In the last few days, the powerful rotation from growth stocks to value stocks, highlighted in our colleague Alex Harding’s article last week, continued.
Faster Growth, Slower Inflation
Ten Years After
As investors turn their calendars to 2020, we reflect on the previous decade in this holiday-shortened trading week.
Runnin' Down a Dream (of Tax Reform)
After eight consecutive days of positive returns, U.S. equities closed slightly lower Friday and finished the week up 1.10 percent. Emerging markets, up 2.75 percent, extended the lead as the best performing asset class of 2017 with a total return greater than 30 percent.
The Contagion of Scary Clowns
Mixed economic data led to weaker stock markets around the world this week. U.S. equities were down around less than 1 percent, while international benchmarks were modestly negative as well. One would expect with negative equity markets that interest rates would have dropped as well, but