Commodity Investing Beyond Oil, Gold

OCEAN CITY — Broad commodity index prices are higher this year, along with those of equities and bonds. The growth reverses last year’s decline and stands in contrast to disappointing returns for commodities since prices of most asset classes bottomed in 2009. However, institutional investors continue to underweight commodities by about 15%, according to the… Read more »

Be Selective When Weighing Overseas Opportunities

OCEAN CITY — U.S. equities continue to hit all-time highs, causing some investors to become increasingly uneasy. International developed markets, on the other hand, still stand roughly 20% below their pre-crisis high.We favor European and Japanese equities, as relatively attractive valuations and accommodative money policies should provide tailwinds going forward. Investors should position themselves more… Read more »

Counting On The Consumer

OCEAN CITY — The U.S. economy’s dismal first-quarter performance is now in the rear-view mirror, and we expect growth to pick up for the remainder of the year.Consumer spending, which accounts for 70% of gross domestic product (GDP) in the United States, is one of the driving factors.Our colleagues in BofA Merrill Lynch (BofAML) Global… Read more »

Easier To Buy Growth Than Build It

OCEAN CITY — As we move toward the second half of the year, one of the more positive trends we see in capital markets is an increase in corporate mergers and acquisitions (M&A). This year has brought a notable rebound in transaction volume and corporations have indicated they are allocating more cash to M&A.Through the… Read more »