Many investors are focused on Jackson Hole, Wyoming this week as the heads of central banks and Federal Reserve Chair Janet Yellen meet there. Will there be news to rattle the markets? Chris Matthews covers the meeting for Fortune. Although stocks have shown some of their major daily and weekly declines for the year recently, Liz Ann Sonders of Schwab seems cautiously optimistic. Schwab Market Perspective explains the numbers behind her position and offers a forecast. An unusual blend of events is probably behind the rise of the S&P to 1950. Advisor Perspectives examines the forces that are driving the markets and helps investors prepare for the coming months.
Will Yellen Rattle Markets From Jackson Hole?- Janet Yellen, head of the Federal Reserve, and other leaders of major central banks will gather this week near Jackson Hole, Wyo., to discuss regulations and interest rates. Market watchers will be looking for signs that Yellen is ready to increase rates.
Schwab Market Perspective: Skittishness– According to Liz Ann Sonders and her team at Schwab, the U.S. economy appears to be strengthening, leaving them optimistic on the longer-term outlook for stocks. Likewise, worries over the Fed and the timing of the first rate hike have increased, but the initial stages of a tightening cycle tend to be positive for equities. http://www.schwab.com/public/schwab/nn/articles/Market-Perspective?r=true
Strange Days Indeed– In the dog days of summer, investors are buying both US Stocks and Treasuries. Why the pull toward two asset classes that normally diverge? It could be a simultaneous expression of bullishness and hedge against risk. http://advisorperspectives.com/commentaries/allianz_081914.php
We hope you enjoy reading these articles along with us and that you find them informative. Please forward this to your friends and family.
John R. Day, Bill Ennis, Stephanie Davidson and Matt Heller