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Insights

With decades of experience investing in global equity markets, our portfolio managers develop quarterly Market Outlook and Investment Insights features to provide insight into our thoughts and views and to help our clients navigate the global equity markets.

Insights

Market
Outlook

And the Winner is...

Market Outlook: 4Q 2022

That phrase will be spoken many times at the Academy Awards to be held in March as the coveted trophies are presented. By then, we may also know whether market investors or the world’s central bankers have prevailed in their battle currently taking place in global equity markets...

Picking Fights with the Fed

Market Outlook: 3Q 2022

The famous phrase "Don't fight the Fed" was first coined in the 1970's. Essentially, it was meant to warn investors to keep their portfolios on the good side of the US central bank. Well, market participants seem more willing today than they have been in recent memory to test the mettle of the Fed...

Tug of War

Market Outlook: 2Q 2022

The reason for the dramatic correction in global stock markets has not been because analysts have lowered their earnings expectations for companies, as one would expect. Rather it has been a markdown in multiples which has caused this correction. Top-down strategists are calling for a significant decline in earnings, but bottom-up analysts are not yet seeing that as they focus on company fundamentals. So, who is right?...

Children Playing Tug of War

Stock Picking is Back!

Market Outlook: 1Q 2022

For several years now investors have been conditioned to putting more money into stocks, sometimes aggressively, any time the stock market falls. This so-called buy-the-dip strategy has rewarded buyers. There is reason to suspect that may no longer be the case, though...

Trading Graphs on Computer Monitor

The Return of Volatility

Market Outlook: 4Q 2021

A Stock Picker's Market

Market Outlook: 3Q 2021

As Good as It Can Get?

Market Outlook: 2Q 2021

What a Difference a Year Makes!

Market Outlook: 1Q 2021

Investment Insights

Changing Dynamics in Emerging Mkts

Investment Insights: October 2022

International Flags

In the past, rising US interest rates and a stronger US dollar would have meant trouble for Emerging Markets. As tighter financial conditions lead to a broad global slowdown, countries that have borrowed in US dollars would face heavy debt burdens, and a fall in risk appetite would cause investors to flee Emerging Markets...

Can Emerging Mkts Make a Comeback?

Investment Insights: January 2022

International Flags

After a spectacular run in the 2000s, Emerging Markets were the worst-performing equity asset class in the past decade. As we look forward to the next decade, we ask the question: Will the US equity market continue to outperform? Or can Emerging Markets make a comeback and take leadership?...

Taking Pulse of the Buffett Indicator

Investment Insights: October 2021

Financial Graphs

There are many metrics utilized to value the broader equity markets. In this report, we focus on what is known as the Buffett Indicator -- total market capitalization to gross domestic product ratio -- to evaluate the attractiveness of the global equity markets...

Is Inflation

Transitory?

Investment Insights:

July 2021

There is a big debate going on amongst analysts and investors as to whether the recent pickup in inflation is transitory or permanent. The Federal Reserve, after having seen inflation rise above 2% in recent months, attributes this to a low base effect and supply chain disruptions...

A Year of Two Halves

Investment Insights: April 2021

2020: A Year of Haves and Have Nots

Investment Insights: January 2021

Musings on Growth versus Value

Investment Insights: October 2020

Could the Pandemic Lead to Decoupling of Global Economies?

Investment Insights: July 2020

Geopolitical Developments Drive Volatility Higher

Investment Insights: March 2020

Factsheets

View our most recent Factsheets to learn more about our international equity strategies, and for relevant disclosures.

International Equity

International Developed Markets Equity

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