WrapManager's Wealth Management Blog

Geneva Advisors provides the first quarter 2013 net performance of their All Cap Growth Strategy, along with their most recent economic commentary and outlook. "The U.S. equity markets recorded first quarter gains that we believe could be sustainable. The S&P 500 Index increased 10.6% in the three months ended March 31. Growth in domestic Gross Domestic Product during the first quarter bounced back from the slim gain recorded in the final three months of last year. The current outlook is for continued gradual economic growth for the remainder of the year." [+] Read More

Investment Advisor Magazine's International SMA Money Manager of the Year for 2012, Cambiar Investors, reviews this past quarter and provides their global outlook for 2013 in their latest investment commentary. "International equities had a mixed quarter, as developed markets (MSCI EAFE Index) posted a 5.1% gain, while the MSCI Emerging Markets Index declined by 2.1%. After a strong start to the year, buyer's fatigue appeared to set it. An uptick in negative newsflow (banking crisis in Cyprus, election in Italy, increasing tension between North Korea and South Korea) further incentivized investors to move to the sidelines in the back half of the quarter." Download Cambiar Investors' Full Commentary Here Get Free Research Reports on Cambiar Investors [+] Read More

Louis Navellier addresses the “sell in May and go away” idea and what he believes will continue to sustain the bull market. “The S&P 500 rose 1.74% last week. NASDAQ did even better (+2.28%) and the Russell 2000 rose 2.5%, virtually erasing the previous week’s losses. Since domestic smaller-cap stocks have an advantage as long as the dollar remains strong, I expect the Russell 2000 to continue to outperform the S&P 500. As May approaches, I feel there is no advantage in “selling in May and going away,” since you have an opportunity to score market-beating profits by focusing on stocks that surprise Wall Street with rising earnings. In addition, this bull market seems to have some strong “legs” to support it, namely the powerful impact of stock buybacks.” [+] Read More

Bob Doll, Chief Equity Strategist at Nuveen Asset Management, comments on the recent economic slowdown and what it could me for equities. “U.S. equities rebounded last week as the S&P 500 increased by nearly 1.8%, despite continued weak economic data. We believe recent data is not yet weak enough to change forecasts. The relative stability of data and forecasts - supported by stimulative monetary policies, an improving U.S. housing market and fading political polarization in the U.S. and Europe - sends a message of reasonably low volatility and manageable downside risks.” [+] Read More

Bob Doll, Chief Equity Strategist at money manager Nuveen Asset Management, examines the recent weakness in commodities and continues his ongoing question of ‘what can be sustained?’ "U.S. equities declined last week as the S&P 500 fell by more than 2.0%, which came on the heels of a new all-time high the prior week.1 Led by gold, commodities experienced volatility and declined over the past two weeks. Other detractors included disappointing first quarter Chinese economic numbers and somewhat softer U.S. releases." Download Full Commmentary Here Get Free Research Reports about Nuveen Asset Management [+] Read More

Louis Navellier addresses the “sell in May and go away” idea and what he believes will continue to sustain the bull market. "The S&P 500 rose 1.74% last week. NASDAQ did even better (+2.28%) and the Russell 2000 rose 2.5%, virtually erasing the previous week’s losses. Since domestic smaller-cap stocks have an advantage as long as the dollar remains strong, I expect the Russell 2000 to continue to outperform the S&P 500. As May approaches, I feel there is no advantage in "selling in May and going away," since you have an opportunity to score market-beating profits by focusing on stocks that surprise Wall Street with rising earnings. In addition, this bull market seems to have some strong “legs” to support it, namely the powerful impact of stock buybacks." Download Full Commmentary Here Get Free Research Reports about Navellier & Associates, Inc. [+] Read More

Discussing many timely topics, money manager Calamos Investments’ latest commentary predicts a market correction in the near future, asks when QE3 will end and reviews the potential of emerging market economies. "Against the backdrop of accommodative monetary policy, the global economy continued its recovery, although at a decidedly uneven pace. Equity markets advanced on the whole (Figure 1). Once again, the news was most encouraging in the United States. Fourth quarter U.S. corporate earnings came in strong, with more than two-thirds of firms beating expectations. Sequestration worries contributed to volatility, particularly in the early portion of the quarter, but passage of a new continuing resolution prevented a shutdown in Washington. Both the Dow and the S&P 500 Index reached new heights, surpassing levels not seen since October 2007." Download Full Commmentary Here Get Free Research Reports about Calamos Investments [+] Read More

JP Morgan’s Quarterly Guide to the Markets for the second quarter 2013 is now available.* This comprehensive guide focuses on the latest information about equities, the economy, fixed income, international markets and various asset class performance for the quarter. *For current and previous editions of JP Morgan's Guide to Markets click here. Download JP Morgan's Full Commentary Here Get Free Research Reports on JP Morgan [+] Read More

Louis Navellier begins the second quarter by commenting on the latest jobs report and what it means for the stock market. “The unease in Korea and a disappointing jobs report on Friday delivered the biggest weekly loss of the year so far, but the decline wasn’t all that bad – a 1% drop in the S&P 500 and a slight (0.1%) drop in the Dow. However, many smaller stocks fared worse – with the Russell 2000 declining 3% last week and NASDAQ off nearly 2%. As I’ve been saying in recent weeks, the market is becoming more selective, so investors need to be more attentive to company-specific news and trends.” Download Navellier's Full Commentary Here Get Free Research Reports on Navellier & Associates [+] Read More