Financial Professionals


May 2013 Capital Markets Calendar

Joe Terranova

SPX Earnings Scorecard

Joe Terranova
As of Friday, April 26, 2013, 270 S&P 500® (SPX) companies had reported earnings for the first calendar quarter of 2013. Last week’s 170 companies reporting completed the largest earnings week of the season.

ECB Rate Cut is Priced In

Joe Terranova
The first three days of May present global markets with critical economic data releases and central bank meetings.

Earnings Scorecard

Joe Terranova
As of Friday, April 19, 102 S&P 500® (SPX) companies have reported earnings for the first calendar quarter of 2013.


Joe Terranova
Sunday evening, April 14, 2013, first quarter GDP for China (Fig 1.1) was reported at 7.7%, below consensus estimates for 8% growth and the 7.9% reported for the fourth quarter of 2012.

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.