Category: Research Publications

“In anticipation of a large tax reform deal that has powered equity markets higher, the Treasury market has been oddly quiet. “

“The bull market continues to march higher.”

“In 2017, the Fed hit its mark for the expected number of rate hikes after missing by a wide margin in the prior two years.”

“ƒIncreased stocks view from neutral to neutral/positive. Lowered bond view from neutral to neutral/negative. Increased large value view to neutral/positive. Lowered large growth view to neutral/negative. Lowered Treasuries view to neutral/negative.”

“We expect the fixed income market to be under pressure in the coming year.”

“Several economic surprise indexes hit multi-year highs in November.”

“Companies remained generally upbeat during the third quarter earnings season, based on the LPL Research Corporate Beige Book Barometer.”

“Economic reports released in November 2017, which mostly reflect economic activity in October, largely exceeded economists’ consensus expectations with several very strong reports pointing to potential acceleration.”

“We expect the fixed income market to be under pressure in the coming year.”

“We look for the global economy to expand at a healthy rate of 3.7% in 2018.”