Time to Change Strategy
Friends don’t let friends buy and hold. At a minimum, you need some type of hedging program on your equity portfolios. Using a simple 200-day moving average to signal the time for going to cash, while not the best, will help protect you from the worst of a massive bear market.
Five Key Ways Advisors Deliver Value in 2019
What is the value of a financial advisor in 2019? We break down the full value of an advisor’s services in this easy-to-follow equation.
Indonesia's Election Outcome Removes Overhang for Equities
With Jokowi appearing set to retain power, equity flows should improve and indications are positive for economic reforms as political uncertainty is dispelled.
On My Radar: Investors are Willing to do Almost Everything; HY Price Trend Holds the Key
I attended an advisor summit in Chicago this past week. On stage was a good friend from S&P Dow Jones Indices. He referenced an article S&P published last fall about poor quality in the popular “leveraged loan” segment of the corporate bond market. Dull, I know, but hang in with me for a short few paragraphs, I promise this week’s missive gets better.
Is Your Portfolio Prepared for a Potential Wildfire?
In the decade since the global financial crisis, many investors have either actively steered—or ended up with—a large portion of their portfolios in investments tied to economic growth, namely stocks.
Building Unlisted Infrastructure into Your Portfolio – Overcoming Four Key Obstacles.
Does exposure to unlisted infrastructure benefit the average portfolio?
Technically Speaking: A Warning About Chasing This Bull Market
This past weekend, we discussed the breakout of the markets to all-time highs. The question I asked this past weekend was simply; “The bull market is back, but can it stay?”
Pending Home Sales Rose in March
Today the National Association of Realtors released the March data for their Pending Home Sales Index. According to the National Association of Realtors®, "Pending home sales rose in March, reversing course from a month prior."
Moving Averages: April Month-End Update
Valid until the market close on May 31, 2019.
The S&P 500 closed April with a monthly gain of 3.93% after a gain of 1.79% in March. All three S&P 500 MAs are signaling "invested" and four of five Ivy Portfolio ETFs — Vanguard Total Stock Market ETF (VTI), Vanguard FTSE All-World ETF (VEU), iShares Barclays 7-10 Year Treasury (IEF), and Vanguard REIT Index ETF (VNQ) — are signaling "invested".
S&P/Case-Shiller Home Price Index: Annual Gains Continue to Decline
With today's release of the February S&P/Case-Shiller Home Price Index, we learned that seasonally adjusted home prices for the benchmark 20-city index were up 0.20% month over month.
Moving Averages: Month-End Preview
Here is an advance preview of the monthly moving averages we track after the close of the last business day of the month.
Real Disposable Income Per Capita in March
With the release of this morning's report on March Personal Incomes and Outlays, we can now take a closer look at "Real" Disposable Personal Income Per Capita. At two decimal places, the nominal -0.04% month-over-month change in disposable income was trimmed to -0.24% when we adjust for inflation. This is down from the 0.10% nominal and the 0.00% real increases last month. The year-over-year metrics are 3.23% nominal and 1.72% real.
Home Ownership Rate: At 64.2% in Q1 2019
Over the last decade, the general trend has been consistent: The rate of home ownership continues to struggle. The Census Bureau has now released its latest quarterly report with data through Q1 2019.
Today’s Profit Margin Distortions
Late in bull markets there is often a pervasive excitement that arises. At that time, not all profit margins are created equal. Financial euphoria can cause distortions in industries and businesses.