George Hosfield, CFA, discusses Ferguson Wellman's quarterly strategy titled, "Inflation's Flame Flickers," which addresses the narrow market leadership, the impact of higher interest rates on inflation and how assets are priced at this stage of the economic cycle.
George Hosfield, CFA, discusses the firm's quarterly strategy titled "Stalemate," which highlights the Fed's ongoing battle to tame inflation along with our views on the health of the banking industry and capital market expectations for the balance of the year.
Director and Chief Investment Officer George Hosfield, CFA, discusses the Fed raising interest rates, peaking inflation and our view on equities and volatility across all asset classes in our Investment Strategy titled, “Balancing Act.”
Over the last 18 months we have seen the tale of two markets. Looking at returns through June, large-cap growth stocks have driven returns resulting in the S&P 500 returning just under 17%. However, a slice of the market which is lagging meaningfully is dividend-paying stocks. Looking at a basket of dividend ETFs through June, returns are a paltry -2%.
