Despite delivering positive returns, health care underperformed the broad market in the first half of the year. Portfolio Manager Andy Acker explains some of the reasons why – as well as why he is optimistic about the sector’s outlook.
The European Central Bank announced policy changes that suggest easy monetary policy will be in place even longer than expected, another boost to Europe's outlook.
The rise in U.S. COVID-19 variant cases likely will have little economic impact, with help from effective vaccines and economic-friendly public health policies.
Fears of higher inflation ebbed, boosting second quarter returns. The economic recovery, supported by COVID-19 vaccinations and accommodative central banks, backs our positive outlook.
Since February, stocks of higher financial quality — those with stronger profitability, cash flows and balance sheets — have outperformed lower quality stocks by more than 500 basis points.
It’s clients’ perceptions and misperceptions, fears, and phobias, exacerbated by a 24-hour news cycle, that often derail their long-term financial success. Leverage the power of analogy, metaphor, story, and visual illustration to help keep investors “buckled in” to their long-term investment strategy.
U.S. Treasury yields fell slightly last week as attention centered on the risks of another wave of COVID-19 infections. Economic data showed further expansion, albeit at a slower pace.
Broad-based developed market indices were net gainers last week, while the MSCI Emerging Markets index lost over 2%.