

  • Coronavirus volatility should be transitory due to healthy underlying fundamentals

    Stocks fell last week in response to the economic uncertainty created by the coronavirus outbreak.

  • Election 2020: Impeachments and the market

    The impeachment trial of U.S. President Donald Trump has captured the world’s attention. Investors, in particular, are interested in the effect the current proceedings will have on the equity market. This report will focus on the economic circumstances that surrounded past impeachments and show that what appears to matter more to the markets is the state of the underlying economy.

  • Tinkering around the edges

    The Federal Reserve Open Market Committee (FOMC) once again held their target for overnight interest rates unchanged in the month of January, the second-consecutive pause decision following a round of three insurance rate cuts in 2019.

  • Election 2020: The road to 1600 Pennsylvania Avenue

    Presidential election years attract investors’ attention because of the belief that the election process and outcome can influence the equity market. However, it is worth considering the impact the economy has on elections.

  • We are encouraged by the improving global backdrop, despite Coronavirus fears

    Stocks are under near-term pressure due to fears that the coronavirus will disrupt the improving global economy.

  • Coronavirus impact on stocks likely short-term

    For the 11th time in the past 50 years, global equity markets paused to assess a developing health concern. The spread of the latest coronavirus strain rekindled memories of the severe acute respiratory syndrome (SARS) and the Middle East respiratory syndrome coronavirus (MERS) that also prompted global health and economic concerns.

  • U.S. consumer remains healthy and confident while global backdrop stabilizes

    Stocks reached new record highs again last week with two major steps taken toward cooling trade war tensions and reducing economic uncertainty.

  • The income conundrum

    Following the peak in 1981, interest rates experienced a 39-year decline. A 2% yield on Treasury notes or bonds now is not achievable without going out to the 30-year Treasury bond, and the yield on the S&P 500 is approximately 1.8%.

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/