We believe defense spending, after a rebound in the first quarter of 2013 on the heels of the big drop in the fourth quarter of 2012, is likely to be flat in 2013. If Congress can agree to substantial cuts in defense spending as part of an overall budget deal (an...
In 2013, many different forces will combine to influence the direction of the markets to follow the path of least resistance leading to modest single-digit returns in the U.S. stock and bond markets.* Click here to learn more.
QE Forever Weekly Economic Commentary September 17, 2012
Bond Market Perspectives August 7, 2012
Mid-Year Outlook 2012