Here Comes the Vol(-atility), Doo-Doo-Doo-Doo. Here Comes the Vol, and I say, it’s alright. A simple Beatles tune, but like the sun, volatility can rise up after being down for a while. But unlike the sun, the timing and frequency of volatility rising and falling are not consistently predictable. As you may have noticed, volatility […]
Here Comes the Vol, Doo Doo Doo Doo Read More »
As an investment consultant and portfolio manager for different clients, I manage a number of different investment strategies. Once you understand my investment philosophy, you’ll understand why I manage these strategies the way I do. I share the investment commentary on these strategies here. U.S. CORE STRATEGIES The U.S. Core strategies provide long-term exposure to
Investment Strategies Update – Q2 2024 Read More »
Mixed Equity Performance, Solid Bond Income Support in Q2 Equity markets were mixed in Q2 as high-quality, large U.S. companies tied to technology and artificial intelligence continued to drive market performance. Other cyclical areas of the market were a bit more challenged. Bond investors continued to be rewarded with higher yields and income generation. Interest
Market Update – Q2 2024 Read More »
SUMMARY Just choppin’ around, except for AI. Equity and bond markets continue to chop around, with continued strength in artificial intelligence-related technology/semiconductor stocks. Even stocks in the utilities sector rallied strongly for a bit under the narrative that artificial intelligence support will require significant energy needs. Energy stocks also rallied strongly until OPEC+ announced no
Outlook & Positioning – June 13, 2024 Read More »
Ok, so it’s getting old posting about this, but with the S&P 500 Index up strongly this year to 5308 on the index, we’ve started to see Wall Street strategists increasing their year-end forecast for the index. It never fails. Market is up = Strategists increase their year-end targets Market is down = Strategists decrease
Market Rallies -> Strategists Raise Forecasts Read More »
China is one of the largest economies in the world and its influence in the global economy is significant, so investors should consider paying attention. I manage a number of different strategies for clients, including strategies with exposure to international markets. Part of this exposure to international markets can be exposure to Chinese equities, so
Quick Look: Chinese Equities Read More »
Solid Economic Data Helps Drive Risk Assets Higher in Q1 Equity and credit markets rallied in Q1 as strong economic data and solid corporate earnings provided investors with cover to continue to support risk assets. Last year economists and investors believed that higher interest rates could push the U.S. economy into a potential recession, but
Market Update – Q1 2024 Read More »
Let’s take a Q1 review of the strategies I manage for clients.
Investment Strategies Update – Q1 2024 Read More »
Equity markets continue to chug higher and bonds remain choppy, but there are some potential opportunities to consider for longer-term investors.
Outlook & Positioning – April 5, 2024 Read More »
Feeling a bit nervous? Maybe fears of a sell off? Maybe even a little FOMO (fear of missing out)? The three popular U.S. large cap equity indices (S&P 500, Nasdaq 100, Dow Jones Industrial Average) have all recently hit new all-time highs. When you throw in dividends from a total return perspective, the highs are
Nervous at the bottom? Nervous at the top? Read More »
Ok, let’s try this again: Wall Street S&P 500 Index year-end forecasts for 2024. Remember last year, in my post dated Wall Street Strategists’ 2023 Outlook (Guess) on January 15, 2023, I listed various Wall Street firms’ forecasts for the year-end 2023 value of the S&P 500 Index. I never like these forecasts, but it
Wall Street Strategists’ Guesses for 2024 Read More »
Wall Street strategists dedicate significant time and effort to forecasting financial markets with some sense of precision. In my post last January 15th, 2023 titled “Wall Street Strategists’ 2023 Outlook (Guess)”, I indicated that Wall Street strategist forecasts were just guesses and putting any real faith in them may be futile. Below are the forecasts
Wall Street Strategists’ 2023 Forecast Review – Ouch! Read More »
We made it to another year! It’s time to reflect on 2023 with all the ups and downs personally and in the financial markets. Hopefully we’ve all learned something and can take that forward to better ourselves and others. I love life and try to be a perpetual optimist, so here’s to a great 2024
When investing, I know it can be tough to remain patient. Media headlines of doom or boom, with market swings of big drawdowns or huge rallies can make even the most experienced investors frazzled, let alone those without much day-to-day investment experience. My belief has been that at some point, inflation would come down from
Investment Patience is a Virtue Read More »
Just a reminder that I’m personally not a fan of investing in gold. I prefer investments that can generate cash flow directly and am less interested in hoping for price movement on assets. Gold doesn’t generate cash flow directly, so I don’t invest in it. It doesn’t mean I don’t pay attention to it or
Looking back at my posts on October 9th and August 3rd, I thought that if the 10-year Treasury yield could break above that 4% level, it could quickly get to the 5% level, and that’s what appeared to have happened. Remember as bond prices move higher, interest rate-sensitive bond prices decline. U.S. Treasury 10-Year Yield
Bond Yield Trading Range Recap Read More »
On the August 1st post “Close to Prior Peaks and Resistance Levels”, I indicated that equity markets could struggle to go higher after a strong up move from October of last year and getting close to previous highs. I stated that if markets sold off from there, the 50-week moving average could be an area
Equity Trading Range Recap Read More »
Equity and bond markets sold off since August. You’re not surprised are you? You anticipated this could happen, didn’t you? Volatility in equity, bond, commodity, currency and other markets should be expected. This is especially the case in publicly-traded markets when millions of people and trillions of dollars can move in and out of the
Market Volatility: You’re Not Surprised Are You? Read More »
Well, it didn’t take long for the equity markets to find a reason to decline from higher levels. As indicated in my posts on August 1st and July 31st, U.S. equity markets were close to resistance and peak levels, and that investors just needed some sort of shock for the equity markets to sell off
U.S. Debt Rating Downgrade: It’s All Relative Read More »
We’re pretty close to prior market peaks and resistance levels in the Dow, S&P 500 and NASDAQ indices. This may be an area where the U.S. large cap indices take a breather following huge rallies from the lows last year. From a technical perspective, we need sustained price movement above these peaks in order to
Close to Prior Peaks and Resistance Levels Read More »
