The Urban-to-Suburban Exodus May Be the Biggest in 50 Years
This “exodus,” as some are already calling it, may end up being among the biggest in U.S. history, or at least the biggest since the 1950s and 60s. A record 27.4 percent of homebuyers sought to move out of their metro areas in the second quarter, according to Redfin data.
Rational Exuberance? Explaining Global Equity Market Gains
Global stock markets seem to be defying the reality of recessions this year. Despite recent volatility, we think market gains for the year are more rational than perceived, given the powerful impact of stimulus and low rates on stock valuations.
Got Gold? Bottom-Barrel Rates to Last for Years to Come
At least through 2023: That’s how long the Federal Reserve expects near-zero interest rates to last as it seeks to support an economy that’s seen more than 60 million jobless claims since mid-March. Gold has thrived in this low-rate environment, hitting an all-time high of $2,070 an ounce in early August...
The Modern Gold Rush - Making Sense of Today’s Precious Metal Investment Opportunities
With the COVID-19 pandemic raging on, the dollar continuing to weaken, and uncertainty surrounding the culmination of the U.S. election cycle, investors are focusing on precious metals as a potential investment solution. In this webcast, Steve Dunn, CIMA®, Head of Exchange Traded Funds, and Stan Kiang, Director of Strategic Accounts, will speak on behalf of Aberdeen Standard Investments to discuss why we believe precious metals are a critical component of a well-diversified investment portfolio. Gold and Silver prices have been surging of late, but this webinar will lay out the fundamentals underlying the need for a longer-term, strategic allocation. This webcast is eligible for Continuing Education (CE) Credit.
Still Looking for Alternatives? How about Real Assets?
Ed Perks and Gene Podkaminer of Franklin Templeton’s Multi-Asset Solutions team discuss the attractions of alternative assets that can offer natural portfolio diversification. Over a longer-term horizon, they continue to believe global stocks have greater performance potential than global bonds, or alternatives, but this outlook will not be reached along a smooth path.
Quality is Missing the Point
I got very excited when I came across an excerpt from Jordan Ellenberg’s book, How Not to Be Wrong. His book was written to teach readers how much logic and common sense is provided by math. He tells the story of Abraham Wald during World War II, who worked for the Statistical Research Group (SRG).
Weekly Gasoline Price Update: Regular and Premium Down
The price of Regular and Premium are down three and two cents, respectively, from last week. According to GasBuddy.com, California has the highest average price for Regular at $3.21 and Mississippi has the cheapest at $1.83. The WTIC end of day spot price closed at 37.26, up 1.4% from last week.
Inflation Outlook Stays Low, National Champions In Favor, Unemployment Rate Surprises
Breakout inflation is not our top concern. Europe explores support for national champions, and the U.S. unemployment rate masks some fragility.
Ivanhoe Set to Begin Production at World's Second-Largest Copper Project
One of our favorite natural resource companies, Ivanhoe has returned more than 146 percent in the past six months alone as investors anticipate the start of production at the Kakula Mine, which has the potential to become the world’s second-largest copper mining complex, with annual output projected to be 800,000 metric tonnes a year.