Beyond Bulls & Bears

The Market Implications of US Tax Reform a Bit Unclear
Multi-Asset

The Market Implications of US Tax Reform a Bit Unclear

"Some market observers have expressed optimism that US tax reform will prove bullish for stocks—and the economy overall—but the reality is that there will be some winners and losers and we don’t ultimately know what the magnitude of the impact will be.” -Ed Perks, CIO, Franklin Templeton Multi-Asset Solutions

European Drama Hasn’t Derailed US Growth

European Drama Hasn’t Derailed US Growth

We believe headwinds to growth have been easing and what the current leg of the US expansion has perhaps lacked in intensity may very well be made up for by a transition to a more durable or lengthy expansion.

Optimism, Pessimism and Opportunity

Optimism, Pessimism and Opportunity

I would characterize the action in energy stocks over the past few months as herd mentality at its worst. For us, it’s about identifying the good companies that are getting thrown out with the bad, and that’s been a significant focus of ours for the last several months.

A Balanced Look at Equity, Fixed Income Fundamentals—and Oil Price Fears

A Balanced Look at Equity, Fixed Income Fundamentals—and Oil Price Fears

Our current view is that oil markets will likely stabilize over the next several quarters as demand improves and production growth slows to a more manageable pace. More importantly, however, is that many energy-related securities now appear to discount commodity prices at or below the low end of our estimated long-term intrinsic value ranges.

Casting a Wide Asset Net in a Volatile Sea

Casting a Wide Asset Net in a Volatile Sea

It’s fair to say that investors will likely never be fully comfortable with market volatility. But actively managing the inevitable bumps that ...

Meet the Manager: Ed Perks

Meet the Manager: Ed Perks

Sequestration Stings

Sequestration Stings