Intelligent Index Review 4th Qtr 2015

Intelligent Index Review 4th Qtr 2015

Despite the long anticipated FOMC decision to raise interest rates and the increase in volatility that returned in earnest during the fourth quarter, the S&P 500 managed to gain 7% for the quarter and finish the year marginally positive. The Intelligent Index...
Fixed Income Review: Fourth Quarter 2015

Fixed Income Review: Fourth Quarter 2015

The fourth quarter saw the Federal Reserve raise interest rates for the first time since 2006, signaling an end to the zero interest rate environment of the last several years. At the December FOMC meeting, Chairwoman Janet Yellen increased the federal funds rate by...
Outlook on the United States – Lazard Outlook

Outlook on the United States – Lazard Outlook

As we exit 2015, the United States continues to be arguably one of the brightest spots in the global economy. However, investor sentiment is understandably mixed as many sources of uncertainty that emerged in 2015 are poised to extend into the year ahead. We highlight...
Seasons Greetings and Year-End Reminders

Seasons Greetings and Year-End Reminders

It seems as if just yesterday we were preparing our mid-year update, yet with the blink of an eye we are once again immersed in the holiday season. In this newsletter we would like to provide clients and colleagues with not only firm updates, but also helpful...