Portfolio Manager Jack Janasiewicz discusses equity market performance, opportunities and risks.

  • Since its lows in late March, there have been three periods where the S&P 500® sold off more than 7%, and each time the market recovered and pushed to higher levels.
  • Sentiment indicators have improved, but are far from euphoric, and show a mix of bullish and bearish tilts.
  • Unprecedented fiscal and monetary response, in the US and globally, has supported market levels so far.
  • Our base case remains that reopening will continue in the US, but it will be choppy and uneven.
CFA® and Chartered Financial Analyst® are registered trademarks owned by the CFA Institute.

This material is provided for informational purposes only and should not be construed as investment advice.

The views and opinions expressed are as of July 10, 2020 and may change based on market and other conditions. Unless otherwise noted, the opinions of the speakers provided are not necessarily those of Natixis Investment Managers or any of its affiliates.

There can be no assurance that developments will transpire as forecasted. Actual results may vary.

Performance data discussed represents past performance and is no guarantee of, and not necessarily indicative of, future results.

S&P 500® Index is a widely recognized measure of U.S. stock market performance. It is an unmanaged index of 500 common stocks chosen for market size, liquidity, and industry group representation, among other factors. It also measures the performance of the large cap segment of the US equities market.

Provided by Natixis Distribution, L.P., 888 Boylston St., Boston, MA 02199. Natixis Investment Managers includes all of the investment management and distribution entities affiliated with Natixis Distribution, L.P. and Natixis Investment Managers S.A.

3165207.1.1