Value opportunities gain traction in turmoil
Beneath dire headlines about plunging markets, we are seeing value opportunities assert themselves.
Category: Equity
The dollar could be a drag on dividends
The stronger U.S. dollar can challenge corporate earnings and the ability of companies to pay dividends.
Market surprises can favor the prepared
While companies strive to meet market expectations, it’s often the unexpected changes in markets that can create opportunities for active managers.
Mid-term elections can lift stocks
In the aftermath of U.S. mid-term elections, it is worth noting the performance of stocks during similar periods in history.
Labor force changes leave restaurants feeling the pinch
A lackluster U.S. economic recovery and declining consumer sentiment often get blamed for weak sales at restaurants. However, another important factor has emerged: Fewer women are working outside the home. Weaker consumer spending U.S. consumers continue to curb spending in the wake of the recession because they remain worried about losing their jobs in today’s
Brazil shines for some luxury goods makers
It can be challenging for a retail manufacturer to break into foreign markets, particularly when draconian import duties lead to price inflation and frustrate the growth of the retailer’s brand. Penetrating new geographies can be especially challenging for the luxury goods seller, as a key attraction for luxury consumers may involve where a product is
Chinese tourists become big spenders
Tourists from China spent more money abroad in 2012 than tourists from any other country. At US$102 billion, Chinese international tourism eclipsed — by 20% — the total amount spent by either German or U.S. tourists. Only seven years earlier, China spent less than one-third of what these two countries spent on travel. As massive
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 return cash to shareholders, either in the form of dividends or stock buybacks. And investors
International markets rouse from their slumber
The global economy is finding new engines of growth in the developed markets. U.K. policy mix has improved In the United Kingdom, we see a balance of fiscal retrenchment and stimulative monetary policy, which is lending support to key sectors such as financials. This has contributed to the momentum of the country’s overall recovery as