|
While the strong start in the equity markets has moderated as the year has progressed, we believe there remains reason for optimism on the economy and equity markets over the course of this year. Time might be required until the data becomes convincing enough to allow for meaningful upside.
|
|
Recent data indicate housing finally may have turned the corner after the Great Recession. Waddell & Reed Global Economist Derek Hamilton explains why this recovery could have widespread positive implications for construction activity, consumers and the economy as a whole.
|
|
Two decades after the first exchange traded fund (ETF) started trading there are more than 1,000 of the funds looking to attract investors. But while ETFs are marketed as a low-cost investor choice, those who purchase ETFs need to understand that there are may be costs beyond an ETF’s fee structure.
|
|
Each new year provides a dose of optimism and a chance to begin again. While 2013 will certainly present opportunities in the markets, some of the same headwinds that have challenged U.S. and global economy will likely continue to make their presence known.
|
|
Global growth struggled in 2012, restricted by policy uncertainties all year. While these may remain for a time, we do see progress. We generally are positive about the path of economic growth for 2013 and think an improving global economy is likely to contribute to U.S. growth.
|
|
The Federal Reserve is set to keep interest rate at historic lows but there are questions about its bond buying program and the possibility that the Fed chairman is mulling retirement.
|
|
Where are the financial markets headed in the next 12 months? Rather than focus on unknowns, advisors and investors are better off looking at opportunities and implications. What can we learn from what we know at this point? Hank Herrmann offers 13 perspectives for 2013.
|
|
China presented its new leadership led by Xi Jinping, who will become president in March 2013. The smooth transition in part shows a desire to avoid negative economic impact, and move toward a market-driven economy focused on increased domestic consumption. But reform is needed in several key areas.
|
|
CEO Hank Herrmann and political analyst Greg Valliere look at the election results and share their insights on what it may mean for investors as politicians face the fiscal cliff and other issues.
|
|
There are several issues facing the global financial market, including the euro zone’s sovereign debt crisis and the U.S. fiscal cliff. According to CEO Hank Herrmann, despite confusion surrounding government policy, the U.S. economy may move forward on the strength of housing, energy and industry.
|
|
Slow U.S. economic growth raises the potential impact of events including the U.S. elections, resolution of the “fiscal cliff” and another increase in the debt ceiling. Global Economist Derek Hamilton analyzes the key issues for growth, including the potential for a resurgence in manufacturing.
|
|
The following encapsulates the observations of Tom Butch, CEO and president of Ivy Funds Distributor, Inc., who joined other Ivy Funds executives on a recent nine-day trip to a number of cities in China.
|
|
Troubled by the continued refrains of “European Debt Crisis,” “Slowing Growth in China,” and “U.S. fiscal Cliff,” among others, it feels as though the financial markets have been in a bit of an inescapable morass for more than a year.
|
|
As 2012 began, economic forecasters were optimistic about future global growth
opportunities. But at midyear, growth rates again are disappointing forecasters both here and abroad, and recent events have added even more uncertainty for the global economy.
|