Financial Professionals


FOMC Supports Emerging Markets

Joe Terranova
On Wednesday afternoon, September 18, the Federal Open Market Committee (FOMC) released its post-meeting statement absent of any asset purchase moderation.

Officially Back?

Joe Terranova
For those of us travelling on the highways and local roads in recent days, it certainly appears that the school year is “officially back.” It also appears, given the considerable traffic jams, that rising gasoline prices are not dampening demand. So much for price elasticity.

"Sell What in May and Go Away" Chart Work

Joe Terranova
Each year as the calendar approaches the month of May, many in the investment community suggest it is time to "sell equities in May and go away." However, in 2013, the optimal investment strategy aligned with "sell in May and go away" was to sell U.S. Treasuries.

August Labor Report

Joe Terranova
On Friday morning, September 6, the Department of Labor released its August labor report. Overall, the report did not meet consensus estimates and the prior month’s previously reported numbers were revised lower.

Strong Global Manufacturing Readings

Joe Terranova
While major U.S. equity exchanges were closed Monday in observance of the Labor Day holiday, several global manufacturing readings were released.

Past performance is not a guarantee of future results.

Virtus Investment Partners provides this communication as a matter of general information. The opinions stated herein are those of the author and not necessarily the opinions of Virtus, its affiliates or its subadvisers. Portfolio managers at Virtus make investment decisions in accordance with specific client guidelines and restrictions. As a result, client accounts may differ in strategy and composition from the information presented herein. Any facts and statistics quoted are from sources believed to be reliable, but they may be incomplete or condensed and we do not guarantee their accuracy. This communication is not an offer or solicitation to purchase or sell any security, and it is not a research report. Individuals should consult with a qualified financial professional before making any investment decisions.