Voya Investment Management Market Perspectives
Global Perspectives 2014 Midyear Update
Markets have looked past the early-2014 economic cold spell as fundamentals heat up and systemic risks wane.
Global Perspectives: Weekly Commentary and Statistics
While a flare-up in geopolitical risks —including the downing of a passenger jet over Ukraine and the launch of a ground offensive by Israel into the Gaza Strip — sent equity markets plunging on Thursday, indices quickly righted themselves on Friday to deliver a slightly positive week overall. Yield on the benchmark ten-year Treasury fell to its lowest level in seven weeks before bouncing back slightly, while the CBOE Volatility Index spiked nearly 40% before retreating.
Asset Allocation Views: Assessing our Forecasts at Midyear
While recent data support our view that U.S. economic growth has resumed after a sharp first-quarter contraction, Europe remains unable to build momentum. China, meanwhile, has begun to stabilize.
Fixed Income Perspectives - June 2014
With interest rates trading below central bank expectations and volatility at rock-bottom levels, it appears as if the market believes the Fed will normalize policy at a dovish pace despite the improving economy. It’s hard to disagree.
Market Review -- June 2014
June 2014: Remember to Forget Ever-surging equity markets appeared content during June to treat the first quarter’s weather-assisted economic shellacking as little more than a peculiarity on which it is best not to dwell. Indexes continued to churn higher — the S&P 500, for example, posted eight new closing highs last month alone — in the face of basement-level volatility as investors focused on improving economic data and expectations for accelerating earnings growth.
Market Review: First Quarter 2014: Beneath the Waves, an Ocean
First Quarter 2014: Beneath the Waves, an Ocean Markets turned choppy in the first quarter, buffeted by everything from weather-related economic softness to the leadership transition at the Fed to an emboldened Russia flexing its muscles in the Black Sea. Despite the tumult, a number of domestic equity markets surged to new record highs during the period, suggesting a steady supply of support below the potentially destabilizing swells.