This bulletin recaps the second quarter earnings season and discusses the outlook for earnings for the rest of 2016.
While increased volatility may be on the horizon, strong earnings growth will prevent minor pullbacks from becoming more severe and will support a continued rise in U.S. equity markets in the face of rising rates.
1Q18 earnings update: A tailwind from taxes
Now is an opportune time for investors to reassess whether passive bond investing can deliver on their fixed income allocation objectives.
Explore this month’s report where we see the highest funded status level achieved since December 2012.
Political uncertainty has led to low expectations that policy initiatives would see much progress before year-end.
PG&E (ticker: PCG) filed for bankruptcy - surprisingly the issuer was within the A or better rated pension liability discount rate universe within the prior 12 months.
A breakdown of what you need to watch this month as you consider investment implications for your pension plan.
Due to a 30 bps decrease in discount rates, funded status fell 1.3% this month from 90.4% to 89.1%
Equities continue to look attractive relative to fixed income, and could very well move higher in the short-term given firmer economic data and a Fed on hold.