Our investment positioning is cautious, but reflects our view that the markets offer many opportunities, particularly among growth-oriented equities and convertibles, along with high yield.
Calamos Investments remains positive about opportunities in growth equities and convertibles but expects volatility to remain elevated amid fiscal and monetary policy uncertainties.
While recent job growth data has fallen short of expectations, our view is that the U.S. can still continue on its slow growth course through 2015.
As we know, uncertainty about the Fed’s plans for raising short-term rates remains a key driver of market volatility...
While growth stocks’ prices are low relative to value stocks, their earnings prospects are significantly better.