2015 Market Preview

January 22, 2015 | Greg Leonberger, FSA, EA, MAAA, FCA, Director of Research, Managing Partner

Similar to previous years, we offer our annual market preview newsletter. Each year presents new challenges to our clients, and 2015 is no different: U.S. equities are at all-time highs, uncertainty reigns for international equities, and to everyone’s surprise, interest rates fell dramatically in 2014…but are poised to rise from historic lows over the next year. In the alternative space, real estate remains a solid contributor to portfolio returns, and private equity delivered on return expectations, though dry powder is on the rise. Hedge fund results were mixed, but have shown to add value in past rising interest rate environments. Further macroeconomic items that bear watching for their potential impact on capital markets include the precipitous fall in oil prices, the strengthening U.S. dollar, job growth, and international conflicts.

Download PDF

Greg Leonberger, FSA, EA, MAAA, FCA
Director of Research, Managing Partner

Get to Know Greg

The opinions expressed herein are those of Marquette Associates, Inc. (“Marquette”), and are subject to change without notice. This material is not financial advice or an offer to purchase or sell any product. Marquette reserves the right to modify its current investment strategies and techniques based on changing market dynamics or client needs.

Related Content

03.18.2025

The Changing Current

The impressive strength of U.S. equities in recent years has drawn significant investment from both domestic and international investors, but…

03.12.2025

Uncertainty Fuels Meltdown in U.S. Equities

Entering 2025, investors were overwhelmingly bullish on the outlook for U.S. equities. Positive sentiment was fueled by the perceived benefits…

03.03.2025

School’s Out?

While the United States has historically prioritized public spending on education more than other developed countries, there has been a…

02.24.2025

Optimism is Pessimism?

In a 2016 redux, Donald Trump’s victory in the November election kicked off another wave of economic optimism across CEOs…

02.19.2025

No Longer Stuck in the Middle?

By now, readers likely know that large-cap equities propelled the U.S. equity market higher in 2023 and 2024, as the…

02.13.2025

The Debt and Deficit Dilemma

The new year brings a new political administration with fresh approaches and drastically different perspectives on topics ranging from immigration…

More articles

Subscribe to Research Email Alerts

Research Email Alert Subscription

Research alerts keep you updated on our latest research publications. Simply enter your contact information, choose the research alerts you would like to receive and click Subscribe. Alerts will be sent as research is published.

We respect your privacy. We will never share or sell your information.

Thank You

We appreciate your interest in Marquette Associates.

If you have questions or need further information, please contact us directly and we will respond to your inquiry within 24 hours.

Contact Us >