Our fund managers and analysts comment on market movements and what may be ahead.

     

on August 25, 2015

China's recent moves to devalue its currency amid slowing economic growth have sparked sharp declines in global markets. While the Chinese government moved to arrest the slide by cutting interest rates and reducing reserve requirements to encourage bank lending, the investment environment is likely to remain volatile for some time.


T. Rowe Price Weekly Market Wrap-Ups

August 28, 2015

Review current performance analyses and weekly statistics for stock and bond markets in the U.S. and abroad, including regional and broad-based international indexes and principal currency exchange rates.

T. Rowe Price Monthly Market Wrap-Ups

August 12, 2015

This page provides a recap of last month's key U.S. and international market action, complete with returns for the major averages, a U.S. economic outlook, and timely investment perspectives from T. Rowe Price fund managers.

A Silver Lining to Rising Rates?

July 28, 2015

With the Fed poised to hike rates for the first time since 2006, many investors are concerned about the risks to their bond holdings. But rising rates also have positive aspects for investors with a longer-term horizon, and a bond allocation remains a critical component of a diversified portfolio.

Amid a Mountain of Debt, Puerto Rico Facing Harsh Realities

July 23, 2015

Puerto Rico's debt troubles have accelerated with the government's recent announcement that it is not able to continue servicing its massive public debt. Although the uncertain situation could generate volatility, Hugh McGuirk, head of T. Rowe Price's municipal bond group, says the news was not surprising and explains why the high-quality muni...

Economic Risks From China Equity Decline Appear Manageable

July 23, 2015

We expect China's stock market correction to have limited economic impact, given the modest role that equities play in Chinese household wealth. Although equity valuations have moved back toward rational levels—at least for the larger, less speculative companies—our approach remains cautious, especially in the renminbi-denominated A shares market.

Emerging Market Equities: Careful Stock Selection Is Key

July 16, 2015

Emerging markets (EMs) continue to perform well, but performance within individual markets has shown a high degree of dispersion. For some, lower commodity prices and the relative strength of the U.S. dollar are evoking comparisons of EM crises of the 1990s. Today, however, most parts of the EM world are in a very different place.

Uncertain Climate in Global Fixed Income Markets

July 16, 2015

There is a high level of uncertainty in global fixed income markets at midyear, highlighted by recent turbulence in many sovereign markets. Amid divergent and less predictable central bank policy, the range of potential outcomes is wide, and higher volatility seems certain...

What's Next For Greece?

July 10, 2015

On July 5, the Greek public delivered a resounding 'No' on the European Union's proposed bailout terms that were required for continued financial assistance. However, while the referendum outcome is a powerful endorsement of the current Greek government, what comes next is a highly uncertain path, possibly culminating in Greece exiting the eurozone...

Leadership Passes to Non-U.S. Markets

July 9, 2015

Non-U.S. equities were lifted by a combination of trends in early 2015, including improved growth in Europe and Japan, aggressive monetary easing by several major central banks, and a slowdown in the rise of the U.S. dollar. We expect these factors to remain supportive over the balance of the year.

Are Central Banks Becoming Less Predictable?

June 17, 2015

Investors are finding it harder to predict the actions of global central banks. Having previously provided forward guidance and clear targets, investors are now left to deal with less information and more uncertainty. This has had the tendency to create more volatility within markets.

Why Take Diversification Beyond Credit Quality Alone

April 21, 2015

How the U.S. Federal Reserve manages its exit from emergency liquidity programs will have important implications for all asset markets and could increase volatility. Meanwhile, monetary policies are also becoming less synchronized globally.

T. Rowe Price Quarterly Market Wrap-Ups

April 10, 2015

Read what T. Rowe Price managers are saying about U.S. and world market events of the past quarter, quarterly statistics on market indices, and manager perspectives on what lies ahead for investors.

Expect More Modest Returns for Muni Bonds

March 19, 2015

After suffering a moderate loss in 2013, the municipal bond market rebounded last year as the Barclays Municipal Bond Index gained about 9%, outperforming taxable corporate and Treasury bonds.

A Cautious View on Energy Investing

February 12, 2015

After falling by more than half since last June, oil prices are not likely to recover to previous highs for a long time, and the energy sector may remain under pressure for an extended period, possibly years, says Shinwoo Kim, a T. Rowe Price energy analyst.

Assessing the Value of Your Estate

November 25, 2014

Understanding what your estate is worth can help ensure your planning efforts are on the right track.

Taking stock of what assets you own and their total worth is an important step in financial and estate planning. Having a full picture will help you determine how much is likely to be passed on to your heirs...

The Great Piggy Bank Adventure: A Focus on Kids and Money

November 25, 2014

After trying out The Great Piggy Bank Adventure® online game in 10 regions across the country during the last school year, Junior Achievement USA® (JA) is expanding its use nationally this school year.

"One of our pillars is financial literacy, and we want to incorporate more digital...

How Opposing Interest Rates Can Help You

October 24, 2014

Interest rates in the developed countries are decoupling, as central banks find themselves at different points in their domestic economic cycles. Monetary policies in the emerging markets, never that closely linked to each other to begin with, also continue to diverge.