COMPASS CHANGES Upgraded precious metals view to neutral from negative/neutral. INVESTMENT TAKEAWAYS Expectations for solid but slower growth in the U.S. economy and corporate profits support our year-end 2019 fair value target for the S&P 500 of 3000.* We...
COMPASS CHANGES No changes. INVESTMENT TAKEAWAYS Expectations for solid but slower growth in the U.S. economy and corporate profits support our forecast of 8–10% returns for the S&P 500 Index in 2019*. We maintain our slight preference for value due to attractive...
COMPASS CHANGES Downgraded small growth from neutral to negative/neutral. Downgraded small value from neutral/positive to neutral. Upgraded large growth from negative/neutral to neutral. Downgraded hedged foreign bonds from neutral to negative/neutral. INVESTMENT...
Compass Changes Downgrading view of small and mid cap growth from neutral/positive to neutral. Our Communication Services view is neutral, compared with prior telecom view of negative/neutral. Upgrading our view of investment-grade corporates from neutral to...
COMPASS CHANGES No changes. INVESTMENT TAKEAWAYS We expect double-digit S&P 500 returns in 2018 (including dividends), driven by earnings growth potentially in the mid-to-high teens in 2018 thanks to a combination of steady economic growth, better corporate...
COMPASS CHANGES No changes. INVESTMENT TAKEAWAYS We expect double-digit S&P 500 returns in 2018 (including dividends), driven by earnings growth potentially in the mid-to-high teens in 2018 thanks to a combination of steady economic growth, better corporate...
