Data shows a solid economy, yet markets are acting like recession is around the corner. Russ explains why.
As Russ notes, in a world with few bargains, one stands out: Asia.
As Russ explains, dismal performance of emerging markets this year has make them look like a bargain again.
Value continues to look cheap, however predicting when it will begin to outperform is challenging. Russ suggests one potential catalyst: an unexpected acceleration in nominal economic growth.
Russ describes the signs that gold, notoriously difficult to assess, is starting to look cheap.
As Russ explains the key to asset returns in the first half of 2018 was the dollar, not interest rates.
Russ discusses why the energy sector still looks attractive, despite having struggled recently.
Russ discusses why economic conditions (for now) support low volatility in the markets.
Russ discusses why tech stocks are not only not in a bubble, but reasonably valued.
Russ explains why gold is not working as an effective equity hedge, despite higher volatility.
Is the era of easy financial conditions over? Not yet, says Russ.
Emerging market stocks and bonds are having a rough year, but Russ argues against abandoning the asset class.
Earnings are strong, markets less so. As Russ explains, investors are paying attention to valuations and the economy.
For most of the post-crisis period, defensive stocks have been expensive. Russ suggests that may have changed.
Prospects for a trade war are having an impact on markets, but for bargain hunters, stocks are still expensive. Russ suggests looking outside the U.S.
Many are pointing a finger at Washington for the recent spike in volatility. But, as Russ explains, the catalysts lie elsewhere.
Russ discusses why stocks can still thrive when consumers are confident, but frugal.
Markets are a function of reality meeting expectations. Russ discusses why the expectations are outpacing the reality.
Russ discusses why investors should worry less about higher interest rates and more about the volatility resulting from tighter financial conditions.
Markets have calmed somewhat, but make no mistake: Volatility is back. Russ discusses quality stocks can help in this environment.
Think rising interest rates and higher stock prices are like oil and water? Think again, says Russ, at least for the time being.
Russ reviews the landscape after the selloff and discusses how little has actually changed.
Russ discusses why the case for emerging market stocks right now simply rests on concept of solid global growth.
Russ discusses why the real economy and financial market conditions offer more clues about volatility than political noise.
Can markets repeat the outstanding performance of 2017? Russ discusses why credit market conditions are likely to provide the key clues.
Long-term interest rates remain stuck in a range that has defined the last six years. Russ discusses why 2018 may see more of the same.
Value stocks are cheap, relative to growth, but have lacked a catalyst to rally. Russ discusses why tax cuts could be that spark.
Gold has performed surprisingly well this year. Russ discusses why that might not be the case going forward, and it may be time to pare positions.
Stocks are expensive by most measures. Russ discusses why the bond market can impact whether that can be sustained.
Interest rates are set to move higher, but as Russ explains, we are still a long ways away from the long-term average of 6% 10-year Treasury yields.
High yield bonds have been investor favorite the last year and a half. Russ discusses why that may not last.
Quality stocks may be out of favor in this environment, but Russ explains the important role they can play in a portfolio.
Value stocks have started to show signs of life. Russ discusses why energy and financial stocks are currently the best ways to play the theme.
A downturn for stocks may not be top of mind these days, but one will happen eventually. To prepare for that, Russ discusses why the source of the selloff matters as much as the magnitude.
Russ discusses the reasons why Japan’s equity market may outperform emerging markets.
Consumer spending helps fuel the economy, but, as Russ explains, still sluggish spending continues to limit growth.
With the top two positions at the Federal Reserve soon to be open, Russ discusses how the easy money era goes back a long way.
Russ explores why both risky assets and traditional safe havens have performed well this year, and whether that can continue.
Value stocks have largely sat out the broader market rallies this year. Russ explains why, and what could spark a return to investor favor.
Russ discusses the trend behind the surprising gold rally this year, and why the political drama in D.C. means it may continue.
Whatever happened to the increase in interest rates that was supposed to occur? Russ explains.
Russ discusses an enigma: Stocks continue to climb higher and volatility is at all-time lows while disarray reigns in Washington.
High yield is not responding to the fall in oil prices like it’s 2016. Russ talks why the pain point is lower today than 18 months ago.
Russ explains why investors should pay more attention to the stock-bond correlation coefficient and understand its impact on investment portfolios.
Should soft commodity prices portend slowing growth and concern investors?
Russ discusses why momentum, which has thrashed value this year, could struggle in the second half.
Stocks are getting expensive by traditional measures. Russ takes a look at what history tells us about what could happen next.
Russ discusses why many technology stocks have tumbled recently, without any obvious reason.
Russ explains the different circumstances that have pushed the U.S. dollar downward and what the recent retreat means for your investments.
With political uncertainty on the rise in D.C., will market volatility spike? Russ discusses why the economy and credit markets matter more.
