Bob Doll, Chief Equity Strategist at money manager Nuveen Asset Management, examines the recent weakness in commodities and continues his ongoing question of ‘what can be sustained?’ "U.S. equities declined last week as the S&P 500 fell by more than 2.0%, which came on the heels of a new all-time high the prior week.1 Led by gold, commodities experienced volatility and declined over the past two weeks. Other detractors included disappointing first quarter Chinese economic numbers and somewhat softer U.S. releases." Download Full Commmentary Here Get Free Research Reports about Nuveen Asset Management [+] Read More

"What can be sustained?" is the big question asked by Nuveen Asset Management’s Chief Equity Strategist Bob Doll. "U.S. equities struggled last week as the S&P 500 was down approximately 1%. The weak jobs report released on Friday seems to indicate that the U.S. remains mired in a muddle-through economy. After a couple of months where signs were more positive, recent data is disappointing. Although the first quarter was relatively strong, we anticipate that the first and second quarters will average out to the 2% to 2.5% real growth we have been forecasting, with nominal growth under 5%." [+] Read More

"What can be sustained?" is the big question asked by Nuveen Asset Management’s Chief Equity Strategist Bob Doll. "U.S. equities struggled last week as the S&P 500 was down approximately 1%. The weak jobs report released on Friday seems to indicate that the U.S. remains mired in a muddle-through economy. After a couple of months where signs were more positive, recent data is disappointing. Although the first quarter was relatively strong, we anticipate that the first and second quarters will average out to the 2% to 2.5% real growth we have been forecasting, with nominal growth under 5%." Download Full Commmentary Here Get Free Research Reports about Nuveen Asset Management [+] Read More

Bob Doll, Chief Equity Strategist at Nuveen Asset Management, opines on the latest from Cyprus and other weekly events. "Equity averages sagged slightly last week. Strength later in the week made up for earlier weakness as the equity rally paused for the Cyprus crisis. We (and the consensus) perceive Cyprus as mainly a local problem and believe it supports our view to remain cautious with Eurozone weightings." Download Full Commmentary Here Get Free Research Reports about Nuveen Asset Management [+] Read More

Nuveen Asset Management’s Chief Equity Strategist, Bob Doll, takes a look at the European and U.S. Political Decisions that lie ahead. "Last week U.S. equities continued to rise and the S&P 500 increased approximately 2% as fundamentals moved in a positive direction. The U.S. household deleveraging seems to have advanced to a stage that will allow the pace of growth to accelerate later this year. The Fed is unlikely to tighten policy prematurely. The European Central Bank (ECB) is willing to be the lender of last resort, which has dramatically diminished the risk of contagion throughout Europe. China appears to have passed the worst of the growth slowdown phase." Download Full Commmentary Here Get Free Research Reports about Nuveen Asset Management [+] Read More

Nuveen Asset Management’s Chief Equity Strategist, Bob Doll, provides his thoughts on the outcome of the sequestration vote in Congress. "U.S. equities advanced marginally last week, as the S&P 500 increased its gain to approximately 6.9% for the year. Markets were in a holding pattern during February, with minimal change in global equities or credit spreads and a slight rally in bonds. Broadly speaking, U.S. markets outperformed world markets and the dollar rallied." Download Full Commmentary Here Get Free Research Reports about Nuveen Asset Management [+] Read More

Nuveen’s latest commentary focuses on the three major issues facing congress at the moment: Raising the debt ceiling, funding the U.S. government and surviving sequester. "Last week U.S. equity averages were up roughly half of one percent. The most significant economic statistic was the trade deficit - which widened substantially compared to expectations - taking close to half of one percent off of GDP for the fourth quarter. We assume some of that will be offset in December." Download Full Commmentary Here Get Free Research Reports about Nuveen Asset Management [+] Read More