Charts for the beach - 2018
Don’t leave home without your summer essentials: sunglasses, sunscreen, towel and RBA’s Charts for the beach.
Questions I'd be Asking If I Owned Tesla Stock
If I were long in Tesla’s shares I’d be asking certain questions. After all, you’re paying $50 billion for a company that trades completely on the spoils of future dreams.
Weekly Unemployment Claims: Up 1K from Last Week, Beats Forecast
This morning's seasonally adjusted 217K new claims, up 1K from the previous week's unrevised figure, was below the Investing.com forecast of 220K
The Big Four Economic Indicators: Real Personal Income in June
Personal Income (excluding Transfer Receipts) in June rose 0.44% and is up 5.0% year-over-year. However, when adjusted for inflation using the BEA's PCE Price Index, Real Personal Income (excluding Transfer Receipts) MoM was at 0.34%. The real number is up 2.7% year-over-year. Extensive revisions and updates were made.
2018 3Q Economic Capital Market Outlook
The domestic economy is functioning as well as any period since 2007, however we expect economic growth to slow next year. Measured by GDP, we expect the economy grew by a solid 4.0% in the second quarter and is growing at a rate of 2.7% with most sectors performing well.
The Unique Retirement Issues Facing Women
Women face at least 12 unique financial and life challenges related to long-term retirement planning. Addressing them can be overwhelming and uncomfortable. Only by understanding the issues can you develop strategies that will provide the greatest chance of achieving your clients’ goals.
Robos Prevent Fee Compression (and don't cause it)
Roboadvisors don’t cause fee compression; when used correctly by advisors, they are the solution.
Why RIAs are Slow to Adopt No-load Annuities
For industry veterans, annuities conjure the “bad old days” of pushy insurance companies offering rich commissions to snake-oil salesmen with Rolex-knockoffs peeking out from French cuffs.
Stories from a Motorcycle Road Trip
What we can learn about the current state of our economy by traveling and visiting with others outside of our home turf is amazing. For many of us in the investment business, our view of the economy is easily warped by statistical reports and interpretations prepared by professional economists.
Proven Tactical Allocation Strategy Driven by Behavioral Crowds
C. Thomas Howard, PhD, is the CEO and chief investment officer at AthenaInvest, Inc., a Colorado-based investment manager. He is the co-manager of the Athena Global Tactical ETFs, a separately managed account. As of June 30, 2018, since its inception in September 2010, it has had an annualized return of 19.0%, outperforming its benchmark, the MSCI All Country World Index (ACWI) by 900 basis points. It is rated five-stars by Morningstar.
How to Dodge the Debt Train
An active manager worth his or her salt will manage risk as part of the deal, and risk management is exactly what you need when you live on a railroad track. It doesn’t have to be perfect, just good enough to mitigate the major drawdowns. If everybody else loses 40% and you only lose 25%, you’ll be way ahead of the crowd. And the right manager should avoid even that scenario and keep you near break-even.
Can't Build Them? Join them: Rising Home Prices & Lack of Construction
There’s a tug of war brewing between housing costs and consumer budgets in the US. Single-family home prices have risen 6% a year or more since 2011, and supply/demand forces point to further increases. But consumer budgets have limits. Some buyers are now spending around half of their income on housing.
Second Quarter 2018: Unique But Not Different
For much of this recovery and expansion, many have opined that this economic cycle would ultimately end very differently than those of the past. We have resisted this narrative and instead explained our belief that this cycle will indeed follow the same path and end like all others.
Conference Board Leading Economic Index: Continued Growth in June
The latest Conference Board Leading Economic Index (LEI) for June increased to 109.5 from 109.3 in June. The Coincident Economic Index (CEI) came in at 103.7, unchanged from the previous month.