According to the FACTSET June 7, 2109 Earnings Insight report, analysts’ projections for the S/P 500 Index have remained positive. We follow these estimates closely since earnings are one of the main drivers of stock market performance. For the current 2019 year, the latest analyst consensus estimate…
-Possible Fireworks Ahead On June 10, 2019, RTN and UTX agreed to merge their aerospace and defense operations. The proposal is complex since RTN holders will only be merging with the UTX defense operations after UTX spins off its Otis and Carrier divisions. At the end of the transaction, UTX holders…
Investors looking to add fixed income exposure face an unusual environment. The major developed nations’ markets are offering very low or even negative returns on government bonds. In today’s market, for example, the yield on the ten-year German bund is negative 0.1%. Similarly, the ten-year…
Colleen Kelleher Sorrentino launched the asset management business for Wall Street Access in 1995 and currently helps individuals, families, foundations, and corporations build diversified, multi-asset-class portfolios for their liquid assets. In addition to working with clients to design appropriate…
An interview with Colleen Kelleher Sorrentino - including the best part of her job, the most challenging part, and who she considers her role model.