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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe expect a lot of value unlocked from high-quality bonds, says John Hancock's Emily RolandEmily Roland, John Hancock Investment Management co-chief investment strategist, joins 'Squawk Box' to discuss the latest market trends, the Fed's inflation fight, why she believes the Fed will keep rates high until something breaks, and more.
Persons: John Hancock's Emily Roland Emily Roland, John Organizations: John Hancock Investment Management
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHigh-quality industrials in the midwest are one of the best places to look: John Hancock's MiskinMatt Miskin, John Hancock Investment Management co-chief investment strategist, joins 'Squawk Box' to discuss the latest market trends, why he believes there are parts of the market that are relatively cheap right now, rest of year outlook, and more.
Persons: John Hancock's Miskin Matt Miskin, John Organizations: John Hancock Investment Management
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Brian Belski, Bryn Talkington, and Emily RolandBrian Belski, chief investment strategist at BMO Capital Markets, Bryn Talkington, Requisite Capital Management managing partner, and Emily Roland, John Hancock Investment Management co-chief investment strategist, join 'Closing Bell' to discuss the state of the markets.
Persons: Brian Belski, Bryn Talkington, Emily Roland Brian Belski, Emily Roland, John Organizations: BMO Capital Markets, Bryn, Capital Management, John Hancock Investment Management
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCNBC Pro at Future Proof: Finding quality stocks in an uncertain marketCNBC Senior Markets Correspondent Bob Pisani sits down for an interview with John Hancock Investment Management Co-Chief Investment Strategist Emily Roland from the Future Proof conference in Huntington Beach, California to discuss finding quality American stocks in an uncertain market and why bond yields could be headed for a decline
Persons: Bob Pisani, Emily Roland Organizations: CNBC, John Hancock Investment Management Locations: Huntington Beach , California
U.S. stocks are the best place for investors compared to their international counterparts, according to Emily Roland, co-chief investment strategist at John Hancock Investment Management. "The U.S. is simply holding in better than the rest of the world," Roland said in an interview from the conference in Huntington Beach, California. "I would call it the cleanest shirt in dirty laundry today." Roland said part of her reasoning stems from her outlook that quality stocks will perform better in a late-cycle environment. But Roland said investors need to act quickly, as bond yields will likely "come down in a meaningful way" into the next recession.
Persons: Emily Roland, Roland, CNBC's Bob Pisani, Organizations: John Hancock Investment Management Locations: Huntington Beach , California, U.S
Many view healthcare as a defensive sector because it has constant demand and is somewhat insulated from the economy. In the latest week, investors pulled a net $1.4 billion from the sector, the biggest weekly outflow since May 2022. Overall, the healthcare sector - which ranges from health insurers like UnitedHealth to pharmaceutical companies like Pfizer to small biotechs - has received the third largest inflows of any sector year to date, BofA's data showed. This would weaken the case for loading up on healthcare stocks. Overall, healthcare sector earnings are expected to lag this year as COVID-related revenues decline 13% versus a 1.8% rise for the overall S&P 500.
Persons: Brendan McDermid, Bob Kalman, Emily Roland, Dan Lyons, Janus Henderson, you've, Lyons, Kalman, Joe Biden's, Margie Patel, Patel, David Randall, Ira Iosebashvili, Megan Davies, David Gregorio, Richard Chang Organizations: New York Stock Exchange, REUTERS, Atlanta Federal, BofA Global Research, Pfizer, Miramar Capital, Healthcare, John Hancock Investment Management, Janus Henderson Investors, U.S, Bristol Myers Squibb, Allspring Global Investments, Thomson Locations: New York City, U.S
"The U.S. consumer is on thin ice coming into the final stretch of 2023," said Emily Roland, co-chief investment strategist at John Hancock Investment Management. Further declines in the labor market will likely act as a double-edged sword for investors, relieving some inflation pressures while weighing on consumer spending. Overall consumer spending rose slightly more than expected in August, while the savings rate fell to its lowest since November 2022, the Commerce Department said on Thursday. Betting against the consumer spending has so far been a losing wager. (This story has been corrected to say BNY Mellon Investment Management, not BNY Mellon, in paragraph 10)Reporting by David Randall; editing by Megan Davies and Andy SullivanOur Standards: The Thomson Reuters Trust Principles.
Persons: Caitlin Ochs, Nordstrom, Macy's, Emily Roland, Jake Jolly, Gregory Daco, Young, Jason Draho, Sandy Villere, Mellon, David Randall, Megan Davies, Andy Sullivan Organizations: New York Stock Exchange, REUTERS, Apollo Group . Department, John Hancock Investment Management, of Labor Statistics, Commerce Department, BNY Mellon Investment Management, Treasury, Ernst, Atlanta Fed's, UBS Global Wealth Management, Royal Caribbean Cruises, Villere, Thomson Locations: New York City, Russia, Ukraine, New York, U.S
This year, it’s largely been a different story, with bond yields rising on better-than-expected economic data. The S&P 500 (.SPX) has rallied over 16% from its March lows, despite a roughly 50 basis point increase in the yield on the benchmark 10-year Treasury note over that time. That dynamic has changed in recent days, however, as Treasury yields have approached last year’s high while the S&P 500 has fallen 2% from its July peak. The bank’s analysts called rising yields "an underpriced risk" for the equity market. The S&P 500 fell 2.3% last week, its biggest weekly drop since March.
Persons: Brendan McDermid, it’s, Keith Lerner, Moody's, Peter Tuz, Refinitiv, Lerner, Matthew Miskin, Lewis Krauskopf, Ira Iosebashvili, Grant McCool Organizations: New York Stock Exchange, REUTERS, Federal Reserve, U.S ., BofA Global Research, Advisory Services, Fitch, Apple, Chase Investment, John Hancock Investment Management, Thomson Locations: New York City, U.S, United States, China, Charlottesville , Virginia, Truist
This year, it’s largely been a different story, with bond yields rising on better-than-expected economic data. The S&P 500 (.SPX) has rallied over 16% from its March lows, despite a roughly 50 basis point increase in the yield on the benchmark 10-year Treasury note over that time. That dynamic has changed in recent days, however, as Treasury yields have approached last year’s high while the S&P 500 has fallen 2% from its July peak. The bank’s analysts called rising yields "an underpriced risk" for the equity market. The S&P 500 fell 2.3% last week, its biggest weekly drop since March.
Persons: Brendan McDermid, it’s, Keith Lerner, Moody's, Peter Tuz, Refinitiv, Lerner, Matthew Miskin, Lewis Krauskopf, Ira Iosebashvili, Grant McCool Organizations: New York Stock Exchange, REUTERS, Federal Reserve, U.S ., BofA Global Research, Advisory Services, Fitch, Apple, Chase Investment, John Hancock Investment Management, Thomson Locations: New York City, U.S, United States, China, Charlottesville , Virginia, Truist
Watch CNBC's full interview with the 'Closing Bell' panel
  + stars: | 2023-07-31 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with the 'Closing Bell' panelMeera Pandit, J.P. Morgan Asset Management, Alicia Levine, BNY Mellon, and Emily Roland, John Hancock Investment Management, join 'Closing Bell' to discuss Levine's thoughts on the current market footing, Rowland's thoughts on inflation and more.
Persons: Meera Pandit, J.P, Alicia Levine, BNY Mellon, Emily Roland, John Organizations: Morgan Asset Management, John Hancock Investment Management
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailInflation will keep moderating so Fed won't raise rates after today, says Moody's Mark ZandiEmily Roland, John Hancock Investment Management co-chief investment strategist, Subadra Rajappa, Societe Generale head of U.S. rates strategy, and Mark Zandi, Moody’s Analytics chief economist, join 'The Exchange' to discuss the upcoming decision from the Federal Reserve.
Persons: Mark Zandi Emily Roland, John, Subadra, Mark Zandi Organizations: John Hancock Investment Management, Societe Generale, Federal Reserve
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe're seeing the broadening that we've been looking for, says John Hancock’s Emily RolandEmily Roland, John Hancock Investment Management co-chief investment strategist, joins 'Squawk Box' to discuss the latest market trends, rest of the year outlook, and more.
Persons: John Hancock’s Emily Roland Emily Roland, John Organizations: John Hancock Investment Management
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailInvestors want to be 'drafting' right now by limiting risk and trailing, says John Hancock's RowlandEmily Roland, co-chief investment strategist at John Hancock Investment Management, joins 'Squawk Box' to discuss how the market's rally has made the strategist feel, how investors can 'draft' the market, and more.
Persons: John Hancock's Rowland Emily Roland Organizations: Investors, John Hancock Investment Management
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTechnology stocks are the poster child for quality, says John Hancock Investment's Emily RolandEmily Roland, John Hancock Investment Management co-chief investment strategist, and Joe Terranova, Virtus Investment Partners chief market strategist, join 'Closing Bell' to discuss market anticipation for a Fed pivot, the ongoing tech rally, and the bullish read of market technicals.
Persons: John Hancock, Emily Roland Emily Roland, John, Joe Terranova Organizations: Technology, John Hancock Investment Management, Virtus Investment Partners
Megacap technology and growth stocks, which benefit from lower interest rates, have led the market's advance. A Congressional package raising the debt ceiling, meanwhile, is expected to cap spending on government programs. The debt ceiling impasse had weighed on stocks in recent days, but for the most part investors had been expecting Washington to reach a deal. At the same time, the equity market has only just begun to start pricing in more Fed hikes, she added. "The ongoing effects of monetary policy now are setting us up for this wall of debt that people aren't talking about with enough vigor," he said.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe equity market is defying gravity right now, says John Hancock's Emily RolandEmily Roland, Co-Chief Investment Strategist at John Hancock Investment Management, joins 'Squawk Box' to discuss how the market is bracing for key inflation and corporate results this week.
The 2-year Treasury yield has been swinging sharply and "acting like a meme stock," a top strategist at John Hancock said on Tuesday. The inverted yield curve is telling the Fed it's making a mistake by not cutting interest rates, said strategist Emily Roland. "When the two-year Treasury yield is acting like a meme stock there's a lot of uncertainty here around Fed policy," she added. But the 2-year yield — moving around 4% on Tuesday — has been on a roller coaster since early March. The 2-year yield at 4% was higher than the 10-year yield at 3.43% on Tuesday, creating an inverted yield curve widely seen as signaling an oncoming recession.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNewEdge's Cameron Dawson and John Hancock's Emily Roland break down Monday's market actionCameron Dawson, NewEdge Wealth chief investment officer, and Emily Roland of John Hancock Investment Management, join 'Closing Bell' to discuss the outlook ahead for the second quarter of 2023.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBetter balance sheet companies, earnings stability and high ROE are pockets of opportunity: John Hancock strategistMatthew Miskin, co-chief investment strategist at John Hancock Investment Management, joins 'Closing Bell' to discuss where investors could find opportunities in the market and why he thinks growing estimates for financials, industrials and consumer discretionary are too high for 2023.
Among the big tech stocks, Apple Inc (AAPL.O) has fallen 1.5% over that time, while Microsoft Corp (MSFT.O) climbed 3.4% and Intel Corp (INTC.O) rose over 7%. Large tech stocks generally screen well on "quality" metrics, such as balance sheet strength and profit margins, heightening their allure when economic uncertainty arises, said Matthew Miskin, co-chief investment strategist at John Hancock Investment Management. Reuters GraphicsA swift tumble in Treasury yields is also helping boost tech stocks. Tech shares were pummeled in 2022 as the Federal Reserve's aggressive rate hikes drove up Treasury yields, hurting "long duration" assets such as tech stocks. The utilities sector (.SPLRCU) has climbed 1% since last Wednesday, consumer staples (.SPLRCS) has slipped 0.5%, while healthcare (.SPXHC) has dipped 1%.
Here's what the latest inflation data could mean for the markets
  + stars: | 2023-03-14 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHere's what the latest inflation data could mean for the marketsKrishna Guha, Evercore ISI vice chairman, and Emily Roland, co-chief investment strategist at John Hancock Investment Management, join 'Squawk on the Street' to discuss how much pressure the Fed has not to raise rates next week, Roland's thoughts on the Federal Reserve's next moves and more.
"Last year it was really easy to hide out in defensives," said Anthony Saglimbene, chief market strategist at Ameriprise Financial. When compounded by the fact that some defensive stocks carry relatively expensive valuations, investors may avoid them even if the broader market sours. The S&P 500 was last up 3.7% in 2023, but had pulled back since posting its best January performance since 2019. However the sector's financial prospects this year are relatively weak; S&P 500 healthcare earnings are expected to fall 8.3% against a 1.7% increase for the overall S&P 500, according to Refinitiv IBES. Should concerns about recession spike, as they did last year, defensives could outperform again on a relative basis, according to investors.
"Last year it was really easy to hide out in defensives," said Anthony Saglimbene, chief market strategist at Ameriprise Financial. When compounded by the fact that some defensive stocks carry relatively expensive valuations, investors may avoid them even if the broader market sours. The S&P 500 was last up 3.7% in 2023, but had pulled back since posting its best January performance since 2019. However the sector's financial prospects this year are relatively weak; S&P 500 healthcare earnings are expected to fall 8.3% against a 1.7% increase for the overall S&P 500, according to Refinitiv IBES. Should concerns about recession spike, as they did last year, defensives could outperform again on a relative basis, according to investors.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOnshoring is a secular trend that benefits U.S. mid cap industrials, says John Hancock's Emily RolandEmily Roland of John Hancock Investment Management and Charlie Bobrinskoy, vice chairman and head of investment group at Ariel Investments, join 'The Exchange' to discuss Fed policy expectations, recession risks and industrial mid-caps benefiting from secular trends.
January CPI accelerates, but trend easing
  + stars: | 2023-02-14 | by ( ) www.reuters.com   time to read: +9 min
Data for December was revised higher to show the CPI gaining 0.1% instead of the 0.1% fall as previously reported. “It's not going to necessarily influence the Federal Reserve one way or another. "You have a little bit of a negative reaction because these numbers are not going to take the pressure off the Federal Reserve. "The real issue is what is the Federal Reserve going to do, it's pretty widely expected that they're going to raise rates both at their March meeting as well as their May meeting. "There's not much there for the Federal Reserve to give them some sort of a justification for taking their foot off the brake and reducing interest rates."
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