Tax reform's earnings boost is far from uniform
The new tax law may result in market rotation in favor of sectors that stand to gain the most from lower corporate rates. Earnings are already being revised higher.
Viewpoints by Matthew D. Miskin, CFA, Market Strategist at John Hancock Investments
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Connecting the dots: Do FOMC projections suggest an inverted yield curve in 2018?
The Fed's plans for interest rate increases in 2018 could be a warning sign for U.S. stocks. See why.Read more -
Why low-volatility stocks may hit bumps in the road
While low-volatility equity strategies appear well suited to provide downside protection in many drawdowns, they can leave an investor more vulnerable when bond yields are rising as stocks fall, our research shows.Read more -
Currency tides may be changing, providing more lift for international equities
The damage that the U.S. dollar’s strength has inflicted on international equity returns may have run its course, as a recent comeback for foreign currencies has enhanced the appeal of international stocks.Read more -
Falling correlations point to rising opportunities for active managers
Cross correlations of U.S. stocks have fallen sharply in recent months, which may signal a new phase of the bull market favoring active management.Read more -
Corporate earnings staging a comeback overseas
After several years of disappointing results, earnings are showing a sharp rebound in markets around the world. Portfolio managers in our network are taking notice.Read more -
Hedging downside risks after high yield's big run
Our network is growing more cautious on high-yield bonds after their recent rally. See why investment-grade corporate debt can help offset some of the risks.Read more -
Financials have more going for them than the election results
While a Trump presidency is viewed as favorable for financial stocks, the sector already had some key tailwinds heading into 2017.Read more -
September market recap: Fed kicks the can to December
Fed inaction, stronger oil, and a lack of geopolitical flare-ups helped risk assets advance in September.Read more -
September's volatility—part seasonal, part fundamental
September's volatility may be easy to dismiss as merely a seasonal event, but there's more lurking beneath the surface.Read more