After more than a year of political posturing and investor anticipation, Congress finally approved a $1.5 trillion tax cut, the most sweeping U.S. fiscal overhaul since 1986.
Investment Implications of the new Tax Law
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Recent News
Midterms May Mean More Gains for Stocks
With the midterm elections now just two months away and campaigning starting to heat up, we thought we would share our current views on the political landscape and what it may mean for U.S equities.
Lies, Damn Lies, and Charts
A comparison of the S&P 500 Index in 1929 just ahead of the stock market crash to the performance of stocks from 2012 through today has been making the rounds on the internet. The implication by the bears is that stocks are poised for an epic crash. Click here to...
Less Defense?
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...
The Path of Least Resistance
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
QE Forever Weekly Economic Commentary September 17, 2012
The Yield Theme
Bond Market Perspectives August 7, 2012
Mid-Year Outlook 2012
Mid-Year Outlook 2012
Fed FAQ: Fanning the FOMC Flames
Fed FAQ: Fanning the FOMC Flames
2012 Market Outlook
2012 Market Outlook