Podcast: Episode 5 – Rick D’Amico Changing Fed Policy Expectations Subscribe on Apple Podcast, Sticher, Google Play. Slidecast: Click the image above for a new and improved version of the slidecast (audio and visual) with key points, charts and pictures.
The yield curve has inverted for the first time since 2007 – So what? Now what? In this Fairport Flash Katie Sheehan, Manager of Investments, takes a step back and defines and discusses the three main factors that the Investment Team considers when determining investment strategy – spread of the U.S. Treasury yield curve, economic […]
John Silvis, Chief Investment Officer, shares Fairport’s 2019 outlook: continued volatility, positive returns for U.S. equities, no recession, attractive valuations and shift in monetary policy.
Through the first nine months of this year, U.S. equities delivered solid returns and far outpaced other asset classes—notably, bonds and international equities. Thinking back to our last two conversations, we’ve been saying that a pullback of U.S. equities, like what we’ve seen in October, would not be unexpected. Much of the explanation for this […]
U.S. growth is strong, equity markets are still responding and historically tend to do well into mid-term elections. But the downside risks to growth are stacking up, including higher short-term interest rates and the “three T’s” – President Trump, trade policy and tariffs. What’s in store for investors as we head into August?
A lot has unfolded that we weren’t necessarily talking about back in January. We were quite positive at that time – pointing out accelerating global growth, strong S&P earnings, moderate inflation and global central banks still running stimulative monetary policies. Yet sitting here in April, volatility has reemerged, there’s a trade war brewing and the […]
As we had expected, 2017 turned out to be a very positive year for the financial markets. We experienced what has been described as a period of “synchronized global growth.” This has resulted in positive returns in all of the major asset classes and double digit returns in all of the major equity classes. Europe […]
It has been a really good year for the financial markets. We are now in the fourth quarter and the Dow and S&P 500 have both hit historic highs. For the equity markets we are now in a period referred to as “global synchronization” in which equities are performing well, not just in the U.S., […]
The first half of 2017 got off to a pretty good start by any measure. Global equity markets were overwhelmingly positive. International equity markets were actually leading domestic markets with emerging markets up about almost 19% and developed markets up a little over 14%. So international basically led the U.S. and the U.S. had a […]
Overall equities got off to a pretty fast start in the first quarter. The MSCI ACWI Index, the All Country World Index, which we follow as our equity benchmark finished just shy of 7% for the quarter. Overall international equities beat domestic equities which hasn’t been the case for the last couple years. I don’t […]
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