Category Archives: Weekly Wrap

Weekly Wrap: With This Market, the Devil is in the Details

Weekly Wrap: With This Market, the Devil is in the Details

We remain concerned with the level of debt across all three components of the economy – government, corporate and households. Rates are rising and debt levels across the board are high which increases the risk of dramatic price movement, yet so many of those Baby Boomers heading into retirement have had to take on high levels of risk in their portfolios to boost returns. While true even in normal times, this is a market in which one must increasingly pay close attention to its underpinnings.

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WEEKLY WRAP: Buying the Next Dip Might Not Be the Best Strategy

WEEKLY WRAP: Buying the Next Dip Might Not Be the Best Strategy

This has been a market in which “Buy the dip” has been strongly rewarded, while value investing has been pummeled. Attempts at risk management have also been mostly brutally punished and we have about 3 million working in financial services who have never experienced a bear market. But with costs rising and market dynamics fundamentally changing, things are about to get real interesting.

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WEEKLY WRAP: Is the Best of This Business Cycle Behind Us?

WEEKLY WRAP: Is the Best of This Business Cycle Behind Us?

While earnings have been pretty fantastic, they are backward looking and many are starting to wonder if the best is behind us for this cycle. Investors are not responding positively to earnings strength, despite an earnings beat rate that has so far been the best since the turn of the century – talk about a “What have you done for me lately?” market mood.

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Weekly Wrap: The Sounds of Uncertainty

Weekly Wrap: The Sounds of Uncertainty

This year is all about change — new fiscal policy, new leadership at the Federal Reserve, a new tone when it comes to trade and foreign policy and a market dynamic that is nothing like last year’s. Despite all the excitement around the impact of tax cuts on the economy, consumer spending is contracting. Despite all the talk of a tight housing market, builders aren’t exactly chomping at the bit with housing starts. Yes folks, hello volatility my old friend.

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