Posts By: Gerard P. Sullivan

Investing for growth even when businesses don’t

Despite the recovering economy, capital spending by U.S. businesses has yet to pick up in a meaningful way. Businesses still have record amounts of cash on their balance sheets, but rather than investing for future growth, many are choosing to … Continue reading »

Fed policy had impact on equity sectors

Financials and consumer discretionary stocks performed well in the risk-on environment of the third quarter. Also among cyclical stocks, we saw basic materials advance in the quarter. I believe this is due in large part to economic stimulus from the … Continue reading »

Corporate earnings growth rate may have peaked

We are getting more signs that there may be earnings disappointments on the horizon, but I believe investors are prepared for this. In fact, expectations were low coming into the third quarter, but I believe the market acknowledged that even … Continue reading »