Value stocks are going down today because they are sold to buy stocks that go up because they go up.
There are many benefits of using a rules-based approach using Relative Strength (RS), one of the main cornerstones of our research. Relative Strength, also known as Momentum, is a time-tested investment factor that permeates our work, allowing us to identify where both strength and weakness exists across securities, sectors, and asset classes using just one objective input - price.
The economy is at a crossroads and this commentary addresses why it’s critical to acknowledge the risks, as well as providing some specifics on how to deal with those uncertainties.
The transportation sector in the municipal bond market faces significant headwinds as a result of the COVID-19 pandemic.
As portfolio manager Russ Koesterich discusses, negative real interest rates help explain why gold is moving more in tandem with stocks these days.
Market update from BlackRock's municipal bond team.
US third quarter GDP was better than expected, though our updated economic forecasts still show a quick but incomplete recovery. Over time, this should give way to a more gradual, lengthy path back to “normal.” But there are a lot of moving parts.
We believe now is as good a time as any to do a portfolio assessment. Here’s why investors and their advisors shouldn’t lose sight of how diversification and taxes affect portfolio returns.
The 20th century Baby Boom was one of the most powerful demographic events in the history of the United States. We've created a series of charts to show seven age cohorts of the employed population from 1948 to the present.
What is Bob up to?
Domestic equity markets have certainly shown a significant amount of movement thus far through 2020, with the S&P 500 Index SPX undergoing its swiftest decline from all-time highs in March, only to rally over the next few months to print new all-time highs at the beginning of September.
Across emerging markets, urban consumption provides ballast and stability to a number of sectors and industries.
The acquisition of the Boston-based firm by Morgan Stanley checks all the boxes.
The beat went on in the third quarter as growth stocks once again shone, propelling the S&P 500 to a 9% gain. The market continues to be narrow, with the index being carried by a relatively small number of companies. While the index is up this year, the average stock is down. This is generally considered to be unhealthy.
The Labor Force Participation Rate (LFPR) is a simple computation: You take the Civilian Labor Force (people age 16 and over employed or seeking employment) and divide it by the Civilian Noninstitutional Population (those 16 and over not in the military and or committed to an institution).
Note: This commentary has been updated with the latest numbers from last Friday's Employment Report. Consider: Today nearly one in three of the 65-69 cohort and one in five of the 70-74 cohort are in the labor force.
Take a look at real (inflation-adjusted) charts of the S&P 500, Dow 30, and Nasdaq Composite since 2000. We've updated this through the September 30, 2020 close
In response to a standing request, here is an updated comparison of four major secular bear markets. The numbers are through the September 30 close.
President Trump has declared rare earth metals a national emergency and asks that the U.S develop a “commercially viable” mineral supply chain that does not depend on imports from China or elsewhere.
Given elements of uncertainty tied to COVID-19, geopolitics and policy decisions to come in the United States and across the globe, our K2 Advisors team believes the current environment may favor nimble, shorter-term strategies.
With COVID-19 cases rising and policy support fading, the recovery faces many risks.
The Mexican ESG ETF has been one of the company’s most successful out of 40 new ESG products launched this year.
It's the first time the Texas-based giant has been dethroned since it began as Standard Oil more than a century ago.
Starting in 2021, all exams will shift to computer-based testing.
A famous Wall Street bear-turned-bull is urging clients to double down on V-shaped economic bets, even as talks on fresh stimulus collapse.
Here's the latest on the three largest cryptocurrencies by market share: bitcoin, Ether, and XRP.
Nearly every client or someone they love is dealing with frustration, aggravation and expense because of America’s convoluted health care system. As an advisor, there are a handful of key ways in which you can help clients navigate the system and be aware of what could lie ahead. Join AP editor Dorothy Hinchcliff for a Q&A with Dr. Carolyn McClanahan, a well-known advisor who is always on top of the latest health care developments affecting your clients.
Here’s my take on the six worst pandemic clichés that advisors keep using, which are ruining their credibility.
Our monthly market valuation updates have long had the same conclusion: US stock indexes are significantly overvalued, which suggests cautious expectations on investment returns.
The pandemic has driven home the importance of having the latest technology to communicate and thrive in today’s world. Advisors large and small have incredible tech choices that can help them quickly and effectively gain insight on clients and prospects as well as provide them with a host of valuable services. Hear from leading advisor tech providers on the latest tools that every advisor should consider if they want a competitive advantage while building a business for the future.
The latest monthly employment report showed a gain of 661K nonfarm jobs, which consists of a gain of 568K service-providing jobs and a gain of 93K goods-producing jobs.
As devastating and disruptive as the pandemic has been for so many, it has also shined light on the industries and sectors that are best poised to innovate and keep our markets moving. From biotech to cybersecurity to AI and Robotics to Semiconductors and more, thematic tech ETFs are some of the best performing funds of the year. These groupings of industry-related securities are an effective way to gain exposure to companies in particular industries with growth potential. Learn how thematic tech ETFs may fit into your clients' portfolios from some of the biggest names in the business.
High-yield bonds can generally offer more income in a very low-interest-rate world. However, if the economic or stock market outlook deteriorates, it could be a bumpy ride.
We continue to experience an unprecedented market environment. We were able to again outperform in the third quarter, aided by the significant repositioning we had done in portfolios amidst the sell-off in March. However, we are wary of the risks to the market rally, including elevated valuation multiples...
European equity markets are still struggling to overcome the effects of the pandemic. But diligent investors can find surprising investment candidates.
Variable annuities were created to give retirees access to lifetime income with the potential for growth. Today’s products offer a range of features such as liquidity, investment risk hedging, access to a risk premium, tax deferral, and longevity protection. This panel address the tradeoff of these product features and when they provide the greatest value to retirees. The best variable annuities offer reasonable-cost options that provide income, investment flexibility and downside protection when clients need them most. CFP and IWI CE credits pending.
The pandemic has amplified four long-term macroeconomic disruptors, and fiscal policy – a key swing factor – may hold the key to upside or downside surprises. Read our long-term outlook and learn implications to consider when investing.
Here is a summary of the four market valuation indicators we update on a monthly basis.
While structured notes have been available for decades, recent developments in the defined outcome space have brought these types of payoff profiles to newer investment vehicles. Join us as we look at how product innovation, advances in indexing and portfolio implementation have changed the defined outcome landscape.
The moving average for the per-capita Light Vehicle Sales series peaked in 1986. Thirty-plus years later, it is now down 40% from that 1986 peak.
As we all navigate a crisis that’s dramatically changed our lives, one of the best-known commentators on the advisory profession takes a longer view on what it will take for your business to not just survive — but thrive. In an informative Q&A with Bob Huebscher, Veres will explore the many transitions facing advisors and offer advice on building deeper connections in a world where every other advisor can be your competitor.
As of September 30, the 10-year note is 17 basis points above its historic closing low of 0.52%, reached on August 4.
The S&P 500 SPX and Nasdaq NASD have recently hit a series of fresh all-time highs and the Dow DJIA now sits less than 2% off of its all-time high which has many people wondering if the market is overbought and due for a correction.
As long-time readers know, I tend to be upbeat about the economy and the stock and bond markets, and that has certainly proven to be the correct position to hold over the last 20-30 years.
Wilmington Trust, the wealth-management arm of M&T Bank Corp., is extending its hiring spree and considering acquisitions of RIAs.
There are nine reasons Trump may still win, but none seem likely.
Let's take a closer look at Friday's employment report numbers on Full and Part-Time Employment.
In such an unprecedented year, what challenges and opportunities does the fixed-income market present and how can advisors position portfolios for income and risk-adjusted returns going forward? This session discusses:• Why a V-Shaped recovery is unrealistic.
• A look at how markets have recovered, but spreads are still wider than pre-crisis levels.
• Why credit performance is likely to deteriorate, but Fed support may signal opportunity.
• How to invest in this environment.
As an advisor, you are as impactful as your ability to influence your clients and prospects.
If we do not know how to bounce back from failure or hardship, then we may never achieve the success we seek.