We believe what happened last week in the markets and different sectors, foreshadow the long-term trends to come. The bond market bubble will burst, value will significantly outperform growth, and international will underperform. The question will be, can growth of earnings offset the decline in the market’s P/E so the market will rise? Please click…
Read BlogThe markets on Monday were up strongly, based on the FBI not moving forward with Clinton violating national security with her private email server. The betting lines have Clinton’s chances of winning, according to the odds makers, seem like a sure thing. Please click the link below to continue reading: market-in-a-minute-2016-11-8
Read BlogAs we discussed last week, the market is focused on the election, earnings, and the potential for an interest rate increase in December. First the election, and how quickly things change…as we have mentioned numerous times, it does not matter who wins we will see a bear market, likely in 2017. Please click the link…
Read BlogThe market is focused on three main issues, the election, earnings, and the Fed interest rate increase in December. None of which appears to be particularly positive. It is clear that the markets and general concensus opinion is, Clinton will win, but the House and maybe the Senate will remain Republician. Please click the link…
Read BlogYou can see from the dotted line; the market is right at a support level. We do not think this is much of a support level, it is really down around 2060. This support level is where the 200 day moving average now stands. As you know, we believe the 200 day is the long…
Read BlogPlease click the link below to see the performance. PVG – Q3 2016 Performance
Read BlogThe presidential election is overwhelming the attention of investors. What a mess…as we have said repeatedly, a bear market is coming regardless of who wins. The market should strongly favor the economic policies of Trump, but we believe the market likes the prospects of inflation and growth staying subdued longer. Please click the link below…
Read BlogThe seemingly ultra-safe dividend sectors and bonds have declined quite a bit recently. Fear is beginning to mount about the economy picking up some modest strength, inflation being a little higher, the Federal Reserve making a case for raising rates in December, and finally the European Central Bank sending out a trial balloon to stop…
Read BlogWe 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…
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