Financial Professionals


China PMI

Joe Terranova
1. China’s September PMI rose from 51.7 to 53.8, above the 52.5 consensus

ISM Preview

Joe Terranova
The week ahead closes September. Since the credit crisis began in the 3rd Quarter of 2008, the first business day of each calendar month has been a highly anticipated day for me.

Post FOMC / Town Hall Thoughts

Joe Terranova
Velma Hart stole the show during Monday’s town hall on CNBC with a brilliant question, “Is this my new reality?”

The Strongest Headwinds

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

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

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.