Author Archives: Sam Wardwell

About Sam Wardwell

Sam Wardwell, CFA, is Senior Vice President and Investment Strategist at Pioneer Investments. He joined Pioneer in 2003.

Equities Off to a Soft Start – Oil Story Continues to Unfold

Auto sales were strong in December, dominated by truck and SUV sales, as manufacturing continued to be solid. Unemployment ticked further downward to 5.6% but as a byproduct of lower employment participation. After reaching record levels in December, stocks began … Continue reading

Posted in Economy, Emerging Markets, Equity, Fixed Income, Industry Insights, Markets | Tagged | Leave a comment

As 2014 Winds Down, the ‘Santa Claus Rally’ Rolls On

Final Q3 U.S. GDP growth was revised up 5.0% last week, at the fastest pace in 11 years (since Q3 2003). A revision up from 3.9% to 4.3% was expected. Through three quarters of the year – including the weather-impacted … Continue reading

Posted in Economy, Equity, Fixed Income, Markets | Tagged , , , , , | Leave a comment

Fed Refreshes Punch Bowl Just in Time for Holidays

Last week U.S. oil plunged sharply then rebounded to end the week down just 1%. The Russian ruble had an even wilder run for the week ‑ down 25% at one point before recovering. Did oil find a bottom? U.S. … Continue reading

Posted in Economy, Equity, Fixed Income, Industry Insights, Markets, Multi Asset, Uncategorized | Tagged , , | Leave a comment

Bad News for Oil Bulls, But Consumers Like Money for Other Stuff!

Last week in the capital markets the oil selloff resumed and took the stock market with it. It was bad news for oil bulls, but consumers like lower gasoline prices, auto sales remain strong, and November retail sales beat expectations. Although … Continue reading

Posted in Economy, Equity, Fixed Income, Industry Insights, Markets | Tagged , | Leave a comment

The U.S. Economy – A December to Remember

On average, December has been good for the U.S. stock market, and this year should be no exception. The U.S. economy remains strong, despite weakness outside the U.S. (more on that below). Solid manufacturing data and an improving labor market … Continue reading

Posted in Economy, Equity, Fixed Income, Markets | Tagged , , , , , | Leave a comment