Since the wind-down of the Great Recession in early 2009, the latest economic expansion has certainly delivered the goods and rewarded investors’ mailboxes with six consecutive calendar years of positive gains for stocks.
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Favorable Policy Environment for Stocks in 2015
December 8th Weekly Market Update We expect the policy environment in 2015 to be supportive for stocks. As discussed in our Outlook 2015: In Transit, Republican control of Congress sets up a different policy dynamic in Washington that could have a meaningful impact on...
The Massachusetts Conference for Women
Flagship Private Wealth had the opportunity to spend yesterday with over 10,000 women leaders, entrepreneurs and small business owners at the Massachusetts Conference for Women. The day included hundreds of small businesses, tons of workshops and some incredible...
Can Stocks Deliver the Goods in 2015?
December 1st Weekly Market Update We believe stocks will deliver mid- to high-single-digit returns in 2015, with a focus on earnings over valuations. We believe 3% economic growth, benign global monetary policy, and a more favorable policy climate from Washington...
Emerging Markets Opportunity Still Emerging
November 18th Weekly Market Update The S&P 500 Index hit another set of fresh record highs last week (November 10 – 14, 2014) and has achieved the midpoint of our total return forecast (10 –15%) for the year with a 12% return year to date. While we continue to...
Solid Earnings Season Spelled Out
November 10th Weekly Market Update The market’s focus was clearly on the midterm elections last week (November 3 – 7) with the Republicans taking control of the Senate — as expected — and adding to their majority in the House. While the certainty provided by an...
Corporate Calm
October 27th Weekly Market Update The stock market’s recent gains have gone a long way toward restoring calm in the marketplace. The rebound — 5% off the S&P 500 low on October 15, 2014 — has been driven by a combination of factors, including some better economic...
Oil Hits the Skids
October 20th Weekly Market Update The S&P 500 fell 1% last week (October 13 – 17, 2014) in volatile trading, leading market participants and media pundits to speculate on how far the stock market slide—now just over 6% from the September 18, 2014, closing Weekly...
Pullback Perspective
October 13th Weekly Market Update This latest stock market pullback has provided an unwelcome reminder that stocks do not always go up in a straight line. Even within powerful bull markets such as this one, pullbacks of 5 – 10% have been quite common and do not mean...
Grading on a Curve (the Yield Curve, That Is)
September 29th Weekly Market Update Kids are back in school and have started taking tests. Some of those tests are graded on a curve, meaning that students are graded based on their score relative to the rest of the class. In terms of stock market indicators, one that...