As 2013 comes to a close, both the economic and asset recovery in Europe continues to defy skeptics.
On the afternoon of Wednesday, November 20, the Federal Open Market Committee (FOMC) released the minutes from its October 29-30 meeting.
On Tuesday morning, November 19, Home Depot Inc. (HD), the largest domestic home improvement retailer, reported Q3 earnings.
The S&P 500® Index (SPX) established another new all-time of 1791.53 on Thursday, November 14. Beginning Monday, November 18, there are only 30 trading days remaining in 2013.
Strong year-to-date gains in broad-based equity indices are attracting increased media attention, now that interest in the U.S. budget and debt ceiling crises has temporarily waned.
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.