Not a day goes by without hearing what appears to be the predominant question for investors, namely, When will stocks come back down to earth? Variants of that query include, Isn’t this bull market getting long in the tooth? And, stocks go up and up, so we must be on the verge of a selloff, right?
Read moreGold's Fourth Winning Week
Erin Gibbs, S&P Global, and Zachary Karabell, Envestnet, discuss the run in gold with Brian Sullivan.
Stocks Stage Steep Comeback
Where’s the market headed next? Matt Maley of Miller Tabak and Zachary Karabell of Envestnet discuss with Brian Sullivan.
Read moreTrading Nation: More Market Downside Ahead?
Craig Johnson, Piper Jaffray Senior Technical Strategist, and Zachary Karabell, Envestnet Head of Global Strategy, discuss their outlooks for the S&P 500 under the shadow of the Fed with Melissa Lee.
Read moreProfit Recession Ending?
Allen Bond, co-portfolio manager at Jensen Quality Growth Fund, and Zachary Karabell, head of global strategy for Envestnet, discuss whether or not they expect improvement in earnings this year, and where.
Read moreThe Envestnet Edge, July/August 2016
The Envestnet Edge for July/August 2016
Read moreThe Envestnet Edge, May 2016
The Envestnet Edge from May 2016
Read moreWhy Trump, Hillary Will Not Take Down the Market
In this election cycle, will investors be winners or losers? Let’s just get this out of the way: the bulk of this year will be consumed by election noise. There is no way around that. That noise, in turn, will drive out other stories, unless there is a major disruptive event (a terrorist attack, such as the recent one in Brussels, a natural disaster, unexpected political upheaval in the world, or expectations of a possible Brexit coming to fruition). That noise also will subtly influence investors’ behavior, or at least how they view the world. There is no way to avoid that.
Read moreIn a Low-Growth World, Forget About 10% Returns
Step away from the intense bouts of volatility that recently have characterized financial markets, and an important trend emerges that is unsettling investors large and small. With few exceptions, investments simply are not generating the average annual returns that they’ve come to expect.
Read moreRelax, Folks. We’re in a Normal Correction.
In case you have been otherwise engaged, it will not come as news that this has been a month marked by market turmoil. As far too many commentators and analysts have emphasized, the first two weeks of the year marked the worst start for U.S. equity markets ever. The Standard & Poor’s 500 was down 8% in the first 10 days of trading.
Read moreAn Economy of Chicken Littles
The “nattering nabobs of negativism” (a phrase we have to thank Spiro Agnew for, via William Safire) are out in full force again in the financial and pundit world. While there was only occasional mention of the economy during the Republican debate last week, both the GOP contenders and market mavens seem to agree that the world is going to hell. They have different reasons: The Republicans think the world has become dangerously unstable and that Obama is a cause. Investors, who have pushed global financial markets sharply lower (the S&P 500 is now down almost 10 percent since January 1) to the worst start to a year ever, see the root cause as heedless central banks, a U.S. economy grinding to a halt, and a collapsing debt-laden China.
Read moreThe Envestnet Edge, September 2015
The Envestnet Edge from September 2015
Read moreThe Virtues of This Boring U.S. Stock Market
So here we are, more than halfway through the year, and although there has been no dearth of daily news, it’s been remarkably static for many investments, particularly U.S. equities. Some sectors — energy and commodities above all — have been spectacularly weak as the global economy continues to adjust to massive supply and demand shifts, especially lower demand from China. A few sectors, notably technology, have done quite well, with several technology indexes up close to 10% year-to-date. But in aggregate, U.S equities have had one of their least volatile and least interesting six month periods in a very long while.
Read moreStocks Rebound; Pros Pick Stocks
Discussing stock picks right now, with Zachary Karabell, Envestnet, and Jason Lilly, Rockland Trust.
Read moreIs 2015 Really the Year for Foreign Stocks?
Famed Nobel Laureate Robert Shiller made some waves recently when he suggested that he might sell his holdings of U.S. stocks and instead buy European equities. The reason? “Europe is so much cheaper.”
Read moreWhat Should Investors Expect in 2015?
‘Tis the season for looks back and looks forward. The financial world will be replete with such missives in the weeks to come, and that is actually all for the best. Given the fluid nature of money and planning and investing, regular assessments of what worked and what didn’t, how the year played out versus expectations, and what might lie just ahead, are vital. While it is true that forecasts about the future usually say more about present sentiment, thinking ahead does provide a framework for assessing likely risks and potential opportunities.
Read moreDon’t Fight Powerful Stock-Market Trends
Unless you have been living under a proverbial rock for the past few weeks (though unlikely if you are reading this), you know that the midterm elections in the United States saw a Republican sweep, with enough senatorial seats gained to take control of the Senate, more seats added to their majority in the House, and a few extra governorships picked up along the way.
Read moreAmericans’ Outlook on the Economy Just Doesn’t Square With the Facts
Six years after the beginning of the financial crisis of 2008–2009, the best that can be said about the public mood in the United States is that people are no longer catastrophically pessimistic. Instead, they are deeply pessimistic.
Read moreIn Looking at Stocks, Valuation Is Overvalued
Barely a day goes by of late without someone in the financial media announcing that equities are overvalued and primed for a fall. The most popular article on one of the most popular financial websites recently blared "U.S. stocks will be very disappointing for 10 years." The argument? That on multiple gauges, the current valuation of the market is higher than it was during the vast majority of market peaks in the past.
Read moreEasy Money
In the past few months, stock markets around the world have continued to rally modestly while bond yields around the world have continued their quiet decline. This is not what most expected, especially after December, when the Federal Reserve began paring back its hypereasy money policy of “quantitative easing.”
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