Portfolio Compass | September 19, 2019
We favor large caps as the business cycle ages, though recent small cap strength suggests large cap leadership may have been stretched…
Portfolio Compass
Portfolio Compass | August 21, 2019
We have maintained our S&P 500 Index year-end fair value target of 3,000 despite our lowered economic and earnings growth forecasts amid trade uncertainty…
Portfolio Compass | July 19, 2019
Stock valuations remain favorable in our view even with the S&P 500 Index near our year-end fair value target of 3,000…
Portfolio Compass | June 19, 2019
We maintain our year-end 2019 fair value target for the S&P 500 Index of 3,000. Despite a slight reduction in our 2019 S&P 500 earnings forecast and heightened trade tensions…
Portfolio Compass | May 16, 2019
We expect a transition to large cap market leadership and away from small cap stocks in 2019 as the economic cycle ages.
Portfolio Compass | April 18, 2019
We maintain our slight preference for value due to attractive relative valuations after a sustained period of growth out performance.