It’s been over a decade since the S&P 500 Index bottomed at an intraday level of 666 on March 6th, 2009. It took four years from this bottom for the index to breach the high-water closing mark of 1,515 that it set in December 2007, and U.S. equities have rallied an eye-popping 318% (albeit with … Read more
Many economists expect a slowdown in U.S. growth during 2019. The FOMC projected 2.3% growth for the year back in December, which is a reduction from the 3% growth observed in 2018. Meanwhile, Wall Street analysts have lowered their earnings estimates. According to FactSet, analysts are projecting earnings growth to be 4.5% this year, much … Read more
The US equity market rebounded from December’s selloff, marking the best January in thirty years and the best monthly return since October 2015. More dovish Fed talk, solid economic data and better-than-expected earnings drove the market optimism despite uncertainties about the trade talks with China and slower global economic growth. The Federal Reserve decided to … Read more
The US equity market had the worst December since 1931. Uncertainties about the trade war, fears of slow global economic growth, unexpected hawkish Fed statements and a partial government shutdown unsettled investors’ appetite for risk. Investors rushed to safe assets. International stocks struggled as well. In its December meeting, the Fed raised interest rates by … Read more
Despite the heightened volatility, equity markets ended November with a positive tone. Hope for the ease of trade tensions, more dovish view from the Fed and unsurprising mid-term election results all lifted the investors’ sentiments in the US. Globally, positive developments in easing trade tensions helped rally the EM equities, but uncertainties surrounding Brexit created … Read more
BOSTON, MA – November 19, 2018 – Julex Capital Management, LLC., announced today that its Dynamic Sector, Dynamic Income and Dynamic Developed Market strategies were awarded “Top Guns” designations by Informa Investment Solutions’ PSN manager database, North America’s longest running database of investment managers, for Q3 2018. JULEX DYNAMIC SECTOR Informa Investment Solution’s PSN … Read more
The equity markets had a tough month in October. Several factors were blamed for the selloff. Quick interest rate increase. The U.S. 10-year government bond yield surged to 3.25%, in early October, the highest since 2011. Higher interest rates could potentially have negative effects on growth and valuation, hurting the high fliers like growth/tech companies … Read more
Since Trump started the trade war with China at the beginning of 2018, the stock market performance has diverged significantly between the US and emerging market countries. Year to date as of October 22nd, S&P 500 Index ETF (SPY) rose 4.7%, but the MSCI Emerging Market Index ETF (EEM) tumbled by 14.2% (see Figure 1). However, the underperformance of … Read more