Wright Investors’ Service, founded in 1960, is an internationally recognized independent investment manager and financial advisor. Founded as a research firm, Wright began managing client assets over 40 years ago. Clients include institutions, plan sponsors, bank trust departments, trust companies, individuals, trustees and other fiduciaries.

About the author:  Senior Vice President Michael Flament has been studying and writing about the stock and bond markets as a financial economist for most of his 38 years at Wright Investors’ Service.

Disclaimer: The views expressed herein reflect those of Wright Investors’ Service, Inc. as of the date of the commentary. These views are subject to change at any time based on market or other conditions, and Wright Investors’ Service, Inc. disclaims any responsibility to update such views. These views may not be relied upon as investment advice. Statements and opinions herein are based on sources of information believed to be accurate and reliable, but Wright Investors’ Service, Inc. makes no representations or guarantees as to the accuracy or completeness thereof.