We made a few points last week that we think are worth mentioning again. First, any selling or realizing of capital gains is likely better off done next year than this year due to lower tax rates. We believe this has impacted the markets this year positively and will have a negative impact when the…
Read BlogOn Wednesday, we expect the Federal Reserve to increase interest rates by .25%. It is of particular importance the outlook the Fed gives to 2017, and the timing and number of rate increases. You could easily argue the Fed is behind the curve now in raising rates given the Trump agenda. Please click the link…
Read BlogNow that the election is over, the market has seemed to breathe a sigh of relief. This is a historical trend that follows most newly elected Presidents. We think domestic markets will benefit from the “Trump Trade”, but we are also keeping our eye on the technicals. Please click the link below to continue reading:…
Read BlogThe PVG Loss Averse Equity Income strategy finished the month of November almost exactly flat from the previous month net of fees, and up roughly 7% net of fees thus far for the year. We are performing in line with our expectations or goal of a 7% annual return. The stock market had a very…
Read BlogThe Fed meets next week, we believe confidently that they will raise rates by .25%, and will lay the ground work to continue to raise rates into 2017, but will be “data dependent”. Rising interest rates has a dampening impact on P/E multiples. We are already seeing the impact of rising rates on mortgage applications….
Read BlogThe markets have had a very nice rally since the election and as we have said repeatedly, the Trump economic policies are very bullish for the economy. The market has discounted the good news, but it is going to take a while to get Trump’s policies in place and we are sure they will be…
Read BlogThe markets have quickly gotten extended since the election, the small cap indices have had a big move, the dollar has been very strong and interest rates have spiked. Please click the link below to continue reading: market-in-a-minute-2016-11-22
Read BlogWe 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…
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