The Global Markets Channel

S&P 500 Snapshot: Just Off All Time High

The S&P 500 ended the week a fraction of a percent off the all-time high. The index spent most of the week around its last all-time high, began to fall on Wednesday, and bounced back on Friday. It is up 0.96% from yesterday, up 0.2% from last week, and up 17.50% YTD.

ECRI Weekly Leading Index Update: WLI YoY 24 Weeks Negative

This morning's release of the publicly available data from ECRI puts its Weekly Leading Index (WLI) at 146.4, down 0.5 from the previous week. Year-over-year the four-week moving average of the indicator is now at -0.87%, down from last week. The WLI Growth indicator is now at 1.12, also down from the previous week.

Indonesia's Election Outcome Removes Overhang for Equities

With Jokowi appearing set to retain power, equity flows should improve and indications are positive for economic reforms as political uncertainty is dispelled.

4 Transportation Sector Research Candidates: Do You Dare Have Your Money Travel With These Stocks?

As a rule, I have never been very fascinated by the Transportation Sector. This is especially true regarding airlines and air transport companies. Nevertheless, there are two airlines and two air freight carriers in the Transportation Sector that I felt comfortable featuring in this article.

Weekly Headings

On the back of 1Q19 solid earnings results and healthy economic data releases, the S&P 500 continued its remarkable move higher this week and closed at a record high (2,933) for the first time since September 2018.

Building Unlisted Infrastructure into Your Portfolio – Overcoming Four Key Obstacles.

Does exposure to unlisted infrastructure benefit the average portfolio?

The Answer Is Blowing in Brazil's Wind

Renewable energy production in Latin America has grown dramatically over the last decade. The use of green technology like wind turbines and solar arrays continues to expand, as countries like Brazil seek to improve energy security and lower carbon emissions.

Three Things Driving Oil Prices This Week

The big energy news this week is that President Donald Trump moved to end all sanction waivers for nations that import Iranian oil. In response, Brent crude oil hit $75 per barrel for the first time in six months this past week.

Negotiation and Ratification: Hurdles Remain for China Talks and the USMCA

We expect the USMCA to be ratified eventually. But it could take longer than anticipated, and the political environment across North America creates substantial uncertainty.

Equity Revival or Economic Slowdown

Is the stock market correct in its optimism that monetary normalization is over and equities have more runway in 2019?

Weekly Headings

Emerging markets, particularly in Asia, remain one of our favored regions for several reasons including...

Climate-Proofing an Equity Portfolio

From rising sea levels to catastrophic weather events, investors can’t afford to ignore the risks of climate change. Since many companies would be vulnerable if current climate forecasts materialize, asset managers may want to consider climate change in their equity research process and engage management teams on the subject.

Sifting through the Clutter

We all complain that so much is happening so fast these days it’s hard to keep up. The plethora of events that could have a negative impact on the financial markets is being ignored in the United States, however, and investors seem to be assuming that everything going on will somehow be resolved favorably.

Auto Sales Aren’t Nearly As Strong As Reported

The previous recessionary warnings from autos was dismissed until far too late. It is likely not a good idea to dismiss it this time.

The Hunger for Muni Bonds (And Gold!) Is Real

Tax-free muni bonds saw $8.8 billion in inflows in the first quarter, beating U.S. equity funds and international equity funds. Investors were seeking stability as well as a strategy to counteract the changes to the tax code.