Why Abandon a Rising Star?
by Pacific Funds,
Many investors allocate their U.S. equity holdings among both large-cap stocks for their relative stability, and small-cap stocks for their expectational upside, which refers to the potential for companies to significantly outperform market expectations over the long term. But what happens to the opportunity offered by small-caps when they become mid-caps?
Market Thoughts for May 2018
Brad McMillan, Commonwealth’s CIO, recaps the market and economic news for April. It was a good month, as both U.S. and developed markets were up. This news was encouraging, indicating that the economy seems to be bouncing back after two down months. In fact, the fundamentals are quite strong, with company earnings surprising to the upside to a degree we have never seen before. Plus, sales beat expectations, which is a positive reflection of the markets and the economy. But will these trends continue? Stay tuned to find out. Follow Brad at blog.commonwealth.com/independent-market-observer.
Market Thoughts for April 2018
Brad McMillan, Commonwealth’s CIO, recaps the market and economic news for March. Last month, both U.S. and international markets saw losses. It was the second down month in a row, something we haven't seen in a while. This was due, in part, to markets becoming uncertain on the news of tariffs on China—which rattled companies around the world. Plus, Fed Chair Powell was seen as more hawkish than expected, introducing uncertainty around interest rates. Despite all this, do the fundamentals remain solid? Stay tuned to find out. Follow Brad at blog.commonwealth.com/independent-market-observer.
Current Fixed Income Concerns
Matt Freund outlines his current fixed income concerns: high debt levels, inflation and non-U.S. developments including global central bank policy and the strength of international markets, and liquidity. To learn more visit: http://bit.ly/AskPM-FI
The Mistake Fixed Income Investors Make
Matt Freund cautions investors not to think about the bond market as one single, monolithic market, but to think about sectors and exposures. Here he explains where the team sees opportunities. To learn more visit: http://bit.ly/AskPM-FI
Fixed Income’s Response to Rising Rates
Matt Freund discusses the misperception that yields along the curve have a similar reaction when rates rise. Since the Fed has begun tightening, the long end of the curve has remained well behaved. To learn more visit: http://bit.ly/AskPM-FI