News Coverage

Wednesday, May 18, 2016

Wall Street Journal: Consumers Are Keeping the Economy Out of Recession (Audio)

We're coming up on four straight quarters of shrinking earnings. Mark Luschini, chief investment strategist at Janney Montgomery Scott, tells the Wall Street Journal that this would usually indicate a recession. But he says consumers have helped us avoid one.

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Wednesday, May 11, 2016

The Street: Don’t Blame the Consumer for Macy’s Miscue Says One Strategist

The problems that led Macy's (M - Get Report) to lower its full-year earnings guidance are more a function of troubled times for department stores than a weakening consumer, said Mark Luschini, chief equity strategist for Janney Montgomery Scott. 'These big box retailers have been struggling for a considerable period of time now,' said Luschini. 'They are trying to ramp up their online related sales activity. It's improving, but it's not enough to overcome the problems they have and continue to staff and pay for these big boxes that nobody is walking into anymore.'

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FOX Business: Shareholders not feeling the magic from Disney's 2Q earnings?

Janney Chief Investment Strategist Mark Luschini on Disney's second-quarter results and outlook

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Friday, May 6, 2016

FOX Business: What to Expect from the April Jobs Report

Mark Luschini, Janney Montgomery Scott CIO, discusses his expectation for the jobs report, how markets could react, and where to put money in the market after the result.

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