Market Views

Equity

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Format(s)			Title, Date, Author, Description
			Orlando's Outlook: Washington's three-ring circus May 24, 2013 :: Philip J. Orlando Despite facing policy and political headwinds, the market keeps grinding higher
			Weekly Update: The turtle with the fat wallet May 24, 2013 :: Linda A. Duessel Maybe it will be a sideways market this summer
			Orlando's Outlook: Consumer not dead yet May 17, 2013 :: Philip J. Orlando Data this week show shoppers are feeling better and spending more
			Weekly Update: It's a 'My Cousin Vinny' market May 17, 2013 :: Linda A. Duessel Much of the evidence suggests a melt-up may be underway
			Orlando's Outlook: Apple bond deal indicative of corporate tax-policy madness May 10, 2013 :: Philip J. Orlando Apple hits up the debt market to raise money it can't get from overseas without paying hefty tax
			Weekly Update: Congratulations! May 10, 2013 :: Linda A. Duessel What's to stop the market rally? Not the millennial generation as its starts to make its mark
			Orlando's Outlook: April jobs report surprisingly strong May 3, 2013 :: Philip J. Orlando Private payrolls rise with big February revisions, jobless rate falls for the right reasons
			Market Memo: Bears in bull clothing finally capitulate May 3, 2013 :: Stephen F. Auth This melt-up should take us to 1,660 on the year as investors rotate into cyclical sectors
			Weekly Update: The most beautiful wall of worry has May flowers on it May 3, 2013 :: Linda A. Duessel Pity the bears. They keep waiting for a pullback to get in and it has yet to come
			Don't Fight the Fed May 1, 2013 :: Philip J. Orlando How is U.S. fiscal policy impacting the economy?
			Orlando's Outlook: Fiscal policy matters Apr. 26, 2013 :: Philip J. Orlando Growth is being held back by higher taxes and spending cuts
			Weekly Update: Defense Apr. 26, 2013 :: Linda A. Duessel Defensive sectors have led this rally and, on a seasonal basis, are poised to remain on top
			Buy Businesses, Not Stocks Apr. 25, 2013 :: Daniel Peris Are share buybacks a good value for stockholders?
			The 2% Problem Apr. 25, 2013 :: Daniel Peris What's wrong with companies that only pay shareholders 2 percent yield?
			Orlando's Outlook: Spring swoon Apr. 19, 2013 :: Philip J. Orlando For the third year in a row, the economy is showing signs of a springtime pause
			Weekly Update: I've been depressed this week Apr. 19, 2013 :: Linda A. Duessel Boston shakes us all but thank goodness for technology
			Market Memo: Positioning for a potential market melt-up Apr. 16, 2013 :: Stephen F. Auth With the double-top breached and emerging-markets on the rise, we add to overweight postion
			Orlando's Outlook: Adding to equities Apr. 15, 2013 :: Philip J. Orlando Asset-allocation committee raises emerging-market equity position to maximum overweight
			Orlando's Outlook: President Obama's Goldilocks budget Apr. 12, 2013 :: Philip J. Orlando It's nowhere near 'just right'
			Weekly Update: Almost heaven Apr. 12, 2013 :: Linda A. Duessel Defensive stocks may be the bond buyer's way of getting in
			Orlando's Outlook: March job signals flash caution Apr. 5, 2013 :: Philip J. Orlando Private payroll growth slows, household and participation rate plunge
			Weekly Update: It's spring—time to worry? Apr. 5, 2013 :: Linda A. Duessel If last year is any indication, we could be setting up for a correction
			Orlando's Outlook: Grinding higher Mar. 28, 2013 :: Philip J. Orlando Economic fundamentals and a friendlier Washington environment raise outlook
			Weekly Update: Hope Mar. 28, 2013 :: Linda A. Duessel Markets keep grinding higher but mightn't a pullback be in the wings?
			Markets shrug off Washington Mar. 27, 2013 :: Philip J. Orlando How would the markets react to a grand bargain?
			A kinder, gentler correction Mar. 27, 2013 :: Philip J. Orlando Is a market correction in sight?
			Market Memo: Ben is far from stocks' only friend Mar. 26, 2013 :: Stephen F. Auth Fading Armageddon mindset, better U.S. and emerging economies also a plus
			Orlando's Outlook: Pimple on an elephant's rear Mar. 22, 2013 :: Philip J. Orlando Cyprus could provide the catalyst for a pullback, but likely nothing worse
			Weekly Update: 17 euro nations . . . 17 cans for Merkel to kick? Mar. 22, 2013 :: Linda A. Duessel What happens in Cyprus may not stay in Cyprus
			Weekly Update: Anticipation . . . is making me wait Mar. 15, 2013 :: Linda A. Duessel If the S&P 500 hits a new high, as expected, it doesn't mean the party is over
			Orlando's Outlook: Happy four-year anniversary Mar. 11, 2013 :: Philip J. Orlando Markets grind to new highs on the back of a subpar recovery
			Weekly Update: Still no Brad Pitt Mar. 8, 2013 :: Linda A. Duessel As markets hit new highs, the pain trade continues to be to the upside
			Orlando's Outlook: Solid jobs report for February Mar. 8, 2013 :: Philip J. Orlando Broad-based gains surprise and suggest labor market strengthening
			Orlando's Outlook: March Madness, Washington style Mar. 1, 2013 :: Philip J. Orlando As Washington fiddles, the economy burns
			Weekly Update: Do you feel comfortable buying green bananas? Mar. 1, 2013 :: Linda A. Duessel It's not easy to decide when and whether to get in when policymakers are in the way
			3 Reasons to Be Bullish Feb. 26, 2013 :: Stephen F. Auth Are we in a secular bull?
			Orlando's Outlook: Is that all there is? Feb. 22, 2013 :: Philip J. Orlando Midweek pullback wasn't much; spending slowdown and sequester suggest more to come
			Weekly Update: Did you ever wonder who is kicking the can down the road? Feb. 22, 2013 :: Linda A. Duessel Fed and Capitol Hill have been putting off hard decisions to the market's delight. Is that about to change?
			Orlando's Outlook: Christmas was mediocre—will consumers remain weak? Feb. 15, 2013 :: Philip J. Orlando There are a lot of potholes that could hold back spending
			Market Memo: Is it value time? Feb. 15, 2013 :: Matthew P. Kaufler Value stocks appear to be moving ahead of their growth counterparts on performance
			Weekly Update: 'What should I do?' Feb. 15, 2013 :: Linda A. Duessel Will the equity market pullback happen if everyone is waiting for it?
			Weekly Update: Sell in March and go away? Feb. 8, 2013 :: Linda A. Duessel Constant pullback talk argues against one but the next few months may be bumpy
			Orlando's Outlook: Full-month 'January Barometer' flashing green Feb. 7, 2013 :: Philip J. Orlando The month fits with our view that it will be an up year with some bumps along the way
			Harnessing value in 2013 Feb. 5, 2013 :: Matthew P. Kaufler Based on long-term market history, large-cap value stocks are the place to be.
			Dividend investing in a time of economic malaise Feb. 5, 2013 :: Linda A. Duessel As political leaders mull the U.S.?s debt situation, Linda Duessel considers subpar growth and economic malise in the short, intermediate and long terms.
			The can, the elephant and a lost generation Feb. 5, 2013 :: Linda A. Duessel Linda Duessel contemplates policymakers kicking the can down the road on fiscal issues, baby boomers becoming the elephant in the room as their retirement strains resources and a generation of lost investors.
			Orlando's Outlook: No double dip on horizon Feb. 1, 2013 :: Philip J. Orlando The data is mixed but still more positive than negative on the economy
			Weekly Update: Minus 0.1%? Oh, my! Feb. 1, 2013 :: Linda A. Duessel We're stuck in economic malaise and you know how we get paid in malaise
			Market Memo: It's a secular bull and here's why Jan. 30, 2013 :: Stephen F. Auth There may be stumbles but the longer-term fundamentals suggest equities are the place to be
			Orlando's Outlook: Third time a charm? Jan. 25, 2013 :: Philip J. Orlando Investors, recalling past missed opportunities, may overlook fiscal drama this time around and stick with equities
			Weekly Update: Losing money safely Jan. 25, 2013 :: Linda A. Duessel Market may be overbought but sentiment indicators suggest there's still upside
			Orlando's Outlook: All eyes remain on Washington Jan. 18, 2013 :: Philip J. Orlando What happens with sequester and debt-ceiling critical to economy's performance this year
			Weekly Update: Feeling good Jan. 18, 2013 :: Linda A. Duessel As the long as the can keeps getting kicked, the market can move higher. But headwinds await.
			Orlando's Outlook: Early 'January Barometer'—Green light now, speed bump later? Jan. 11, 2013 :: Philip J. Orlando Indicator that suggests an up January will make for an up year in stocks sure to be tested
			Weekly Update: The market seems to concentrate on one thing at a time Jan. 11, 2013 :: Linda A. Duessel With earnings season just starting, Fiscal Cliff II can wait until next month
			Market Memo: Battle of Little Bighorn—Republicans retreat to the grassy knoll Jan. 4, 2013 :: Stephen F. Auth With nothing to lose, expect the House to fight to the finish to get desired entitlement reforms
			Orlando's Outlook: Ho-hum jobs report ends 2012 Jan. 4, 2013 :: Philip J. Orlando Private payrolls continue to grow modestly and that may be the best we get for awhile
			Weekly Update: Two more months until the kicked-can rolls upon its next cliff Jan. 4, 2013 :: Linda A. Duessel Markets enjoy the end to the latest drama and won't likely worry about the next until it is upon us
			Weekly Update: Enjoying the Santa Claus Rally as long as the Scrooge doesn't show up Dec. 20, 2012 :: Linda A. Duessel Congress, the White House or both could spoil the party if a fiscal-cliff deal isn't cut
			Orlando's Outlook: Merry Cliffmas! Dec. 20, 2012 :: Philip J. Orlando Stage set for a solid 2013 for markets if Washington gets its fiscal house in order
			Orlando's Outlook: Wait and see Dec. 14, 2012 :: Philip J. Orlando Federated raises GDP outlook but it's still very weak and very uncertain due to 'cliff'
			Weekly Update: It's beginning to look a lot like Christmas Dec. 14, 2012 :: Linda A. Duessel Market yawns as fiscal cliff nears and Fed eases some more
			Orlando's Outlook: What about Sandy? Dec. 7, 2012 :: Philip J. Orlando Data quirks behind better-than-expected increase in November jobs and drop in jobless rate
			Weekly Update: Don't be a Grinch! Dec. 7, 2012 :: Linda A. Duessel Signs point to a Santa Claus rally (and an fiscal cliff resolution sure would help!)
			Orlando's Outlook: Who wants to be a millionaire? Nov. 30, 2012 :: Philip J. Orlando We can debate who is really rich, but to clear the fiscal cliff, spending has to be fixed
			Weekly Update: Are you sick of hearing about 'the cliff?' Nov. 30, 2012 :: Linda A. Duessel Low volumes, little market movement seen until fiscal showdown ends one way or other
			Market Memo: Short-term bearish, long-term bullish Nov. 28, 2012 :: Stephen F. Auth Headwinds led by the fiscal cliff cloud year-end outlook but full-year 2013 could surprise to upside
			Orlando's Outlook: Will they cancel Christmas this year? Nov. 21, 2012 :: Philip J. Orlando Fiscal-cliff worries and Sandy threaten historical correlation to strong back-to-school season
			Weekly Update: Of fiscal cliffs, the election and technology Nov. 20, 2012 :: Linda A. Duessel Taxes, demographics and 3D printers to play increasing roles in our lives
			Weekly Update: If this is a circus, what are the odds we'll go over the cliff? Nov. 15, 2012 :: Linda A. Duessel Political sideshows could sidetrack a deal that is critical for the economy and the markets
			Orlando's Outlook: Sandy, election outcome pare our outlook Nov. 12, 2012 :: Philip J. Orlando Growth should slow substantially but economy likely to skirt recession
			Weekly Update: Purple is one of my favorite colors Nov. 9, 2012 :: Linda A. Duessel The market could still rally before year-end but the fiscal cliff adds a big layer of uncertainty
			Orlando's Outlook: Status-quo election raises fiscal-cliff and debt-ceiling angst Nov. 9, 2012 :: Philip J. Orlando It's time for the White House and Congress to put aside differences for the economy's common good
			Market Memo: This isn't what the markets wanted Nov. 8, 2012 :: Stephen F. Auth A status-quo election outcome prompts a shift to neutral in Federated's stock-bond model
			Orlando's Outlook: Jobs report doesn't move election needle Nov. 2, 2012 :: Philip J. Orlando Better-than-expected gains in employment a plus, but earnings disappoint
			Weekly Update: Perfect storm Nov. 2, 2012 :: Linda A. Duessel Hurricane Sandy's wrath throws a wrench into the markets and the election
			Orlando's Outlook: Economy lifts out of temporary soft patch Oct. 26, 2012 :: Philip J. Orlando Growth remains subtrend, however, as looming fiscal cliff stalls hiring and business investment
			Weekly Update: Oh dear, that's not a mask you're wearing! Oct. 26, 2012 :: Linda A. Duessel Economic, market data indicate storm clouds may be gathering
			Weekly Update: Music City ... doesn't that sound inviting? Oct. 19, 2012 :: Linda A. Duessel Revenue concerns aside, market continues to climb a beautiful wall of worry
			Orlando's Outlook: Back-to-school puts consumer spending back on track Oct. 19, 2012 :: Philip J. Orlando Broad-based increases indicated second-half GDP growth may be better than expected
			Weekly Update: Florida is not cool Oct. 12, 2012 :: Linda A. Duessel Disappointing third-quarter earnings outlook could actually be good for equities
			Orlando's Outlook: Jobless rate surprisingly plunges Oct. 5, 2012 :: Philip J. Orlando Household survey soars, but nonfarm payroll gains muted and in line with consensus
			Orlando's Outlook: A tale of two quarters Sept. 28, 2012 :: Philip J. Orlando Manufacturing's slowdown and uncertainty offsetting better consumer and housing data
			Weekly Update: RIP my huckleberry friend Sept. 28, 2012 :: Linda A. Duessel With everyone suggesting a market pullback, could it surprise?
			Weekly Update: Don't get too greedy Sept. 21, 2012 :: Linda A. Duessel There are reasons to expect stocks to grind higher but a near-term pullback likely looms
			Market Memo: Bennie and the VIX Sept. 19, 2012 :: Stephen F. Auth Fed's unlimited easing and a global stimulus party should drive equities higher
			Orlando's Outlook: Can we talk about entitlement reform? Sept. 18, 2012 :: Philip J. Orlando This elephant in the room rarely gets addressed honestly in election years
			Orlando's Outlook: Gas-price surge boosts consumer spending Sept. 14, 2012 :: Philip J. Orlando But core spending during back-to-school season disappoints
			Weekly Update: QE to infinity and beyond Sept. 14, 2012 :: Linda A. Duessel Fed moves into unchartered territory with open-ended quantitative easing
			Market Memo: It's a grind, and that's OK Sept. 11, 2012 :: Stephen F. Auth Subpar growth without tail risk is enough to keep this market going
			Orlando's Outlook: Dismal jobs report could push Fed to act Sept. 7, 2012 :: Philip J. Orlando August payrolls disappoint, clearing way for Bernanke to go forward with QE3
			Weekly Update: Let's not be greedy Sept. 7, 2012 :: Linda A. Duessel Market rally takes us to new cycle highs but there are reasons to regroup at 1,450
			Weekly Update: Are you in or are you out? Aug. 31, 2012 :: Linda A. Duessel As the dog days give way to a busy September, the market appears poised to keep on keeping on
			Orlando's Outlook: Hurricane Ryan takes Tampa by storm Aug. 31, 2012 :: Philip J. Orlando Vice presidential candidate focuses on fiscal, growth matters
			Orlando's Outlook: Summer rally stalls Aug. 24, 2012 :: Philip J. Orlando Fundamentals have strengthened, but commodity prices are a concern
			Weekly Update: Here's the situation Aug. 24, 2012 :: Linda A. Duessel Market keeps climbing a legitimate wall of worry
			Weekly Update: I'm going to keep visiting Beverly Hills until I see Brad Pitt Aug. 17, 2012 :: Linda A. Duessel It's been a slow month, trading-wise, amid little market-moving news
			Orlando's Outlook: Passing the torch—It's the economy, stupid Aug. 13, 2012 :: Philip J. Orlando The election heats up with a subpar economy playing a central role
			Weekly Update: It's going to be a very interesting second half Aug. 10, 2012 :: Linda A. Duessel Weak economy, lagging approval ratings promise an election that may come down to the wire
			Orlando's Outlook: Soft patch now, second-half bounce later Aug. 6, 2012 :: Philip J. Orlando We continue to believe that GDP growth will firm in this year's second half.
			Orlando's Outlook: Employment cycle starting to firm Aug. 3, 2012 :: Philip J. Orlando Lower energy prices and interest rates, a growing wealth effect in equities and housing, improved second-half consumer spending and aggressive global central bank intervention will prod the U.S. labor market to grind higher
			Weekly Update: Are we getting schooled? Aug. 3, 2012 :: Linda A. Duessel The country's top ranking in higher ed belies the diminishing state of elementary and secondary ed
			How Far Can This Bull Run? Jul. 31, 2012 :: Stephen F. Auth Is the U.S. in a secular bull market?
			Orlando's Outlook: Growth no worse than expected Jul. 27, 2012 :: Philip J. Orlando Initial estimate of second-quarter GDP surprises
			Market Memo: Reducing equity overweights Jul. 27, 2012 :: Stephen F. Auth Until the dust settles, we're adding to cash in our Prism model portfolio
			Weekly Update: Vacation time Jul. 27, 2012 :: Linda A. Duessel Markets a bit driftless with all of Europe out and mushy indicators on U.S. economy
			Orlando's Outlook: Manufacturing some dry powder Jul. 26, 2012 :: Philip J. Orlando We lower our equity overweight to raise cash until all the uncertainty clears up
			Orlando's Outlook: Housing has finally found its bottom Jul. 20, 2012 :: Philip J. Orlando And it doesn't come too soon as the rest of the economy is struggling
			Weekly Update: Detroit has it going on Jul. 20, 2012 :: Linda A. Duessel It seems early to worry about recession even though much of the news has been a bummer
			Weekly Update: A market with no character Jul. 13, 2012 :: Linda A. Duessel It's hard to get a read on whether stocks will head up or down in coming months
			Orlando's Outlook: Iranian monkey wrench Jul. 11, 2012 :: Philip J. Orlando E.U./U.S. embargo on Iranian oil clouds improving outlook
			Orlando's Outlook: Treading water Jul. 6, 2012 :: Philip J. Orlando June's jobs report disappoints again but there are reasons to think market is turning
			Weekly Update: At the end of the day, the market trades on earnings Jul. 6, 2012 :: Linda A. Duessel The next few weeks could determine whether we get a rally or a sell-off
			Orlando's Outlook: Rally caps and 3-for-4 in June spark equity rebound Jun. 29, 2012 :: Philip J. Orlando EU, Greek vote and Fed make for catalysts and offset disappointing ObamaCare decision
			Weekly Update: In a monumental week, you could hear a pin drop Jun. 29, 2012 :: Linda A. Duessel All's relatively calm despite ObamaCare's survival and eurozone progress
			Market Memo: 'The Pond' shrinks Jun. 29, 2012 :: Stephen F. Auth As U.S. becomes more Europe-like and Europe becomes more U.S.-like, the markets may like it
			Orlando's Outlook: 'See you in September' Jun. 22, 2012 :: Philip J. Orlando Lower gasoline prices and interest rates should boost back-to-school spending
			Weekly Update: Kansas City is in Missouri Jun. 22, 2012 :: Linda A. Duessel A slow news week could be setting the state for an up move in the markets
			Weekly Update: 'Aloha' and 'Mahalo' Jun. 15, 2012 :: Linda A. Duessel There are a lot of reasons to think stocks may be due for a run. Greece is one of them.
			Orlando's Outlook: We're sticking with our soft-patch thesis Jun. 15, 2012 :: Philip J. Orlando We've lowered our GDP forecasts but see a pickup in 2013
			Weekly Update: Impending doom Jun. 8, 2012 :: Linda A. Duessel When everyone's so gloomy, mightn't stocks not be?
			Orlando's Outlook: Sell in May, buy in June? Jun. 8, 2012 :: Philip J. Orlando Attractive valuations and five pending events could make it a very opportune time to buy stocks
			Weekly Update: Ugh Jun. 1, 2012 :: Linda A. Duessel Jobs report adds to a bad week of news that shook the markets
			Orlando's Outlook: Face plant Jun. 1, 2012 :: Philip J. Orlando It was a no good, very bad, terrible employment report for May. 'Nuff said.
			Weekly Update: How will you spend your Memorial Day weekend? May 25, 2012 :: Linda A. Duessel A whole lot of nothing may keep the market range-bound this summer
			Orlando's Outlook: Watch out for that fiscal cliff! May 25, 2012 :: Philip J. Orlando Massive tax increases and spending cuts if Congress and White House don't act by year-end
			Market Memo: A new secular bull market in equities? May 24, 2012 :: Stephen F. Auth Long-term bulls often start when things seem the worst
			Investors Want to be Paid Apr. 12, 2012 :: Linda A. Duessel What does the possibility of a an increase on the dividend tax mean for investors and companies that issue dividends?