Global Economic Review & Outlook, January 2012
John P. Calamos, Sr. and Nick P. Calamos discuss the “risk-on, risk-off” markets of 2011 and their economic outlook for 2012. They consider the impact of volatility, government debt and reflation on the financial markets and speak to the opportunities they see in the equity markets.
Economic Review & Outlook, October 2011
John P. Calamos, Sr. and Nick P. Calamos discuss the healing of the global economy, the sustainability of emerging markets as an engine for future growth, and the historic relationship between debt deleveraging and equity market performance. They also explain why they believe global growth equities offer the most attractive risk/reward characteristics.
Perspectives on Volatility, August 2011
John P. Calamos, Sr. and Nick P. Calamos comment on recent market volatility and the U.S. debt downgrade. They discuss their view of the equity markets and where the Calamos investment team is finding opportunity.
Economic Review & Outlook July 2011
John P. Calamos, Sr. and Nick P. Calamos discuss their expectations for global economic growth, including the reduced likelihood of a double-dip recession in the near term. They share a constructive view of equities and speak to the secular trends that are driving opportunity for global businesses.
Economic Review & Outlook April 2011
John P. Calamos, Sr. and Nick P. Calamos discuss their view of opportunity, including why they believe U.S. growth-oriented equities remain attractive in the current environment. They also discuss the long-term global implications of heavy government debt burdens in the G3 and currency wars.
Economic Review & Outlook January 2011
John P. Calamos, Sr., and Nick P. Calamos share their perspective on the potential opportunities and risks in the global marketplace.
The Opportunity in Growth Equities, December 2010
Growth equity valuations reflect substantial investor pessimism. In our opinion, growth companies are attractively valued relative to past valuations, future growth potential, and other assets such as corporate bonds.
Signs of Life in Health Care Technology, October 2010
The Calamos Investment Team
Suppliers of health care will face increasing pressure to make their services and products more affordable.
Cloud Computing: The Next Wave of Innovation, September 2010
Joe Wysocki, CFA, AVP and Senior Strategy Analyst
Cloud computing continues to grow in popularity as well as strategic importance to businesses. In “Cloud Computing: The Next Wave of Innovation,” Senior Strategy Analyst Joe Wysocki, CFA, writes about the innovation and opportunities in this growing market segment.
Economic Review & Outlook October 2010
John P. Calamos, Sr., Chairman, CEO/CIO and Nick P. Calamos, CFA, President of Investments & CIO
John P. Calamos, Sr., and Nick P. Calamos discuss global economic trends and the potential of emerging economies. They also comment on where they are finding opportunities and why they believe growth equities are especially compelling.
Economic Review and Outlook, July 2010
John P. Calamos, Sr., Chairman, CEO/CIO and Nick P. Calamos, CFA, President of Investments & CIO
John P. Calamos, Sr., and Nick P. Calamos discuss their “short-term bullish, longer-term scared” economic outlook. They explain why a case can be made for a bull or bear market over the next decade and the factors the Calamos investment team considers as they assess the global economy and its opportunities.
Market Review and Outlook, April 2010
John P. Calamos, Sr., Chairman, CEO/CIO and Nick P. Calamos, CFA, President of Investments & CIO
In “Clear Skies Ahead?” John P. Calamos, Sr., and Nick P. Calamos provide their perspective on the markets and economy. Data suggests that the recession has likely ended, and corporate America looks to be in good shape. However, high national debt levels and excess spending cast a longer-term shadow. In this environment, the Calamos investment team believes that global perspective is essential for understanding and capitalizing on investment opportunities.
Tailwinds for Equity, Headwinds for Debt, March 2010
By the Calamos Research Team
The past decade saw U.S. government debt outperform the S&P 500 Index. For many investors, wary of equities' lagging performance, increasing allocations to fixed income appears an attractive option. While fixed income is an essential part of any well diversified plan, we caution investors against letting uncertainty drive an increase of debt holdings at the expense of equity allocations. In this paper, we outline some concerns for long duration debt and some factors that suggest a favorable environment for equity.
Emerging Markets, Developing Opportunities—February 2010
By Jeff Scudieri,CFA, SVP and Co-Head of Research and Investments
Since the Asian crisis of 1997, there have been continued improvements in the fiscal positions of many emerging economies—improvements that we believe enhance the prospects for sustainable growth. Dramatic increases in foreign currency reserves, less debt, lower inflation, smaller budget deficits and higher GDP growth are among the factors contributing to a brighter fiscal picture. Compared to developed economies, emerging economies are on the right track
Market Review and Outlook, January 2010
John P. Calamos, Sr., Chairman, CEO/CIO and Nick P. Calamos, CFA, Sr. EVP, & CIO
In “‘Hair-of-the-Dog’ Economic Policies or Buying Time to Heal?” John P. Calamos, Sr. and Nick P. Calamos discuss why they believe the near-term looks promising for the economy and equity markets. They also share their reasoning for a more cautious long-term economic outlook, and summarize how the Calamos investment team is positioned for the opportunities and challenges of an evolving global economy.