Davos as Contra-Indicator

Euphoria at Davos may be a sign that the market melt up may soon begin to cool. By Scott Minerd, Global CIO Two years ago, when I last attended the World Economic Forum in Davos, a growing consensus saw the global economy at the brink of recession. The spread between credit securities such as bank loans […]

Why Sector Rotation Makes So Much Sense

Two Methods of Investing While there are many ways to invest, there are two general approaches to investment strategies.  The first approach is called buy and hold investing and is also known as passive investing.  An investor with this type of strategy buys certain stocks, bonds, ETFs, mutual funds etc. and holds them long term […]

What Does Bank of America See That Others Don’t?

A recent article at CNBC.com is entitled, Bank of America sees end of bull market coming in 2018: Here’s how it will happen. According to the article, Bank of America Merrill Lynch specifically predicts that the S&P 500 will top out at 2863. According to Michael Hartlett, chief investment strategist at Bank of America Merrill […]

How Much Money Do I Need to Retire?

Your needs in retirement are based on how much your anticipated living expenses will be.  This can vary significantly based on several factors.  Some examples include whether or not you have finished paying off your home mortgage, the amount of travel you have planned, and the costs associated with the activities or entertainment you will […]

Today’s Stock Market and Your Portfolio Allocation

There are two schools of thought on how to design an investment portfolio. In the first, a “static approach”, an investor puts together a collection of diversified stock and bond funds and leaves it alone, except for periodic rebalancing. In the second school of thought, a portfolio allocation should change over time to reflect the […]

Today’s stock market feels a lot like 1999

I remember 1999.  The stock market seemed to have a mind of its own and went up nearly every day – seemingly without effort. Most people believed that all that was needed was to throw money into the market and it would continue to grow. My friend, Bill, told me about an experience of his […]