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Tony Dwyer

Tony Dwyer joined Canaccord Genuity in March 2012 as the firm's U.S. equity market strategist and a senior managing director. In 2015, Mr. Dwyer was named co-director of research, and currently sits on the firm's operating committee. Prior to joining Canaccord Genuity, he served as equity strategist at Collins Stweart, and also held the additional role of director of research while sitting on the firm's executive committee. Mr. Dwyer st arted his career at Prudential-Bache Securities in 1987 as an equity market strategist.

A mixed tactical picture for markets

In our June 9 article, “Consolidation confirmation,” we looked at how the market typically acts following longer-duration breadth thrusts, which took place the first week of June. We found that when more than 90% of the S&P 500 (SPX) components...

Follow the Fed—it prints money

There has been an incredible ramp up in corporate credit new issuance since the Federal Reserve announced that it was going to buy corporate-bond ETFs. The Secondary Market Corporate Credit Facility (SMCCF) recently began buying ETFs with the goals of...

Housing suggests lower rates are working

Every bull market has minor corrections, like the 7% one in May 2019 and the 6% one a few months later in August, but a real 15%–20% drop over the course of the past 10 years has come with a rise above 3% in the 10-year U.S. Treasury Bond (UST) yield...

Tactical view moving into year-end 2019

We have been meeting with institutional, family office, and retail investors around the world over the past few weeks, and we can only conclude that nearly everyone is nervous and in a defensive position. The volatility around Brexit, the trade war, a...