An update from the front lines of the Trade War, with a focus on implications for investors
Michael Cembalest analyzes the performance of over 6,700 domestic and international active equity managers, and discusses the challenges they face outperforming at a time of markets distorted by quantitative easing.
Michael discusses how short covering, rather than real money, has driven the fastest recovery on record following a bear market, and looks ahead at slowing earnings growth.
EURUSD should be rangebound
This research examines the evolution of baby boomer balance sheets and attempts to assess and quantify its implications for markets and investors.
Eye on the Market: The Verdict
Despite attractive valuations, emerging market equities have underperformed. Things are improving, but a headwind looms: monetary policy
This bulletin, written by Dr. David Kelly, addresses the Federal Open Market Committee meeting announcement on September 17.
The food fight between the President and the Fed Chair could result in too much easing, and the expansion of valuations beyond sustainable levels. The other food fight: leveraged loan issuers vs buyers. Issuers are winning this fight hands down due.
Armageddonists and the portfolio cost of fear, 2010-2019