EDITOR'S CHOICE
The Tech Sector's Impressive Earnings Power On Display
Article By:
Sheraz Mian
Read
Saturday, November 4, 2017 7:32 PM EDT
The blowout Apple (AAPL) report became the latest earnings release that built on the momentum we have been seeing from a diverse cross-section of companies this earnings season. The trend is particularly notable in the Technology sector.
Home Builders Buckle Under Tax Reform – Reviewing The Damage
EU Shadow Rate Madness
Article By:
Kevin Muir
Read
Thursday, November 2, 2017 9:52 PM EDT
The last thing any equity bull should hope for is a strong economy, especially one accompanied with an uptick in inflation.
The Bond Expectations Bubble
Article By:
Charlie Bilello
Read
Wednesday, November 1, 2017 4:36 PM EDT
Until the bubble bursts and interest rates rise significantly, bonds are not going to come anywhere near such a return.
Replacing Stocks With Volatility?
Article By:
Dr. Stuart Barton
Read
Wednesday, November 1, 2017 11:50 AM EDT
Stock replacement strategies can be used to manage risk. A small allocation to volatility products may offer investors an alternative to more traditional stock replacement strategies.
In this article: XIV(RETIRED) Also: SVXY, UVXY, VXX
Do Portfolio Factors Or Characteristics Drive Expected Returns?
Article By:
Alpha Architect
Read
Tuesday, October 31, 2017 10:58 PM EDT
While factor loadings can be important, examining characteristics is arguably just as effective (and probably more intuitive!).
All-Around Strength In Q3 Earnings Season
Article By:
Sheraz Mian
Read
Friday, October 27, 2017 8:24 PM EDT
We are past the halfway mark in Q3 earnings with results from 54% of the S&P 500 members. This reporting season has turned out to be very good, further strengthening the narrative of a favorable earnings backdrop over the last few quarters.
The Big Macro Play Ahead
Article By:
Gary Tanashian
Read
Friday, October 27, 2017 2:04 PM EDT
This week something happened that has gotten me geeked out like at no other time since Q4 2008, when it was time to put the real precious metals fundamental view (as opposed to commonly accepted gold bug versions) to the test and go all-in.
Long The World
Article By:
John Mauldin
Read
Thursday, October 26, 2017 2:09 PM EDT
I am going to melt your brain today. Vanguard has an ETF that allows you to get long world stock markets. The ticker: VT.
Beware Of Extremist Bond Calls
Article By:
Cullen Roche
Read
Wednesday, October 25, 2017 5:47 PM EDT
The bond market is a fairly short-term instrument with an aggregate average maturity of 8 years and an effective duration of 5.7 years.
In this article: TYX
Life In A Low-Return World: To Hedge Or Not To Hedge?
Article By:
Russell Investments
Read
Wednesday, October 25, 2017 1:05 PM EDT
If a portfolio contains unhedged international assets, then an exchange risk is being automatically taken without being paid, i.e., unrewarded risk. This currency exposure is only a by-product of the asset exposures.
China's Political Tea Leaves
Article By:
Marc Chandler
Read
Tuesday, October 24, 2017 2:02 PM EDT
The 19th Party Congress in China is winding down. President Xi was the core leader before the Congress, and his priorities drove the agenda for the past five years. Expectations for a dramatic shift in policy or priorities seem unfounded.
In this article: CYB
An Increasing Dividend Payout Ratio Is A Positive Indicator For The Market
Article By:
David Templeton
Read
Monday, October 23, 2017 4:30 AM EDT
Since the end of the financial crisis, the dividend payout ratio has been on the rise and now exceeds the pre-financial crisis level. Companies are broadly optimistic about the future.
In this article: SPY
Three Takeaways From The Q3 Earnings Season
Article By:
Sheraz Mian
Read
Friday, October 20, 2017 7:57 PM EDT
We are in the thick of the Q3 earnings season now, with more than 700 companies soon to release results, including 180 S&P 500 members. With results from 87 S&P 500 members already out we will have crossed the halfway mark by the end of this week.
The Next Generation Of Currency Wars: Private Vs. State-Backed Crypto
Article By:
Mises Institute
Read
Friday, October 20, 2017 4:35 PM EDT
Recently Russia announced that it will be unleashing a CryptoRuble, just a week after Vladimir Putin strongly criticized Bitcoin and other private cryptocurrencies.
In this article: BITCOMP
The Little Market That Could
Article By:
David Merkel
Read
Friday, October 20, 2017 4:40 AM EDT
So what do you think of the market? Why are both actual and implied volatility so low? Why are the moves so small, but predominantly up?