January 05, 2018

PGIM experts: Corporate spending will determine tax reform’s effect

The success of the most far-reaching U.S. tax overhaul in decades will depend on whether American companies invest their tax windfall on expanding hiring and production capacity or save it for dividends and share buybacks that, while they increase shareholder value, do little for economic growth, according to three PGIM thought leaders.

January 02, 2018

Quincy Krosby: Data releases may be market mover in shortened week

This holiday-shortened week brings a heavy package of data for investors to absorb, while geopolitical concerns continue to hover over the markets, Prudential’s Chief Market Strategist Quincy Krosby said Tuesday in her weekly “Connecting the Dots” outlook.

December 26, 2017

Quincy Krosby: Low trading volumes expected globally during holiday week

There will be a thinly traded market during the holiday week with a light package of data releases, Prudential’s Chief Market Strategist Quincy Krosby said Tuesday in her weekly “Connecting the Dots” outlook.

December 20, 2017

Quincy Krosby’s Q1 2018 Commentary: Turning the Page

With a new year comes potential market movers new and old, ranging from cryptocurrency to corporate capital spending to a possible tax-law overhaul. Quincy Krosby, Prudential’s chief market strategist, provides a guide to what we are facing in the first quarter in her Q1 2018 market commentary: Turning the Page

December 18, 2017

Quincy Krosby: Will traders hit the sell button on the tax reform vote news?

Despite a calendar of important economic data this week, the tax reform plan takes center stage as it most likely makes it back to both houses of Congress for a vote – one the market expects to be a “yes,” Prudential’s Chief Market Strategist Quincy Krosby said Monday in her weekly “Connecting the Dots” outlook.

December 11, 2017

Quincy Krosby: Start of Bitcoin futures trading dominates market news

It’s Bitcoin Monday, with the cybercurrency dominating news coverage as it begins trading today on a major exchange for the first time, Prudential’s Chief Market Strategist Quincy Krosby said Monday in her weekly “Connecting the Dots” outlook.

December 04, 2017

Quincy Krosby: Tax reform, $69 billion megadeal, jobs report among potential market movers

The Senate’s passage of its version of a tax reform bill is being greeted by the market as a viable sign that congressional Republicans are determined to get a deal signed, sealed and delivered to the president’s desk as quickly as possible, Prudential’s Chief Market Strategist Quincy Krosby said Monday in her weekly “Connecting the Dots” outlook.

November 27, 2017

Quincy Krosby: Incoming Fed Chair confirmation hearing, Yellen testimony, tax reform among market movers

Jerome Powell’s Federal Reserve chairman confirmation hearing will be followed by investors and traders as he explains how he would handle an economic crisis and why he thinks inflation remains stubbornly low, Prudential’s Chief Market Strategist Quincy Krosby said Monday in her weekly “Connecting the Dots” outlook.

November 20, 2017

Quincy Krosby: Economic data releases mark Thanksgiving-shortened trading week

In a holiday-shortened trading week, there is still important data for the market to digest, including the index of leading economic indicators, existing home sales, durable goods orders and minutes from the latest Federal Reserve meeting, Prudential’s Chief Market Strategist Quincy Krosby said Monday in her weekly “Connecting the Dots” outlook.

November 13, 2017

Quincy Krosby: Market will focus on inflation, retail sales, consumer sentiment and tax reform headlines

There is much for the market to absorb this week, particularly on inflation data, retail sales and consumer confidence, Prudential’s Chief Market Strategist Quincy Krosby said Monday in her weekly “Connecting the Dots” outlook.