All Posts Tagged: Euro

U.S. Outlook: Light at the end of the tunnel

Scott Anderson
Chief Economist

The hurricanes put a temporary hold on the labor market expansion for September, but the economic data released this week already point to a solid rebound in economic activity in the fourth quarter.

Graph showing recent rise in S&P 500 stock price indexFactory orders are moving higher, foretelling a solid rebound in U.S. industrial production growth in the months ahead.

For more on this, see highlights of my report below, followed by a link to the full U.S. Outlook, delivered on Oct. 6.

Key observations:

  • The U.S. dollar has weakened about 10% so far this year, making U.S. manufacturing exports more price-competitive in global markets.
  • The ISM manufacturing index hit its highest level since January 2004 in September.
  • The stutter-step we are seeing in the labor market is just a temporary setback that the market and Federal Reserve will largely look past.
  • Don’t be surprised if the hawkish talk from Fed governors continues, and the FOMC goes ahead with another rate hike in December.

Click here to read my full report.

 

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Investment Insights: No summer doldrums for stocks

Wade Balliet
Posted by Wade Balliet
Investment Strategy
rear view of a woman sitting alone in shade under a table umbrella in an empty, sun-drenched urban plaza with a large fountain.

The summer heat and some hot earnings reports seem to be stoking the fire under the stock market.

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Investment Insights: Big deals and bigger risks

Wade Balliet
Posted by Wade Balliet
Investment Strategy
Female grocery employee surveying a large display of different fruits in the grocery store.

Just when investors thought mergers and acquisitions activity may be starting to slow, Amazon surprised markets with a $14 billion bid to buy grocer Whole Foods.

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Investment Insights: Excerpts from our monthly report

Wade Balliet
Posted by Wade Balliet
Investment Strategy
Eurozone flags blowing in the breeze near a government building in Brussels.

The following are excerpts from our February “Investment Insights” report, produced by the Global Investment Management team. For the full report, click here. Market strategy: All aboard! February was a banner month for equity asset classes — as well as some fixed income and alternative assets — despite controversial political headlines continuing to pepper media outlets across […]

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Investment Insights: A bump in the road or a U-turn for globalization?

Wade Balliet
Posted by Wade Balliet
Investment Strategy
Crowded street scene in India as cars wait for pedestrians crossing the street.

With steam gaining from rhetoric based on populism and nationalism, investors are now questioning if globalization has seen a slight setback, or if de-globalization has begun.

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