James Picerno's Comment & Analysis
A complete archive of James Picerno's articles, including current analysis & comment - Page 46
The long-run performance for the Global Market Index (GMI) rose to a 6.3% annualized pace in June, moderately above the previous month’s estimate. The shift marks the second month of firmer...
Global markets rebounded in June after widespread losses in May, based on a set of proxy ETFs. The downside outlier to last month’s rally for the major asset classes: US bonds, which continued...
The US stock market has pulled back after briefly hitting a 14-month high on June 16, but there’s still a case for expecting the recent revival in risk-on sentiment to roll on and push markets...
The Global Market Index fell 1.7% last week (through June 23), marking the first decline for this multi-asset-class benchmark since the final week of May.Equities in Europe and Asia are moderately...
The Federal Reserve paused rate hikes at last week’s policy meeting, but Fed Chairman Jerome Powell told the House Financial Services Committee on Wednesday that more increases were...
Technology is the strongest equity sector to date in 2023, but how you define tech matters for evaluating performance, risk and other factors. That’s tougher than it sounds because there are...
The US economy is still on track to expand in the upcoming second-quarter GDP report, but today’s revised estimate marks a slowdown from recent nowcasts, based on the median estimate via several...
A broad measure of commodities led returns for the major asset classes last week, based on a set of ETFs through Friday’s close (June 16). But even after a strong rally, it’s still not...
There are many factors to consider for choosing how to weigh stocks and bonds in an investment portfolio, and relative yield is on the shortlist. By that standard, the recent surge in the 10-Year...
The Federal Reserve left interest rates unchanged in yesterday’s policy announcement, marking the first time the central bank has not lifted rates since the hiking cycle began in March 2022. But...