Financial Professionals


Tuesday Tidbits

Joe Terranova
Rising equity prices, better profits. What comes next for corporations? Capital spending. Right now capital spending rests near a 40 year low as corporations are still cautious about spending capital to invest. However, sooner or later, you have to come out of the foxhole.

Week of September 28th

Joe Terranova
S and P - Case-Shiller Home Price Index 9am Is the "freefall" in home prices nationwide truly over? We will gain further evidence Tuesday morning @ 9am eastern. The S and P - Case-Shiller home price index gained 2.9 percent in the second quarter from the previous three months, the first increase since 2006.

Energy Update

Joe Terranova
The price of Crude Oil has been a hot topic this week as it has uncharacteristically underperformed relative to other risky asset prices. In fact, the spot price has settled below its' critical 100 day moving average (67.19) for the 1st time since Q1. However, I caution investors, and those SUV loyalists, not to get too excited about a potential 'plunge' in Oil prices or change their investment strategy.

Exit Strategy

Joe Terranova
Even raging market bulls can have a concern, whether it is about the economy or the market itself. I have flagged my concerns about the Fed's exit strategy over the past 6 months. Tremendous liquidity has been poured into the economy and it must be removed shortly.

For the week of September 21st

Joe Terranova
For the week of September 21st, here are the events that matter to investors:

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.