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Modern global capital markets are incalculably complex. However, we must still attempt to navigate them in order to achieve good financial outcomes. Virtus offers perspective on understanding markets more clearly.

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Brief and colorful insights focused on major market trends.
z - Cover Image: 3Q 2018 Vital Signs: Following the Leaders
2018 Q3 Vital Signs: Following the Leaders

Nearly a decade into the post-2008 crisis era, this bull market has featured not just sizable returns and relatively little volatility, but strong leadership from a group of powerful, headline-grabbing companies: the “FAANG” stocks (Facebook, Apple, Amazon, Netflix, Google). Diversified portfolios can own these stock market darlings, but are not structured to keep pace with them.

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z - Cover Image: 2018 2Q Vital Signs: The Value Investing Slump
2018 Q2 Vital Signs: The Value Investing Slump

Even when investors abide by tried and true principles, success in the markets is hard because history never repeats. For example, value investing—buying stocks that are cheaper than the overall market—has been a winning strategy for much of the last century. Yet for much of the post-crisis era, growth investing has prevailed, thanks largely to technological innovation in the digital economy. Buying cheaper has not kept pace with chasing trends.

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z - Cover Image: Vital Signs: Q1 2018- Hello, Stranger
2018 Q1 Vital Signs: Hello, Stranger

Market risk never disappears. Sometimes it’s hidden, sometimes it’s ignored. But risk—the potential for loss—is always present. Q1 2018 marked the first negative quarter for equity markets since 2015—only the second quarter out of the last 21. Down quarters are common, so this is not a normal state of affairs. Perhaps investors have become complacent as a result.

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z - Cover Image: Vital Signs Q4 Vaulting Ahead: 2017 in Perspective
2017 Q4 Vital Signs: Vaulting Ahead - 2017 in Perspective

It was a very strong year for all asset classes. Do investors have reasonable expectations for what comes next?

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z - Cover Image: Vital Signs - 3Q17 - Letting it Ride?
2017 Q3 Vital Signs: Letting it Ride?

Being complacent is easy nowadays. With barely a ripple of market volatility lately, many investors have let their portfolios grow organically, perhaps to ride the momentum or avoid the tax hit of selling appreciated winners. As equities and other riskier assets have sharply outperformed, many portfolios have seen these investments eclipse safer harbors. Is it time to take a fresh look to see if your portfolio is balanced appropriately?

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z - Cover Image: Q2 2017: Cycling Through
2017 Q2 Vital Signs: Cycling Through

The rally continues. In the first half of 2017, global markets extended their long streak of solid gains with limited volatility. Beneath the headline gains, however, market leadership changed periodically.

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z - Cover Image: Vital Signs - Q1 2017: Smooth Sailing, For Now
2017 Q1 Vital Signs: Smooth Sailing, For Now

In Q1, the market experienced the longest streak of low volatility in over 30 years. An important question to ask ourselves now: What do we need to own in our portfolios that can provide diversification when volatility strikes again?

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1,000 Words Tab

A picture is worth a thousand words. In each issue, we present one insight on a range of market, investment strategy, and behavioral topics. The 1000 Words Series is designed to provoke insightful and memorable conversations.
z - Cover Image: 1,000 Words - Di-worse_ification
Di-worse-ification?

Diversification isn’t working! Such has been the widespread complaint among many investors.

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z - Cover Image: 1K Words - The Reality of Risk
The Reality of Risk

One of the more dangerous ideas in finance is that taking more risk produces higher returns. That's false.

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z - Cover Image: 1,000 Words - Forks in the Road
Forks in the Road

Personal finance is all about decisions.

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z - Cover Image: 1K Words - Roller Coasters
Roller Coasters

Following the intense volatility of the great crisis in 2008-09, the current bull market has been mostly smooth sailing for nearly a decade.

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z - Cover Image: 1,000 Words- The Spinning World
The Spinning World

A globally diversified portfolio is important for those seeking strong investment performance.

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z - Cover Image: 1,000 Words - The Bond See-Saw
The Bond See-Saw

One of the most important but perplexing relationships in finance is that interest rates and bond prices move in opposite directions.

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z - Cover Image: 1000 Words - Diversification's Rough Edge
Diversification's Rough Edge

Diversification is the bedrock to any well-managed portfolio.

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z - Cover Image: 1K Please Remain Seated
Please Remain Seated

Investor behavior is the primary driver of long-term financial success.

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z - Cover Image: 1000 Words - Compounding, Actually
Compounding, Actually

The math behind positive and negative compounding can play tricks on the eyes.

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z - Cover Image: 1000 Words - Volatility Happens
Volatility Happens

The stock market is often calm

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Market leadership changes from year to year and predicting the winning style is impossible. These tables highlight the importance of diversification.
z - Cover Image: Elements Chart - Asset Diversification
Asset Class Diversification

Asset class leadership changes year after year—but it’s not possible to predict future winners. Diversification is the answer.

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z - Cover Image: Elements Chart - Sector Diversification
Sector Diversification

Sector leadership changes year after year—but it’s not possible to predict future winners. Diversification is the answer.

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z - Cover Image: Elements Chart - Country Diversification
Country Diversification

Country leadership changes year after year—but it’s not possible to predict future winners. Diversification is the answer.

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Monthly market review podcasts featuring Virtus' Chief Market Strategist Joe Terranova and Director of Investment Education Brian Portnoy, Ph.D., CFA.
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December 2018 "Vital Signs" [Podcast]

2018 in Perspective

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November 2018 "Vital Signs" [Podcast]

October was a newsworthy and noteworthy month in the markets. What happened?

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October 2018 "Vital Signs" [Podcast]

Bonds are struggling in 2018. Should investors be concerned?

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September 2018 "Vital Signs" [Podcast]

Why does the 2008 crisis still loom large for so many investors?

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August 2018 "Vital Signs" [Podcast]

U.S. corporate earnings are strong. Is there any sign of slowing?

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July 2018 "Vital Signs" [Podcast]

July market review podcast featuring Virtus' Chief Market Strategist Joe Terranova and Director of Investment Education Brian Portnoy, Ph.D., CFA

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June 2018 "Vital Signs" [Podcast]

In 2018's second half, what positive or negative tilts can investors and their advisors consider for a diversified portfolio?

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May 2018 "Vital Signs" [Podcast]

2018 has brought an increase in volatility. Where is the signal in all this noise?

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April 2018 "Vital Signs" [Podcast]

The new normal of volatility and an emphasis on communication between investors and advisors.

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March 2018 "Vital Signs" [Podcast]

Diversification is the answer to weathering volatile markets.

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February 2018 "Vital Signs" [Podcast]

The market quiet is over.

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January 2018 "Vital Signs" [Podcast]

What are the top-of-mind items investor should think about as they bridge into 2018? Will inflation be part of the conversation? More so than it's been for a while?

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December 2017 "Vital Signs" [Podcast]

As investors enter the holiday season and begin thinking about their playbook for next year, what are one or two big things to consider?

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Joe Terranova's Market Insights: November 2017 "Vital Signs" [Podcast]

Monthly market review podcast featuring Virtus' Chief Market Strategist Joe Terranova and Director of Investment Education Brian Portnoy, Ph.D., CFA.

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Joe Terranova's Market Insights: October 2017 "Vital Signs" [Podcast]

As investors think about the end of the year and into 2018, what are the next steps? What's really important for the month of October? Virtus Chief Market Strategist Joe Terranova discusses this and other timely investment topics with Brian Portnoy, Director of Investment Education in the latest monthly installment of the Virtus Vital Signs podcast.

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Joe Terranova's Market Insights: September 2017 "Vital Signs" [Podcast]

What should be on investors’ minds as they sent their kids off to school in September and focus on their portfolios once again? Virtus Chief Market Strategist Joe Terranova discusses this and other timely investment topics with Brian Portnoy, Director of Investment Education in the latest monthly installment of the Virtus Vital Signs podcast.

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