Home Logon FTA Investment Managers Blog Subscribe About Us Contact Us

Search by Ticker, Keyword or CUSIP       
 
 
 
Blog Home
Bob Carey
Chief Market Strategist
Bio
X •  LinkedIn
 

  Not A Bad Call
Posted Under: Broader Stock Market
Supporting Image for Blog Post

 
View from the Observation Deck

  1. The feature article in our April 2008 Quarterly Market Overview was the following: "Time for U.S. investors to bring some of their dollars home."
  2. We published this newsletter around 11 months before the bear market in equities ended on March 9, 2009.
  3. One of the things we noticed heading into 2008 was that investors had funneled a net $490 billion into "World Equity" funds from 2003-2007, according to Investment Company Institute (ICI) data.
  4. Over that same five-year period, investors only committed a net $173 billion (ICI) to U.S. equity funds. They had recognized that returns were better overseas. 
  5. From 12/31/02-12/31/07, the cumulative total return for the S&P 500 was 82.8%, compared to 178.2% (USD) for the MSCI World (ex U.S.) Index and 373.3% (USD) for the MSCI Emerging Markets Index.
  6. The chart shows that the S&P 500 has outperformed year-to-date (thru 8/31), over the past 12 months, three years, and since we published our forecast touting U.S. equities (3/31/08).
  7. We believe that while investors should always consider being properly diversified, there are occasions where returns can be potentially boosted by overweighting one or more asset classes.  
  8. For the record, we still favor the prospects for U.S. equities for the remainder of this year and in 2013.
Posted on Tuesday, September 18, 2012 @ 4:16 PM • Post Link Print this post Printer Friendly

These posts were prepared by First Trust Advisors L.P., and reflect the current opinion of the authors. They are based upon sources and data believed to be accurate and reliable. Opinions and forward looking statements expressed are subject to change without notice. This information does not constitute a solicitation or an offer to buy or sell any security.
Search Posts
MARKET ANALYSIS
Market Commentary and Analysis
•Market Commentary Video
•Monthly Talking Points
•Quarterly Newsletter
•Market Observations
Subscribe To Receive Email
 


 PREVIOUS POSTS
• Still In a Bull Market Cycle
• Companies Have Plenty Of Cash, Decent Earnings & Relatively Low P/Es
• Plan Participants Investing More In Hybrid Funds
• Perspective on the Numbers
• Some Of The Asset Classes That Can Flourish When Interest Rates Rise
• Preferred Securities Still Compelling In Current Climate
• 3 In A Row
• Stocks Continue To Perform Well Despite All The Bad News
• High Yield Corporate Bonds Popular With Investors Seeking Income
• How Investors are Investing
Archive
Skip Navigation Links.
Search by Topic
Skip Navigation Links.

 
The information presented is not intended to constitute an investment recommendation for, or advice to, any specific person. By providing this information, First Trust is not undertaking to give advice in any fiduciary capacity within the meaning of ERISA, the Internal Revenue Code or any other regulatory framework. Financial professionals are responsible for evaluating investment risks independently and for exercising independent judgment in determining whether investments are appropriate for their clients.
Follow First Trust:  
First Trust Portfolios L.P.  Member SIPC and FINRA. (Form CRS)   •  First Trust Advisors L.P. (Form CRS)
Home |  Important Legal Information |  Privacy Policy |  California Privacy Policy |  Business Continuity Plan |  FINRA BrokerCheck
Copyright © 2024 All rights reserved.