4 Reasons Why the VIX May Double in the Next Year

By: Brett Olsen – Nicholas J. Elward There has been much discussion lately about how stock market volatility is at near historic lows. The Chicago Board Options Exchange Volatility Index® (or VIX)1, a measure of implied or future volatility, is at a level of roughly 11 as of October 24, 2017. If one looks at the…

Looking Back at “Whatever It Takes”: Europe’s Economic Renaissance

By: Josh Pritchard July 26, 2017 marked the fifth anniversary of European Central Bank (ECB) President Mario Draghi’s fateful statement to a panel discussion in London that had gathered to discuss the future of the Eurozone. At the time, there were concerns that Europe’s currency union could collapse as the result of massive debt burdens held…

Understanding Subdued Market Volatility

By: D. David Jilek, RMA, CAIA® On June 2, the Chicago Board Options Exchange Volatility Index® or VIX1 reached a year-to-date closing low of 9.75, just above its all-time low of 9.31 in December 1993. While some have expressed a view that widespread volatility selling2 has driven volatility to “artificially” low levels, we do not share this view. We…

Midyear Outlook: Interpreting Today’s Markets and What May Lie Ahead

DAVID LAFFERTY, CFA® Senior Vice President and Chief Market Strategist Natixis Global Asset Management — U.S. Distribution As we move into the second half of 2017, there may be a sneaking suspicion among investors that something is askew. While the market news flow is heavy, the markets themselves are eerily quiet. Realized and implied volatilities…

Interesting Times: What the Shift from Monetary to Fiscal Policy May Mean for Stocks

By: Dan Hughes The U.S. economy has added jobs for over 77 months in a row. Unemployment is at the lowest levels seen post-World War II. In many parts of the country, there is a shortage of skilled labor. In sum, the economy is doing well. With the S&P 500® up 15.75% for the one-year period…

Understanding the U.K. Snap Election Results

By: Lynda Coye – Josh Pritchard British Prime Minister Theresa May called for a “snap election” on June 8 – but the results were, to say the least, not what she and fellow members of her Conservative Party expected. The basics Under the United Kingdom’s parliamentary system of government, voters do not elect the prime minister…

The Long Bull Run: Is It Too Late for Investors to Consider Stocks?

DAVID LAFFERTY, CFA® Senior Vice President and Chief Market Strategist Natixis Global Asset Management — U.S. Distribution Global equity markets have now entered the ninth year of their rally off the March 2009 bottom. “How long can the equity rally last?” is the most frequent question we get from clients and advisors. In one recent…

Brexit Update: One Year After the UK Voted to Leave the EU

TRACEY E. FLAHERTY Senior Vice President, Government Relations and Retirement Strategy Natixis Global Asset Management It’s been a year since voters in the United Kingdom surprised the world by voting to take their leave of the European Union. In March 2017, Prime Minister Theresa May invoked Article 50 of the Treaty of the European Union,…

POTUS and Portfolios: The First 100 Days and Beyond

DAVID LAFFERTY, CFA® Senior Vice President and Chief Market Strategist Natixis Global Asset Management — U.S. Distribution April 29 marked President Donald Trump’s 100th day in office. Since FDR, the first hundred days of a presidency have acquired near mythical status as a measuring stick, although it is to some degree a ridiculous standard. To…

Trumponomics: Hope vs. Reality

DAVID LAFFERTY, CFA® Senior Vice President and Chief Market Strategist Natixis Global Asset Management — U.S. Distribution Throughout most of 2015-16, we had been writing about central banks and the effects of their extremely accommodative policies. It seemed to be all that mattered for global markets. When would the Fed raise and by how much?…

Advisor Atlas: Republicans and Trump in the New Administration

SUSAN R. OLSON Vice President of Government Relations Natixis Global Asset Management — U.S. Distribution As President Trump and the Republican-controlled Congress take office, they bring the potential to generate dynamic change in many areas of the financial services industry and markets more broadly. These areas include business regulation, tax policy, and trade policy –…

Welcome to the White House: Unpacking Trumponomics

DAVID LAFFERTY, CFA® Senior Vice President and Chief Market Strategist Natixis Global Asset Management — U.S. Distribution The electoral votes have been counted. Congress has certified. Cabinet members have been nominated and are being confirmed. The inaugural parade made its way to the White House. The Trump Train has arrived. Change is what happens over…

Seven Strategies for 2017

DAVID GOODSELL Executive Director of the Durable Portfolio Construction Research Center Natixis Global Asset Management – U.S. Distribution How do you face up to the challenges? Our research into the markets, investors, and portfolios has uncovered seven unique strategies that if properly implemented could help to better position financial professionals to take on this new era…