ING Investment Management Market Perspectives
Government Shutdown Doesn’t Shut Down Markets in October
The stage was set for a stock market selloff in October, but equities treated investors to another round of across-the-board gains.
Global Perspectives: Weekly Commentary and Statistics
U.S. stock markets rallied on Friday after a stronger-than-expected payroll report and generally positive economic news. Nonetheless, the S&P 500 Index posted its first weekly loss in almost two months. Stocks markets around the world generally lost ground for the week as well. Yields rose on the benchmark ten-year Treasury.
Asset Allocation Views: Policy Continues to Dictate Global Markets
Strong payroll data increased the possibility of Fed action before year-end, though March remains the consensus call for tapering to begin. Meanwhile, the ECB acted aggressively in the face of a weak inflation print, and a Chinese policy meeting resulted in a series of proposed reforms that — if enacted — may put the country’s growth path on more-stable footing.
Fixed Income Perspectives - November 2013
There’s plenty of be thankful for this holiday season, as multiple helpings of quantitative easing and nearly five years of zero interest rate policy appear to have roused the economy from its stupor. With the Fed likely to remain quite dovish even as tapering commences, a healthy appetite for domestic equity and fixed income assets should persist.
Market Review: October 2013: In Sight of Chaos
October began in the most inauspicious of manners, with the government in partial shutdown and the Treasury’s borrowing authority only weeks away from exhaustion. By mid-month, however, both of these conditions had been addressed, to the satisfaction of markets if not the populace. With government dysfunction sidelined for the time being, equities continued to surge.
Market Review: Third Quarter 2013: For Tension
After spending much of the quarter on pins and needles waiting on word of tapering from the Federal Reserve, markets found something far more insidious to fret over as September drew to a close. The battle over the government shutdown has bled into the battle over the debt ceiling and served as a reminder — as if one was needed — that a contentious Washington remains a threat to the economy’s post-crisis rebound.