David Templeton | TalkMarkets | Page 10
Portfolio Manager & Principal, HORAN Capital Advisors
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David Templeton, Portfolio Manager Principal, is a senior strategist and advisor at HORAN Capital Advisors. David has extensive experience in portfolio construction, security selection,development of investment policies and portfolio allocation strategies for individual and institutional clients. ...more

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The Tide Might Be Going Out On Growth
The dominant investment theme since the financial crisis in 2008/2009 has been the outperformance of the growth investment style versus the value style, evident in the large, mid, and small-cap stock space.
Higher Individual Bullish Investor Sentiment, Weaker Forward Equity Returns?
Based on this week's AAII Sentiment Survey, over the course of one week, individual investors are now super bullish.
Equity Market Tends To Perform Well After Election Day
With Joe Biden now leading in the electoral count, some of the uncertainty seems to be behind the market and the S&P 500 Index rallied 7.13% in the week ending 11/6/2020.
Dividend Paying Strategies Have Lagged This Year, Now An Opportunity?
One unique aspect of the difficult economic environment that followed the virus mandated shutdown, was the underperformance of high-quality dividend-paying stocks.
Consumer Data Suggests A Continued Strengthening Of The Economy
There is no denying that consumer data has been a bright spot during the pandemic. Government financial support has contributed to favorable consumer sentiment. This positive sentiment is evident in the 1.9% increase in month-over-month retail sales.
Small Business Hiring Plans One Bright Spot In September NFIB Optimism Survey
The National Federation of Independent Business (NFIB) reported a 3.8 point increase in the September Small Business Optimism Index.
Significance Of An Index Dividend Yield Greater Than 10-Year Treasury Bond Yield
It probably goes without saying but bond market interest rates have been driven down to unforeseen levels, near-zero, causing investors to search for yield in other places.
Earnings Support Market's Recent Move Higher
The one thing investor know about company earnings reports is it is a rearview mirror look on what has occurred on a quarterly or annual basis.
Chicago Business Barometer Surges
Today's release of the Chicago Business Barometer for September jumped 11.2 points to 62.4. This is further evidence of an economy that is rebounding strongly from the virus initiated recession.
Higher Unemployment Level As Some States Are Slower To Reopen
Improvement is being made in the job market as the continuing claims data and unemployment rate continue to decline.
Individual Investor Sentiment Not Matching Actions
The American Association of Individual Investor's Sentiment Survey release for the week ending 9/23/2020 showed bullish investor sentiment fell 7.1 percentage points to 24.9%.
Here We Go Again: Value To Finally Outperform Growth?
So far for most of the month of September, the large cap value stock space has outperformed large cap growth.
Mega Cap Stocks Run Into A Headwind
The first two days of September saw the S&P 500 Index get off to a nice positive start, up 2.29% on a price-only basis. Since then though the market has declined 5.4% on a total return basis.
Small Business Optimism, And Importantly Hiring Plans, Remains Favorable
The NFIB Small Business Optimism Index for August was reported at 100.2, which is a 1.4 increase over July's reading.
The Stock Market And Economy Seem To Be In Sync
It seems the market and economy are in sync to a certain degree. Since the S&P 500 Index low on March 23, it has returned over 53% on a price only basis as of this past Friday. The S&P 500 has generated a positive return in 16 of the last 24 weeks.
Stock Prices Reflecting A Resumption In Earnings Growth
One factor about the equity market that stands true is that its movements are often influenced by expectations. Economic news that is reported as better-than-expected often impacts broad equity market prices and earnings.
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