header image

Category Archives: Newsworthy

Going Nowhere Fast…

April 10, 2017 If you thought surprise air strikes in Syria, a “nuclear option” in the U.S. Senate, and Fed talk of shrinking the U.S. balance sheet in 2017 would be enough to get a 1% move in the market, then you were wrong. The S&P 500 remains stuck in the mud no matter what […]

Posted in Newsworthy | Comments closed

The Rotation Continues

April 3, 2017 (@OnePerfectShot: INCEPTION (2010) DP: Wally Pfister | Dir: Christopher Nolan) While the equity markets finished with a strong quarterly gain, it was the underlying rotation which left your portfolio spinning. The markets returned to their pre-election tone as growth stocks were bought and value stocks were sold. This trend is likely to […]

Posted in Newsworthy | Comments closed

Bogged Down…

March 20, 2017 Please note there will be no Weekly Research Briefing 3/27/2017 I know that I am not the only one feeling it. You can see the increasing risk in the markets and uglier action on the tape. Credit is seeing selling even as recession fears are distant. Bank stocks are rolling over even […]

Posted in Newsworthy | Comments closed

March Madness

March 13, 2017 How is your bracket doing? Before the ACA Repeal and Replace plan hit the court last week, it already looked like its odds of passage were longer than Mount St. Mary’s chance to win the Men’s NCAA Basketball Tournament on April 3rd. We all know that this is just the first pass […]

Posted in Newsworthy | Comments closed

In a New York Moscow state of mind…

March 6, 2017 It should have been the best week of the Presidency for New York’s favorite son. After staying on script at his address to a joint session of Congress, you could sense that the narrative was shifting from “he is trying to do too much” to “how great it would be if he […]

Posted in Newsworthy | Comments closed

Floating Castles (and Bonds)

February 27, 2017 While the majority of the financial world has its focus on every move in Washington D.C., there is another very important development happening in the German bond market. What was once the best short bet for some very high profile investors; it’s now become the next widow-maker trade as German yields plunge […]

Posted in Newsworthy | Comments closed

Center Stage…

February 21, 2017 While politics and the new government’s agenda is still very much in the news, investor interest last week shifted to the bigger picture. Good economic data continues to hit the tape along with better-than-expected corporate earnings growth and outlooks. Rising inflation and interest rate expectations are pulling the Fed’s hand closer to […]

Posted in Newsworthy | Comments closed

Phenomenal and Massive…

February 13, 2017 These are the two best words to explain last week’s market. They also describe in “quick to the point” POTUS detail what the new government’s tax plan will achieve for Americans. In two-to-three weeks, we will get the “phenomenal” tax announcement that will “massively” reduce taxes. While many of us are very […]

Posted in Newsworthy | Comments closed

The Test…

February 6, 2017 Market psychology was tested last week. Early in the week, the nightly news flow out of Washington D.C. was so concerning, that it felt as if the markets could have easily opened limit down the next morning. Early stock market supporters of President Trump were becoming concerned and hedging their bets to […]

Posted in Newsworthy | Comments closed

Knock, Knock…

January 30, 2017 Knock, Knock… You knew the protectionist measures would come. You just didn’t know how soon they would be implemented and how disruptive they could be. A border trade war with Mexico could mean some very expensive items in the produce aisles offset by a glut of beef, pigs and cheese in the […]

Posted in Newsworthy | Comments closed
  • Sources of Return

    "Our process attempts to add alpha through stock selection, rather than sector “bets” against the benchmark. Thus, we have established a target number of positions for each of the sectors included in our universe."