All Market Views by Stephen Auth

Secular Bull Update: Where next? 
Mar. 15, 2017 :: Stephen Auth
This secular bull could get us to 3,000, possibly in 2019.
Market Memo: Firmly in the 'buy the dips' mode 
Feb. 13, 2017 :: Stephen Auth
A pullback may be in the offing but that's just a chance to add to equities in a market that has strong upside underpinnings.
Q&A: Market set to climb a 'Wall of Hope' this year and next 
Jan. 18, 2017 :: Stephen Auth
The reasons for Federated's 2,500 target on the S&P 500 by year-end 2018 are fundamental and structural.
2017 Outlook: Wall of Hope 
Dec. 16, 2016 :: Stephen Auth
The 'Wall of Worry' is giving way to a 'Wall of Hope' on expectations for transformational changes under Trump.
Video: What's next for the Federal Reserve? 
Dec. 6, 2016 :: Stephen Auth
CIO for Global Equities, Steve Auth discusses the possibility of a more hawkish Federal Reserve, implications for investors and thoughts on navigating inevitable volatility.
Video: What a Trump administration means for the stock market 
Dec. 6, 2016 :: Stephen Auth
CIO for Global Equities, Steve Auth explains his more bullish outlook for U.S. equities based on likely policies and priorities of the new administration as well his views on international markets.
Market Memo: Back to the secular bull; adding to equities 
Nov. 10, 2016 :: Stephen Auth
Republican sweep sets the stage for policies that are constructive for equities.
Election Special: It's the hard place 
Nov. 9, 2016 :: Stephen Auth
Trump's surprise win initially will drive a risk-off trade, but longer-term, it may present opportunities for long-term investors.
Market Memo: Between a rock and a hard place 
Nov. 2, 2016 :: Stephen Auth
Election uncertainty is only one of many near-term headwinds that argue for caution in this market.
Market Memo: The long-awaited downside move may be at hand 
Sept. 15, 2016 :: Stephen Auth
Near-term risks could give us a correction heading into fall, but longer-term, this could create attractive buying opportunities for patient investors.
Secular Bull Update: Still near-term cautious but 2,500 remains in the wings 
Aug. 25, 2016 :: Stephen Auth
There are some issues that could stall or pare gains between now and year-end. But the longer-term outlook is still very bullish.
Video: A 'Five Ones World' 
Aug. 12, 2016 :: Stephen Auth
Chief Investment Officer for Global Equities Steve Auth says uncertainty and headwinds could lead to euro-dollar-pound parity, 1% 10-year yield and a Fed that is one and done.
Market Memo: 'A Five Ones World' 
Jul. 8, 2016 :: Stephen Auth
Uncertainty and headwinds could lead to euro-dollar-pound parity, 1% 10-year yield and a Fed that is one and done. Caution remains the word of the day.
Market Memo: Thunder in those clouds; staying in the barn for now 
Jun. 24, 2016 :: Stephen Auth
More rain will follow; we are maintaining our cautious stance.
Market Memo: Recent trip to Europe confirms 'cloudy with a chance of sun' forecast 
Jun. 14, 2016 :: Stephen Auth
Observations while in Europe reaffirm Federated's cautious stance.
Market Memo: Cloudy with a chance of rain (or sun) 
May 24, 2016 :: Stephen F Auth
As it awaits clearer skies on cloudy issues, Federated continues to hold off on adding to equities in its stock-bond portfolio model.
Market Memo: The yellow flag's still out on stocks 
Apr. 22, 2016 :: Stephen F Auth
The impressive late-winter/early-spring equity rally aside, several outstanding issues could prompt a summer swoon. As a result, we recommend avoiding aggressive buying at this time.