Global stock markets posted strong gains during the third quarter, which is often a seasonally weak period for risk assets. During a steady onslaught of new record highs for this bull market, the emotional temptation to sell and take profits has become ever more pronounced.
Keep calm and carry on. This is the message investors are sending after stock markets posted strong gains for the first six months of the year.
Find out why Balentine typically choose to be passive in efficient asset classes, and how we decide whether active management may be more appropriate.
May 25, 2017 — On May 17, the market unexpectedly dropped 1.8%. Despite its swift recovery, could this signal the beginning of a “Trump slump?”
May 2, 2017 — The United States’ economy passed a significant milestone in March, but some people are beginning to wonder how much longer it can continue at its current pace.
From Brexit to the election of Donald Trump, 2016 was a year of unexpected outcomes.
After what occurred in 2016, many forecasters are probably considering a new profession.
We expected and prepared for a period of market turbulence at the end of the third quarter of last year and took decisive steps to lower our exposure to global stock markets accordingly. We do not yet see reason to change course further.
Balentine’s Chief Investment Officer Adrian Cronje was quoted in the Wall Street Journal article “Stocks End the Week on a Positive Note”. As quarterly data from the first three months of 2015 become available, many investors are watching to see the US stock market’s reaction.
Quarterly earning season is upon us, and underneath the guise of downward-revised forecasts and the effects of write-downs, the story tells of U.S. corporate profits falling, not rising. These results caused The Economist to ask the question, “Are corporate profits at last running out of steam?” in its recent Buttonwood article, “Sound the Retreat.” In […]