Perspectives Blog

European equities – Should investors care about periphery vs. core anymore?

Dan Ison, Portfolio Manager | January 13, 2014

…ferent regions and asset classes. 2013 saw a phoenix-like resurgence in interest for European equities with an interesting mix of winners and losers. The best performing markets (all returning more than 33% for the year) were Greece, Finland and Ireland. Of the larger markets, Germany, The Netherlands and Spain were the best performers while France, UK and Italy were the worst. Four years since the start of the Euro Crisis (Greece late 2009), can…

The coming divide in state credit quality

Ty Schoback, Senior Municipal Analyst | June 3, 2014

…ence – states we deem to be fiscal leaders – and are now in the enviable position of debating what to do with newfound budget surpluses. In particular, two states stand out: California, which was being compared to Greece just a few years ago, and Michigan, which has shown significant fiscal improvement in the face of much-maligned local government credit weakness. Conversely, there are the states that have squandered the unusually hig…