Health-care exchanges provide the biggest uncertainty going into 2014.
Industrial activity remains slow and steady, giving companies a chance to navigate the environment.
Interest rate fears leave several high-quality dividend-paying utilities looking cheap.
Lower commodity prices and a break-up of the European potash cartel have weighed on basic materials stocks year-to-date.
In the battle between consumer product firms and retailers, has the competitive edge shifted?
U.S. oil production shows strength, while political turmoil threatens the global oil supply outlook.
Increasingly bullish sentiment means investors must pick their spots carefully.
Macroeconomic uncertainty and increased price competition paint a troubling fourth-quarter picture for consumer cyclical names.
Rising interest rates have taken their toll, but as the Fed delays dialing back on stimulus, investors are poised to recapture some of their losses.
More than any time since the Depression the municipal market has become a credit market.
Like an ocean liner, the U.S. economy is tough to turn, for better or worse.
We think stockpicking--rather than macro guessing--is the way to excess returns.
REIT prices reset with rising interest rates.
Amid bleak economic signs and a worsening liquidity crunch in China, investors' risk appetite took a further blow in the second quarter.
All eyes were on central banks as volatility returned to both the stock and bond markets.
With a full-fledged economic recovery remaining distant, European stocks turned in a mixed performance.
Investors should remain selective amid a generally uninspiring marketplace, while keeping an eye on secular themes.
Health-care stocks are on a tear as demand slowly returns.
Slowing global industrial activity presents compelling long-term investment opportunities among a handful of companies.
With interest rates rising, will dividend yields keep utilities afloat?
Volatility could return to the financial sector in the second half of 2013.
Once again, the remarkable surge in U.S. crude oil production is a sight to behold.
China's expected infrastructure spending slowdown should pressure commodity prices.
Modest pockets of value emerge among consumer defensive companies.
Fed policy uncertainty, the global macroeconomic picture, and e-commerce competition could curb recent consumer cyclical stock momentum.
The market is still reasonably close to fair value, but we see some potentially deep shifts under the surface.
Even as some fret about Fed actions behind the curtain, the U.S. economy is finding its own strength.
Widening investment-grade credit spreads and rising interest rates lead to losses.
Three key questions come into focus for the muni market, but one reigns supreme.
The macro environment remains favorable toward REITs, but valuations generally appear stretched.
The markets took a stream of negative news and weak economic growth indicators in stride during the first quarter.
Stocks resumed their rally in 2013 as the continued economic recovery, an accommodative Fed, and the resolution of some fiscal issues buoyed the market.
As March set in, early optimism started to taper off, as concerns about China and Europe preponderated.
Recent U.S. economic data bodes well for industrial companies' near-term fortunes.
With two years of stellar returns behind us, our expectations for 2013 are more muted, but some opportunities persist.
With the tech and telecom sectors becoming more fully valued, it's time for investors to be selective.
Utilities show no signs of slowing down with yields that look as good as ever.
Basic materials companies are in a period of very mixed near-term outlook in terms of end-market demand.
The U.S. economy is in decent shape, but we are being even more selective given recent outperformance.
Are consumer staples stocks reaching an inflection point?
Venezuelan oil politics loom large within the energy sector today.
The financial sector is fully valued despite global uncertainties.
U.S. economic volatility is not what the headlines would have you believe.
Get our sector-by-sector take on the bond market, plus our five best bond ideas.
In an overall fairly valued market, it's time to be selective.
Investment-grade bond spreads compress, but rising interest rates lead to a quarterly loss.
Despite the volatility and uncertainty, markets managed to race ahead in the final lap of the year.
Despite ending the final quarter about where they started, stocks turned in solid performance in 2012.
Despite all the turmoil across Europe, most markets ended up in the green in 2012.
Pegging the direction of utilities stocks in 2013 is not for the faint of heart.