Financial Professionals

Insights

The Strongest Headwinds

08/23/2010
Joe Terranova
The equity market recovery in July has encountered multiple headwinds in August. I believe it began with Wednesday, August 11th’s import data from China (Fig 1.1).

China PMI

08/03/2010
Joe Terranova
During the last week of July, market expectations for the upcoming China PMI began to fall, somewhat dramatically.

Oil Market Update

08/02/2010
Joe Terranova
Oil inventories continue to rise here in the United States; in fact, they are approaching the uncomfortably high levels of May 2009.

A Good Inning!

08/01/2010
Joe Terranova
For all the negative sentiment that flavored our 4th of July bar-b-ques, I would say the month of July caught most money managers by surprise.

Choke Up On The Bat

07/19/2010
Joe Terranova
The S&P 500 Index aggressively declined 2.88% on Friday, July 16, quickly dropping the monthly gain for the Index to 3.315%.

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.