Treasury yields, as measured by the 10-year Treasury, were steady in the past week at 2.25% through June 1st. This is well below the 2.42% yield set on May 9th. Yields have collapsed from 2.62% on December 15th of last year. This is no surprise to our team as we thought rates would peak around…
Read BlogThis year has been a tail of two markets. Technology stocks have been very strong, up 21% year to date, but on the other hand, Energy is down-14% and Telecommunications down -9.6%. The Russell 1000 Growth is up 16%, while the value stocks, as measured by the Russell 1000 Value, is up only 3.9% and…
Read BlogWhen you live through a bear market and you care about your money, like me, that is something you never want to experience again. Fortunately, we have been very successful in managing through bear markets. The duration of both bull and bear markets has been lasting longer in the most recent market cycles. Please click…
Read BlogOn Thursday of this week OPEC meets, and with oil above $50 per barrel and at a one month high, the market is expecting the cartel to extend the six-month agreement to cut production by 1.8 million barrels a day. Venezuela is obviously in distress and its production has fallen significantly. Please click the link…
Read BlogWe are finding a lot of very attractive securities in the value area of the market. What we mean as a value stock is one that has a high dividend yield, low price to book ratio and or a low price to earnings ratio relative to the market. Please click the link below to continue…
Read BlogThe Federal Reserve met last week for their standard meeting every 6 weeks to discuss monetary policy. The conclusion by the market is the Fed will raise rates again in June. The Fed is not raising rates because the economy is strong, instead they are raising rates for future periods when they will need to…
Read BlogThe stock market feels like 2014, when only a hand full of stocks performed and the rest of the market was relatively flat. The S&P 500 did well in 2014, only a few stocks drove that performance, which is where we got the name FANG, for Facebook, Amazon, Netflix, and Google. Please click the link…
Read BlogWe would like to review the overall benefits of the strategy, and some of the historical performance to give you a historical view before we discuss our outlook. This is a very conservative equity strategy, which can be used as a substitute for fixed income or a defensive core equity position in an overall portfolio….
Read BlogOver the weekend the French narrowed the election down to two candidates, Macron and Le Pen, both polar opposites. Macron is pro-EU and Le Pen is a Nationalist. The stock markets globally went up on Monday and bond yields went up. The dollar went down and the euro up in reaction to the election, as…
Read BlogThere was a little fear that entered the market last week, based on several issues, geopolitical factors in Syria and N. Korea, the Federal Reserve talking about unwinding QE, lack of progress on tax policy, and lastly the economy weakening. Please click the link below to continue reading: Market in a Minute 2017-4-18
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