Since raising interest rates last December, the Federal Reserve has taken a pass in every subsequent meeting. Why is the Fed being so cautious?
Island living is often likened to paradise, but on the distressed shores of Puerto Rico, the island is anything but carefree. Treading on the heels of the largest default in municipal bond history, investors are left asking, “Where’s the money?”
The U.K. referendum on EU membership has ushered in a period of uncertainty and political instability, primarily in the U.K. but also in the eurozone. As a result, we have downgraded our outlook for international developed equities.
After taking a hit in 2015, diversification proved its worth again in the first half of 2016. But a closer look at the catalysts for the recent success reminds us that the benefits of diversification have limits — and analysis of today’s market conditions suggests that investors should resist the urge to become complacent in their diversification strategy.
Mutual Funds Marketing Support and Literature
Monday - Thursday, 8 a.m. - 7 p.m. ET; Friday 8 a.m. - 6 p.m. ET