WrapManager's Wealth Management Blog

John P. Calamos and Nick P. Calamos of money manager Calamos Investments give their thoughts on the recent market downturn and surrounding events. "Throughout July, market participants grew increasingly apprehensive about global growth and government debts. As anxieties bubbled over in early August, the see-sawing in the markets gave way to frenetic gyrations. Investors are rightly concerned about many of the issues facing the U.S. and global economies, but we continue to caution against emotion-driven reactions, whether markets are advancing or declining." Download Full Commmentary Here Get Free Research Reports about Calamos Investments [+] Read More

Money manager Janus reviews need to know information about inflation and the implications to the global equity and fixed income markets. "Rising inflationary pressures have become a greater concern for many investors. In a recent roundtable discussion, Janus Portfolio Managers John Eisinger and Matt Hochstetler, and Head of Fixed Income Strategy Colleen Denzler, weigh today's potential inflation risks. The group offers insights about the recent climb in commodity prices, the challenges firms may face with margin compressions and how the changing inflation landscape is shaping opportunities across fixed income and equity markets worldwide." Download Full Commmentary Here Get Free Research Reports about Janus Capital Management LLC [+] Read More

BlackRock's Municipal Bond Management Committee reviews recent developments in the muni bond market. "We maintain a neutral view for the market, but with a bias toward greater risk taking through increased exposure to municipal credit. Recent favorites have included names in the transportation and hospital sectors. We remind investors that careful credit research and selectivity remain important in the still uncertain economic and market environment." Download Full Commmentary Here Get Free Research Reports about Blackrock Inc [+] Read More

Money managers John and Nick Calamos of Calamos Investments dissect many of the issues the world is waiting on to be decided. "Even though we may find ourselves in a waiting game as the global financial markets and economy navigate the current challenges, we are not sitting by passively. We see opportunities, and we are acting on them. Reflation, the growth and prosperity of emerging markets, global corporate competition and the technology revolution are creating a breadth of investment choices for us." Download Full Commmentary Here Get Free Research Reports about Calamos Investments [+] Read More

Money manager Lazard is out with their latest quarterly commentary regarding Emerging Market equity and fixed income. "Over the next 12 to 18 months, we believe that the outlook in emerging markets remains relatively strong and that growth rates will slow to a healthy level. Furthermore, we continue to expect headline inflationary pressures to subside as growth declines marginally and liquidity tightening measures work their way through emerging markets economies. Perhaps most importantly, we believe that valuations are reasonable in emerging markets, given this backdrop." Download Full Commmentary Here Get Free Research Reports about Lazard Asset Management [+] Read More

Money manager Alliance Bernstein discusses slower than expected growth during the first half of the year and makes a prediction for the coming second half. "US economic growth fell short of our forecast in the first half, owing to unexpected weakness in construction and defense, a spike in energy prices and supply disruptions. We expect faster growth in the second half, driven by gains in auto output and strong liquidity flows - if job markets gain traction." Download Full Commmentary Here Get Free Research Reports about AllianceBernstein LP [+] Read More

Money manager Avatar Associates takes a look at prospects for the second half of 2011 and the track record of analysts and their predictions. "While second quarter profits may be encouraging against a shaky background, if managers suggest that their expectations for the immediate future have moderated, then the hoped-for second half revival will face a serious challenge. Incidentally, analysts are strongly guided by these management assessments. And if analysts have never correctly forecast trouble ahead, perhaps it is because neither has management. It is usually a case of going over the waterfall together. So if management actually does see a slowdown ahead, we should all take note." Download Full Commmentary Here Get Free Research Reports about Avatar Associates [+] Read More

Lord Abbett's Senior Economist Milton Ezrati writes an excellent and in depth piece focusing on Japan, its current situation and prospects for the future. "Japan still plays a critical role in the global supply chain and the global economy generally. Still, it cannot generate electricity or staff factories. And Japan now needs to do both. The questions, then, to consider are: 'How soon, if ever, will Japan recover its former productive role? And how will the shock of the recent disaster change the Japanese economy's long-term direction?'" Download Full Commmentary Here Get Free Research Reports about Lord Abbett Company Llc [+] Read More

Money manager Churchill Management Group reviews the current market correction and their top-down indicators, which remain mostly bullish. The history of the unwinding of a secular bear market is also explored, comparing economic similarities between the 1930s and today. "If history repeats itself as we expect, it should come with the "buying opportunity of a lifetime" that we have referred to in the past." Download the Full Churchill Commentary Here Get Free Research Reports about Churchill Management Group [+] Read More