The US economy is fine, but the EU’s ongoing sovereign-debt crisis is the biggest wild card for global equities.
Oil services stocks trade at discounted valuations but also stand to benefit from a handful of potential upside catalysts.
Stick to our three-pronged investment strategy in these uncertain times.
With the US consumer focused on saving and paying down debt, the US economy will grow at an annualized rate of roughly 2 percent over the next several years.
In a volatile market like this, dividends are more important than ever.
The US economy likely won’t recover from its recent shocks as quickly as it did after the Sept. 11 terrorist attacks. But US consumers and businesses remain highly flexible and resilient in the face of economic shocks. Economic growth will remain subdued, but the odds still favor the US avoiding recession in 2011 and 2012.
Why has the price of gasoline continued to increase despite the decline in the price of West Texas Intermediate crude oil? Pundits have come up with dozens of conspiracy theories to explain this anomaly. Here’s the truth.
The best preparation for the unexpected is a portfolio of high-quality companies.
The recent market panic has taken a significant toll on many investors’ portfolios, and economic risks have risen. But panics of this nature tend to be short and to wear themselves out–eventually, cooler heads prevail, and the market refocuses on fundamentals.
The extreme market selloff has spared few stocks or sectors. But I don’t see many fundamental catalysts or changes in the outlook to justify the recent broader market move. The economic soft patch we’re seeing is certainly not new information and economic data has been disappointing expectations since April.
