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Moderate Rebound Still Expected For US Economy In Q2 GDP Data
The government’s second-quarter GDP report scheduled for later this month is still on track to post a moderate recovery in output, based on the median…
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James Picerno
Industrials Holding On To Lead As Top Equity Sector In 2025
In a volatile year for stocks, as tariffs and other factors roil expectations and keep investors on edge, industrial stocks are the market darlings…
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James Picerno
10-Year US Treasury Yield ‘Fair Value’ Estimate: 16 July 2025
The market premium for the US Treasury yield edged lower in June, based on analysis using a “fair value” estimate.
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James Picerno
The Everything Rally In 2025 Rolls On
Judging by the headlines, there’s a lot to worry about.
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James Picerno
Will Tariffs Derail The Bull Run In Global Equities Ex-US?
A single decision has been crucial for a global equities strategy this year: selecting the weights for foreign vs.
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James Picerno
Book Bits: 12 July 2025
● Should the World Fear China?
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James Picerno
Momentum Is Still 2025’s Top Performer For Equity Risk Factors
In a dizzying year of economic news, along with numerous twists and turns in financial markets, the performance leadership for the momentum factor…
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James Picerno
Economic and Financial Predictions: Betting Markets | 09 July 2025
There are numerous ways to predict economic and market outcomes, each with its own set of pros and cons.
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James Picerno
Rebound Outlook Softens For US Q2 GDP Nowcast
The US economy remains on track to rebound in the second quarter after the modest contraction in Q1, but the expected bounce has downshifted, based on…
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James Picerno
Bond Market Will Struggle To Price In Conflicting Risk Factors
The week ahead will provide early clues for two very different risk factors looming for the bond market.
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James Picerno
Total Return Forecasts: Major Asset Classes | 02 July 2025
The long-run expected total return for the Global Market Index (GMI) ticked higher for a third straight month in June, rising to an annualized 7.3% from…
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James Picerno
Major Asset Classes | June 2025 | Performance Review
Stocks in emerging markets extended their rally in June, posting the strongest gain for the major asset classes last month, based on a set of ETFs.
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James Picerno
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