September 2013 Capital Markets Calendar

Joe Terranova

Syria Impacts the Markets How?

Joe Terranova
Late Monday, August 26, U.S. Secretary of State John Kerry alerted Syria that it would be held accountable for using chemical weapons. Subsequent price action for the S&P 500® Index (SPX) (Figure 1) has reversed the market’s attempt to restore July’s bullish momentum.

Emerging Markets

Joe Terranova
The MSCI Emerging Markets Index (MXEF) declined 2.65% this past week and is now down 11.6% for 2013. The MXEF declined on the week despite the late week stabilization for U.S. equity markets.

Five Charts to Watch

Joe Terranova
Since the release of my third quarter playbook “State of Confusion” in early July, it seemed as though the Fed-driven market confusion that began in late May had given way to clarity in the early stages of the third quarter.

Dual Mandate: Labor and Inflation

Joe Terranova
Thursday, August 15, presents a strong roster of economic data to give investors further insight into the potential for the FOMC to initiate tapering at its September 17-18 meeting.

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.