Tomorrow’s Sources Of Income In Today’s Interest Rate Environment
In today’s low-interest-rate environment, investors need to be flexible to ensure their portfolio meets their income needs now and preserves their wealth for the future. “Historically, investors would turn to bonds to generate income, preserve wealth and act as a ballast to the portfolio when the stock market sells off,” said Travis Moore, vice president […]
Disconnecting… or Reconnecting?
The first half of the year has seen unprecedented volatility. We saw both the fastest bear market ever and the best 50-day return since 1933 in one single contiguous time period from late February to early June. It took a mere six trading days to descend into a bear market from the market peak on […]
Managing Investment Risk in a Crisis
It was not too long ago that prospects for the global economy appeared promising on the heels of recent breakthroughs. The year began on a positive note as a number of lingering worries such as the trade war with China and Brexit were resolved. The upbeat outlook for global economies and markets remained largely unchanged […]
German Deficit Spending
If you get paid to borrow, why not spend? The world currently has over $13 trillion of negative yielding bonds and the German government is able to borrow for ten years at negative -0.40%. Conceiving of an economy as a business, you would think that a business able to borrow for free, should also be […]
Stock Valuations and the “Rule of 20”
The beginning of a new decade is one of those personal milestones that often prompts reflection and introspection. Where am I in life’s journey? How do I feel about the decade that just ended? What lies ahead? Investors are no different and may have posed the same questions about the financial markets at the end […]
No Place Like Home
A Remarkable 2019 Stocks delivered remarkably strong performance in 2019. A year that began shrouded in doom and gloom under the overhang of recessionary fears seemed to brighten with each passing month. Stocks kept climbing one wall of worry after another in 2019 to scale new all-time highs. In a scarcely believable result, the S&P […]
Risk Aversion and Investor Sentiment
The stock market’s smooth upward trajectory in the first half of 2019 was interrupted by a volatile third quarter. Stocks were largely unchanged as prices fluctuated within a trading range during the quarter. The S&P 500 index was up 1.7%, the Russell 2000 index fell by –2.4% and the MSCI All Country index declined by […]
Key Strategies For Maintaining Stakeholder Alignment Amid High-Net-Worth Portfolios
A 2019 Forbes Insights survey finds that 68% of high-net-worth (HNW) investors say family relationships greatly complicate wealth management. Note for now, this figure rises to 77% among those managing their wealth on their own. (We’ll come back to this later.) But there needn’t be significant or persistent discord, says Caleb Silsby, chief portfolio manager at Whittier […]
Low Interest Rates — Recession or Distortion?
On rare occasions, the yield curve can reverse, flip over and become inverted. In this setting, short-term rates become higher than long-term rates. Economists and investors pay a lot of attention to this phenomenon for one simple and compelling reason. An “inversion of the yield curve” has become an important marker in economic cycles because […]
Want to Be a Better Investor? Focus Only on the News You Can Use
We all want to be informed when it comes to market activity, not only because it helps us better contextualize the economy, but also because it signals something about our outward persona: we’re intelligent, informed and good planners. But, there’s a little secret that financial advisors know: while smart people invest their money, even smarter […]