Stocks: Keep Your Eye on the Bull
Note: A price-to-earnings multiple is a valuation ratio of a company's current share price compared to its per-share earnings.
A Note about Risk:
The value of investments in equity securities will fluctuate in response to general economic conditions and to changes in the prospects of particular companies and/or sectors in the economy. The value of fixed-income securities will change as interest rates fluctuate. As interest rates fall, the prices of debt securities tend to rise. As rates rise, prices tend to fall. Debt securities are also subject to credit risk, which is the risk that the issuer will fail to make timely payments of interest and principal. No investing strategy can overcome all market volatility or guarantee future results.
U.S. Treasuries are back by the full faith and credit of the U.S. government.
A CD (certificate of deposit) is a savings certificate entitling the bearer to receive interest. A CD bears a maturity date, a specified fixed interest rate, and can be issued in any denomination. CDs are generally issued by commercial banks and are insured by the FDIC. The term of a CD generally ranges from one month to five years.
The opinions in the preceding economic commentary are as of the date of publication, are subject to change based on subsequent developments, and may not reflect the views of the firm as a whole. This material is not intended to be relied upon as a forecast, research, or investment advice regarding a particular investment or the markets in general. Nor is it intended to predict or depict performance of any investment. This document is prepared based on information Lord Abbett deems reliable; however, Lord Abbett does not warrant the accuracy and completeness of the information. Consult a financial advisor on the strategy best for you.