KEY TAKEAWAYS We expect roughly flat earnings for the first quarter, putting the seven-quarter streak of growth in jeopardy The picture seems quite a bit better when looking beyond the first quarter, which we see as a trough in growth. We expect enough economic growth...
KEY TAKEAWAYS Following last week’s rejection of Theresa May’s Brexit plan, we discuss what’s next for the United Kingdom and possible market implications. We maintain a cautious tactical view on European equities, given lackluster economic growth, increased political...
KEY TAKEAWAYS S&P 500 earnings growth will slow in the fourth quarter but is still expected to be strong. U.S. economic growth, tax cuts, higher oil prices, and corporate stock buybacks are among the positive drivers. However, earnings may be capped by trade...
For Eight days at the end of September, my wife, Joni and I traveled to Rome and Cinque Terre. The week was glorious– the food, the wine, the people, even the weather. Walking through the streets of Rome, through museums and churches, The Vatican, the varied...
