Investment Insights Podcast: August 2018 market and economic outlook

Leigh Lowman, CFA, Investment Manager

On this week’s podcast (recorded August 10, 2018), Leigh provides a brief review of July markets.

 

Quick hits:

  • The third quarter was off to a good start with risk assets positive for July.
  • Global trade tensions continued to escalate throughout the month, but geopolitical uncertainty was offset by positive economic growth.
  • The S&P 500 Index was up 3.7% for the month with sector performance positive across the board.
  • Developed international equities, as measured by the MSCI EAFE Index, was up 2.5% for the month and flat year-to-date.
  • The Bloomberg Barclays US Aggregate Index was flat for the month and down -1.6% year-to-date.
  • Overall, we remain positive on risk assets over the intermediate-term.

Listen_Icon  Listen to the abbreviated audio recording.

Read_Icon  Read the full July Market and Economic Outlook.

 

market outlook (10)

The views expressed are those of Brinker Capital and are not intended as investment advice or recommendation. For informational purposes only. Holdings are subject to change. Brinker Capital, Inc., a registered investment advisor.

 

Vlog – Is value poised to gain on growth?

Tim Holland, Brinker Capital’s Global Investment Strategist, discusses how value stocks have badly lagged growth stocks, but there are signs that dynamic could be shifting.

Q&A_Video_Still

The views expressed are those of Brinker Capital and are not intended as investment advice or recommendation. For informational purposes only. Holdings are subject to change. Brinker Capital, Inc., a registered investment advisor.

Investment Insights Podcast: The US economy accelerates in Q2. Will the momentum continue?

Tim Holland, CFA, Senior Vice President, Global Investment Strategist

On this week’s podcast (recorded July 30, 2018),
Tim discusses why the underlying components of the GDP growth report were most encouraging and speaks to why the US economy should continue to perform well into 2019.

Quick hits:

  • During Q2 the US savings rate was a very healthy 6.8%, this should keep the US consumer on firm financial footing, a key development when one considers the US economy is 70% consumer driven.
  • Both housing and inventories detracted from economic growth during Q2.
  • Nonresidential fixed investment – which is another way of saying spending by corporate America – increased a very healthy 7.3% during Q2, after rising an even stronger 11.5% in Q1.

For Tim’s full insights, click here to listen to the audio recording.

investment podcast (31)The views expressed are those of Brinker Capital and are not intended as investment advice or recommendation. For informational purposes only. Holdings are subject to change. Brinker Capital, Inc., a registered investment advisor.

Vlog – Quarter End Q&A: 2Q18

Brinker Capital’s Global Investment Strategist, Tim Holland, asks and answers those questions we think will be top of mind for clients as they open their quarterly statements and think back on the quarter that was:

  1. Why did US equities rebound in Q2?
  2. Why did Emerging Market equities struggle during Q2?
  3. When will fixed income find its footing?

Q&A_Video_Still


The views expressed are those of Brinker Capital and are not intended as investment advice or recommendation. For informational purposes only. Holdings are subject to change. Brinker Capital, Inc., a registered investment advisor.

Investment Insights Podcast: July 2018 market and economic outlook

Leigh Lowman, CFA, Investment Manager

On this week’s podcast (recorded July 13, 2018), Leigh provides a brief review of the second quarter.

 

Quick hits:

  • Volatility continued into the second quarter with risk asset performance mixed.
  • The Fed implemented a 25-basis point rate hike in June and revised its forecast from three to four rate hikes for 2018.
  • Concern over a more hawkish Fed coupled with increasing trade tensions will likely cause volatility to persist, but we expect fiscal stimulus and strong fundamentals will lead to positive economic growth over the intermediate-term.

Listen_Icon  Listen to the abbreviated audio recording.

Read_Icon  Read the full July Market and Economic Outlook.

 

market outlook (9)

The views expressed are those of Brinker Capital and are not intended as investment advice or recommendation. For informational purposes only. Holdings are subject to change. Brinker Capital, Inc., a Registered Investment Advisor.

 

Investment Insights Podcast: What’s submerging Emerging Markets?

Tim Holland, CFA, Senior Vice President, Global Investment Strategist

On this week’s podcast (recorded July 6, 2018),
Tim discusses why 2018 is proving to be a very different story for EM equities relative to US and developed international equities.

Quick hits:

  • The MSCI EM Index is off approximately 6.5% year-to-date compared to a gain of 2.7% for the S&P 500 and a more modest loss of 2.4% for the MSCI EAFE, through the end of the second quarter.
  • While the volatility that accompanies EM equities can be unnerving, the long-term wealth building power of the asset class has been extraordinary.

For Tim’s full insights, click here to listen to the audio recording.

investment podcast (30)


The views expressed are those of Brinker Capital and are not intended as investment advice or recommendation. For informational purposes only. Holdings are subject to change. Brinker Capital, Inc., a Registered Investment Advisor.

Investment Insights Podcast: Despite the noise and market volatility, it’s so far so good economically

Amy Magnotta, CFASenior Vice President, Brinker Capital

On this week’s podcast (recorded June 28, 2018), Amy discusses the recent noise and market volatility.

Quick hits:

  • We’ve seen a pickup in volatility again in global equity markets over the last week due to the unclear strategy toward global trade.
  • There are continued signs of strength in the US economy.
  • While we are in the latter half of the cycle, we continue to believe that the growth tailwinds are supportive of the markets, and risk assets, over the near term.

For Amy’s full insights, click here to listen to the audio recording.

investment podcast (29)


The views expressed are those of Brinker Capital and are not intended as investment advice or recommendation. For informational purposes only. Holdings are subject to change. Brinker Capital, Inc., a registered investment advisor.

Investment Insights Podcast: We are likely in the 7th inning of this game

Chris HartSenior Vice President

On this week’s podcast (recorded June 15, 2018), Chris discusses what we should expect in the later half of the cycle.

 

Quick hits:

  • In a widely anticipated move last week, the Fed raised its policy rate by 25 basis points up to a range of 1.75% to 2.0%.
  • It is important to remember that late in the cycle, by definition, means that there is still room for growth and expansion.
  • The Fed has to walk a tight path as it works to balance the risk of overtightening and choking off economic growth with the risk of overheating the economy.
  • Regardless of whether you tend to lean dovish or hawkish, there are indicators in the fixed income markets to watch for that help assess the potential for recession in the intermediate term.
  • Regardless of one’s opinion on policy and interest rates, we have consistently highlighted a theme of the road to interest rate normalization and the risks of policy uncertainty.

For the rest of Chris’s insight, click here to listen to the audio recording.

investment podcast (28)

The views expressed are those of Brinker Capital and are not intended as investment advice or recommendation. For informational purposes only. Holdings are subject to change. Brinker Capital, Inc., a Registered Investment Advisor.

Vlog – Where risks reside

Tim Holland, Brinker Capital’s Global Investment Strategists, discusses the near-term risks to the US economy and the market as we approach the halfway point of 2018.

Blog-image_6-18-18

The views expressed are those of Brinker Capital and are not intended as investment advice or recommendation. For informational purposes only. Holdings are subject to change. Brinker Capital, Inc., a registered investment advisor.

Investment Insights Podcast: June 2018 market and economic outlook

Leigh Lowman, CFA, Investment Manager

On this week’s podcast (recorded June 8, 2018), Leigh provides a brief review of May markets.

 

Quick hits:

  • Political risk dominated headlines with uncertainty escalating around the Trump administration trade policy, increasing tensions between the US and its trading partners.
  • The S&P 500 was up 2.4% for the month and up 2.0% year to date.
  • Developed international equities as measured by the MSCI EAFE Index was down -2.1% in May and is lagging domestic equities year-to-date.
  • The Bloomberg Barclays US Aggregate Index was positive for the month but is down -1.5% year-to-date.
  • Overall, we remain constructive on risk assets over the intermediate-term but recognize more normalized volatility will likely continue throughout the year.

Listen_Icon  Listen to the abbreviated audio recording.

Read_Icon  Read the full June Market and Economic Outlook.

 

market outlook (8)

The views expressed are those of Brinker Capital and are not intended as investment advice or recommendation. For informational purposes only. Holdings are subject to change. Brinker Capital, Inc., a Registered Investment Advisor.