A Fragile Bounce

A Fragile Bounce

OVERVIEW   Markets bounced back last week, with broad gains across most major equity benchmarks after the prior stretch of weakness. The S&P 500 rose 3.36%, the Dow Jones Industrials gained 2.96%, and the NASDAQ led to the upside with a 4.44% rally. Large-cap...
Gaining Confidence

Gaining Confidence

Investor sentiment has been deeply negative, but last week’s rebound shows that confidence might be starting to return. History tells us that when fear fades and optimism picks up, even just a little, it can create some of the best opportunities for long-term investors.

The Junk Gets Junkier

The Junk Gets Junkier

  When markets get shaky, the weakest links usually show it first—and nowhere is that more obvious than in junk bonds. This week’s chart is a favorite of DoubleLine’s Jeffrey Gundlach. It compares the yields on CCC-rated bonds—the riskiest junk out there—with...
The Earnings Engine

The Earnings Engine

  Over the past few weeks, we’ve spent some time diving into the state of corporate earnings—how they’re holding up, what expectations look like, and whether they’re realistic. This week, we’re taking it a step further by linking those earnings to the broader...