Creative Thinking. Customized Solutions.
Caring about you since 1932.

Market Outlook Q2 2015: Volatility and Surprising Countertrend Movements

In this quarter’s End of Q2 Economic Outlook you will find:

  • Investors were caught up in a whirlwind, which included both volatility and surprising countertrend movements — ranging from German bunds to Chinese equities, currencies to the price of oil.
  • The relative resiliency of eurozone equities in the face of the bond-market decline has a simple explanation: The regional economy is starting to improve, albeit in a slow and halting fashion.
  • Our equity investment managers generally remain pro-cyclical; momentum appears expensive in the U.S, but competitively valued overseas. Larger Asian economies look favorable, while energy-sector reverberations continue to be responsible for many global pressures and opportunities. Investors in emerging markets will need to continue playing country-, sector- and company-specific opportunities, as opposed to riding a general wave of prosperity and growth. Fixed-income managers have noted liquidity concerns that are largely unrealized. Duration is modestly short, and the U.S dollar’s ascent is expected to continue.

Visit our Wealth Management page and learn more about how our team of professional advisors can assist you in building or managing your portfolio.

If you would like to read an extended version of the Q2 Economic Outlook, please click here.

Share this postShare on Facebook0Tweet about this on TwitterShare on LinkedIn0Pin on Pinterest0Share on Google+0