“Industry Perspectives” 3Q 2019
For all of the excitement that transpired in the 3rd quarter, it was remarkable that the U.S. equity market eked out a modest increase of 1.70% for the quarter, as measured by the S&P 500 Index. While the absolute returns continue to help extend the longest bull market on record, the rapidly-changing environment continues to increase the volatility in the market to whatever the flavor of the day is.
In this latest Industry Perspectives, we discuss:
- Oil prices are being affected by the changing landscape in oil production and America’s role in cushioning the world markets from geopolitical supply shocks.
- A resolution to the current trade dispute between the U.S. and China is expected within the next six months.
- Additional interest rate cuts will have little effect on anxieties over trade uncertainty and delayed capital spending by corporations.
We get to know the companies we invest in and learn how they run their business.
Top-Down & Bottom-Up
We identify Top-Down broad, secular growth trends and search for companies from the Bottom-Up.
We construct our portfolios based on our own proprietary investment strategy.
Sticking to our disciplined investment strategy ensures we maintain a consistent, balanced approach.
Sign Up for Automatic Updates
Stay up-to-date with the most recent media coverage and press releases about the Buffalo Funds.