Insights / Blogs

Insights / Blog

Diverse views influence the investment decisions we make. Here, my colleagues and I share those perspectives to help you navigate global market and economic developments.

James Swanson
Chief Investment Strategist
Why I Blog | About Me

February 06, 2016

Never Resting On Our Laurels

by Michael Roberge, MFS Co-CEO, President and Chief Investment Officer

MFS is pleased to be named among Barron's Best Mutual Fund Families for 2015. But, as long-term investors, we're more honored to be included in the 5- and 10-year categories in Barron's annual study. Such recognition reflects a part of our DNA as skilled active managers: An ability to effectively navigate difficult markets — like we experienced in 2015 — on behalf of our clients.

February 05, 2016

The Week in Review: Fed Fears Ebb With Mixed US Jobs Data

For the week ended 5 February, 2016

Global equity prices remained choppy late in the week as markets have begun to price in a more moderate tightening cycle from the US Federal Reserve. Markets no longer expect a further rate hike in March, and at the moment Fed futures are not pricing in any further increases for the balance of 2016. The US dollar slumped this week as the market priced-out the Fed and oil prices stabilized. 

February 03, 2016

Risk Budget: Spend It Wisely

For those who budget, time is an asset. Wise spending decisions often take longer to bear fruit. Committing to a budget long-term could potentially lower one's debt and improve their cash flow. Blow the budget with short-sighted spending decisions, however, and what might have been a good financial outcome turns undeniably less certain.

February 01, 2016

The Long And The Short Of It

A New Year's resolution is a classic example of how good long-term intentions can get derailed by short-term actions. And it's usually just about this time — a few weeks into the New Year — when people start to get distracted from those good intentions and long-term plans. Consider how many people resolve to get fit, and join a gym at the beginning of the year with an eye toward a long-term life change. The minute something more near term gets in the way, however — whether it's work, family or even bad weather—they stop going and give up on their long-term fitness plans. We've seen much of the same in the investment community—a growing tendency for long-term intentions to get derailed by short-term actions.

January 29, 2016

This Week in Review: Markets Boosted By Move From ZIRP to NIRP

For the week ended 29 January 2016
  • Bank of Japan adopts negative interest rate policy
  • US growth slows in Q4
  • Fed holds rates steady, leaves options open for future hikes
  • ECB's Draghi takes critics to task
  • Russian economy contracts most since 2009

Global markets got a boost late in the week as the Bank of Japan unexpectedly adopted a negative interest rate policy. Combined with expectations for further action from the European Central Bank in March, and a more gradual US Federal Reserve rate-hiking cycle, markets are pricing in an even lower-for-longer global rate environment.