Viewpoints

and

Reflections

  • Markets fell late last year, pricing in many potential risks

  • Global equities have started strong this year

  • We continue to be optimistic for three primary reasons: Fed pause, trade resolution, and a strong economy.

In 2018, U.S. equities, as measured by the S&P 500, posted their worst year in a decade. The year was characterized by a return of volatility, marked by several record-setting highs followed by sharp reversals. Desp...

  • U.S. manufacturing plunged in December, causing equity markets to sell off and bond prices to rise.

  • Apple reported big drop in revenues. The company makes up roughly 3% of the S&P 500.

  • We remain cautiously optimistic, as labor markets and the service sector of the economy remains on solid footing. 

 The Institute for Supply Management (ISM) released a report showing U.S. manufacturing slowed in Dece...

  • Equities have sold off as the Federal Reserve hiked rates for the fourth time this year

  • Possible government shutdown looms, but government dysfunction is nothing new.

  • We remain cautiously optimistic. Economic and company fundamentals remain strong

In 2018, tax reform legislation was implemented, corporate earnings grew to nearly 20% and the unemployment rate is near a 50-year low, with more job openings than people looking fo...

  • Global growth concerns sent equity markets down over 3%.

  • The selloff affected bond markets, as investors moved to longer dated Treasurys.

  • We remain cautiously optimistic.

Equity markets are declining sharply ahead of Wednesday’s market holiday to honor the late President George H.W. Bush. Investors are shifting from stocks to longer maturity, safe haven Treasurys. This reallocation has sent bond prices higher, causing bond yi...

Key Takeaways:

  • The Trump administration has imposed its latest round of trade tariffs against China and threatens that more is to come. The U.S. is seeking trade agreements that are ‘fair’ to the United States.

  • German leader Angela Merkel agrees, in principal, with a U.S. plan to eliminate all auto tariffs between the two nations, but believes such a deal must apply to all EU trading partners.

  • Despite escalating trade threats, e...

Key Takeaways:
•     Although 1Q 2018 reported earnings growth has widely exceeded expectations, equity market returns have been subdued, at least until most recently.
•     A technical breakout from the market malaise is appearing, potentially signaling a delayed earnings rally.
•     Inflation prospects have diminished, indicating lower odds that the Fed will aggressively raise interest rates this year. 
...

Key Takeaways:

  •  The level of market volatility in 2017 was abnormally low.

  •  Volatility has increased in 2018, but to a level that is closer to a historically typical year over the past quarter century.

  • Market volatility is likely to escalate as the bull market ages and the Fed normalizes interest rates.

One of the biggest market stories in 2018 has been the return of equity market volatility, which is in stark contrast to the...

Key Takeaways:

·   Stocks weaken due to technology sector, escalating trade war, and breached key technical    levels

·    Still plenty of reasons to be optimistic about equities

·    Be diversified during times of market stress

U.S. stocks opened the second quarter on a weak note, as concerns about the technology sector, a trade war with China and a breached key technical level worried investors...

The Dow Jones Industrial Average fell by over 1% for a third straight day on Thursday, something it has not done in over two years. Markets tumbled after President Trump said the U.S. would impose tariffs of 25% on steel and 10% on aluminum. This decision comes after the Commerce Department released results of a study looking at whether steel and aluminum imports pose a threat to national security. It concluded the imports do undermine natio...

Before leaving for Christmas break, President Trump officially signed the Republican tax bill into law. The last time this country reformed its tax code, shoulder pads were in fashion, Mike Tyson became the youngest Heavyweight Champion in history, the Oprah Winfrey show had just debuted on television, and the movie “Wall Street” had not yet been released. Such sweeping reform obviously included many details and covered many issues. In the f...

Please reload

About Cetera® Investment Management

Cetera Investment Management provides investment expertise in the form of tools and insights that can help your advisor deliver advice that best meets your needs, including:
• In-depth market perspectives
• Timely economic insights
• Asset allocation guidance
• Money manager recommendations
• Model portfolios
• Performance monitoring tools


Learn More
When clicking on the link above you will be redirected to the www.cetera.com website.
About Cetera® Investment Management Cetera Investment Management LLC is an SEC Registered Investment Adviser owned by
Cetera Financial Group®. It provides market perspectives, portfolio guidance and other investment advice to its affiliated broker-dealers, dually registered broker-dealers, and Registered Investment Advisers. For more information, please reference the Cetera Investment Management LLC Form ADV disclosure brochure.

NEWSLETTER SIGN UP

Join our newsletter for market analysis and investment news, event invitations and more.

 

GREENSBORO

301 N. Elm Street, Suite 301

Greensboro, NC 27401

P: 336-274-9403

F: 336-273-0217

DURHAM

3001 Academy Rd., Suite 110

Durham, NC 27707

P: 919-595-0619

  • LinkedIn - Grey Circle
  • Facebook - Grey Circle

Advisory services and securities offered through Cetera Advisor Networks LLC, member FINRA/SIPC,  a broker-dealer & Registered Investment Advisor.  Cetera is under separate ownership from any other named entity. 

Individuals affiliated with Cetera firms are either Registered Representatives who offer only brokerage services and receive transaction-based compensation (commissions), Investment Adviser Representatives who offer only investment advisory services and receive fees based on assets, or both Registered Representatives and Investment Adviser Representatives, who can offer both types of services.

This site is published for residents of the United States only. Registered Representatives of Cetera Advisor Networks LLC may only conduct business with residents of the states and/or jurisdictions in which they are properly registered. Not all of the products and services referenced on this site may be available in every state and through every advisor listed. For additional information please contact the advisor(s) listed on the site, visit the Cetera Advisor Networks LLC site at www.ceteraadvisornetworks.com.