We mentioned about a month ago that we really liked the accuracy of GDPNow, which is the GDP forecast of the Atlanta Fed. Historically they have been very accurate. We have mentioned numerous times that we were not seeing the economic data that supported a view the economy had much momentum, and did not believe…
Read BlogThe Federal Reserve met last week and signaled that they intend to raise rates in December. Three of the Fed governors voted to raise rates at this meeting. The concern that is starting to emerge in the market, perhaps without a lot of focus yet, is if the economy only strengthens a little, is the…
Read BlogIt is Central Bank week and Janet Yellen the Federal Reserve Chair will have an announcement and news conference regarding monetary policy on Wednesday. The Fed had been signaling that they wanted to once again raise interest rates, but it looks like once again the economy is too weak to do so. Please click the…
Read BlogThe markets were not thinking about a rate increase and on Friday the Boston Fed Chief came out in support of raising interest rates. As you know the market fell roughly -2.5% on Friday. The consensus is interest rates will stay low for a long time as economic growth will remain slow and inflation will…
Read BlogThe PVG Loss Averse Equity Income Strategy is up 10.0% for the year, as of the end of August. The current yield of the portfolio is 3.62%. This has been a very strong eight-month period. We have been positioned in the right stocks. Please click the link below to continue reading: PVG – Equity Income…
Read Blog“Wall Street” is coming back to work from summer vacation and likely will have to make some adjustments regarding some of their assumptions. This is not usual in that September is historically the worse month for the markets and October has had some notable declines as well. Please click the link below to continue reading:…
Read BlogThe PVG High Income strategy is up 15.6% as of the end of August. The current yield of the portfolio is 4.80%. This has been a very strong eight-month period. We have been positioned in the right stocks. The year to date average performance of the sectors we focus on is up roughly 9.4%, much…
Read BlogThe PVG Income Focused strategy is up 26.7% as of the end of August. The current yield of the portfolio is 9.23%. This has been a very strong eight-month period. We have been positioned in the right sectors and in the right stocks. Please click the link below to continue reading: PVG – Income Focused…
Read BlogThe message the Federal Reserve conveyed from Jackson Hole was the economy is picking up momentum and an increase in interest rates is likely in the cards in the near future. This still puzzles us as to what they are focused on, except the fact that rates should have never been kept so low for…
Read BlogThis Friday, Federal Reserve Chairwoman Janet Yellen makes her speech regarding her views on monetary policy, at the annual economic symposium in Jackson Hole. Every year central bankers around the globe meet in Jackson Hole to discuss global economic issues. Please click the link below to continue reading: Market in a Minute 2016-8-23
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