-
Gregory M. Drahuschak June 24, 2022
In the complex and often confusing investing world, investors seek reference tools to guide them as to what to buy and when to buy it.
-
Michael Halloran June 22, 2022
The S&P 500 Index officially entered bear market territory last week, driven by concerns of slowing economic growth, persistently high inflation, and the Federal Reserve’s (Fed’s) determination to get it under control.
-
Guy LeBas June 15, 2022
The first rate hike of this cycle in March feels awfully far away. After starting moderately, the FOMC today elected to execute the largest rate hike in more than a quarter century on the backs of rising consumer inflation expectations.
-
Mark Luschini June 14, 2022
Of course, investors are paying attention to how their portfolios are responding to inflation and rising interest rates. However, we believe the U.S. economy continues to show positive economic growth—this should allow stock prices to eventually stabilize.
-
Michael Halloran June 14, 2022
Stocks remain under pressure, with concerns centered on stubbornly high inflation. The longer inflation stays high, the more interest rate hikes the Federal Reserve might need to pursue, which could increase the chance of recession and lower corporate profits.
-
Mark Luschini, Guy LeBas and Gregory M. Drahuschak June 7, 2022
Finding direction with manufacturing and services data, fixed income & economic growth, and issues facing stocks this summer.
-
Michael Halloran June 6, 2022
While market concerns remain focused on inflation and recession fears, the incoming data remains consistent with above-trend economic growth, with few odds of a near-term recession.
-
Michael Halloran June 1, 2022
While stocks staged a strong rebound last week, we continue to field concerns about the economy, inflation, and Federal Reserve (Fed) interest rate hikes. We have the following observations regarding these concerns.
-
Michael Halloran May 24, 2022
Stocks remain under pressure, and we see two major causes for this. The first is that valuation is compressing as interest rates move higher. The second is that higher interest rates could ultimately slow the economy to the point of recession, which would result in lower corporate profits. These sources of volatility are discussed below.
-
Michael Halloran May 23, 2022
Stocks remain volatile due to stubbornly high inflation readings that are leading to higher bond yields and Federal Reserve interest rate hikes. In this environment, we are often asked what an investor can do to protect their portfolio’s future purchasing power.
-
Michael Halloran May 20, 2022
This paper reviews the critical aspects of cybersecurity and security spending.
-
Michael Halloran May 17, 2022
Investor concern remains focused on high inflation readings, the Federal Reserve’s pursuit of higher interest rates to slow the economy and combat inflationary pressures, and the risk that this could push the economy into recession. All of this is outweighing the surprising strength of first-quarter earnings results and still positive economic growth indicators. We have the following observations as we continue to stress the importance of sticking with long-term investment plans.
-
Michael Halloran May 10, 2022
Stocks remain volatile with investor concern focused on surging bond yields, Federal Reserve interest rate hikes, and the potential for higher rates to ultimately lead to a significant economic slowdown. These concerns are outweighing still positive economic readings and healthy first-quarter earnings where results are exceeding expectations, which is leading to modest upward revisions for the remainder of 2022.
-
Mark Luschini, Guy LeBas and Gregory M. Drahuschak May 9, 2022
Some things that could go right, a look at TIPS, and stocks and the midterms.
-
Gregory M. Drahuschak May 6, 2022
It feels like it was only yesterday that the equity market was fixated on an election but with midterm primary elections in sight followed by general elections in November, election issues again will command attention as the market tries to assess how the political winds might affect the economy. Stock market weakness in April increased attention on what the impact of the midterm elections might be.
-
Guy LeBas May 4, 2022
A long time ago in an economic galaxy far, far away: The Federal Reserve raised their target for overnight interest rates by 50 basis points in one clip—the first time they’ve done so in decades.
-
Michael Halloran May 3, 2022
Stocks faced another challenging month in April with the S&P 500 Index down 8.7% for the month and down 12.9% for the year. High inflation readings and the amount of Federal Reserve interest rate hikes needed to tame inflation-driving demand remain the major sources of market uncertainty. The Ukraine crisis and China’s COVID lockdowns are also adding to the uncertain outlook.
-
Mark Luschini, Guy LeBas and Gregory M. Drahuschak April 6, 2022
Monthly commentary on timely investment and economic issues by Janney analysts Mark Luschini, Guy LeBas, and Gregory Drahuschak.
-
Guy LeBas March 17, 2022
The Federal Reserve raised its target for overnight interest rates in March 2022, triggering the first rate move since the COVID emergency cuts and the first tightening cycle since the one that began in December 2015.
-
Gregory M. Drahuschak March 17, 2022
Year-to-date by mid-March this year, the S&P 500 was down 11.2%, which was its fifth-worst start to a year. The common belief that when a year starts poorly the full-year result is poor prompted investor concerns. As typically is true in any assessment of how the stock market will react, reaching simplistic conclusions can be dangerous.