Why We Believe U.S. Equities Are Still Overvalued
The S&P 500, while not exorbitantly expensive as in 2000, remains pricey nonetheless.
Research Publications Archive
The Maturation of European Style
Value continues to best growth as style distinctions evolve.
Dividends: Are Companies Willing & Able?
With corporations awash in cash, investors should expect (and demand) higher dividends.
European Bonds: Choose Your Benchmark Wisely
The benchmark choice may be more important than valuations.
Japan Still Bullish
The pieces are finally in place for a long-awaited recovery in corporate earnings.
Looking for Themes in a Range-Bound Market
Large-cap indices are benefiting from high-quality stocks this year.
Navigational Aids for European Venture
Investors must be highly selective when considering commitments to European venture capital funds.
Emerging Markets Equities: Still Attractive
While emerging markets have struggled in 2004, the risk-reward trade-off for the asset class remains quite favorable.
What Next for Equities?
Following a period of stellar earnings growth, U.S. equity valuations have improved, but remain high as earnings momentum begins to decelerate.
The Perils of Market Timing
What happens if a market timer misses the most important days or months?