It can be difficult decide on a strategy and investment team in a sea of performance statistics. There is no perfect statistic or number for selecting a specific strategy; however, we believe some measures can be useful. This essay will walk through the common metrics used when discussing portfolio performance and provide some context for these numbers.
In a recent Nasdaq Markets publication, HANDLS Indexes Co-founder Matt Patterson provided a fourth quarter and year-end 2020 income investing recap. Matt also provided an outlook for 2021: well diversified portfolios with exposure to multiple asset classes continues to be the best protection against market dislocations.
As discussed in Friday’s #Macroview, stimulus, mainly when it comes from debt, does not create organic economic growth. In the second part of this analysis, we delve into why Powell is wrong when he says more stimulus will solve the employment problem.
2021 has certainly started off interesting. From Reddit readers chasing the most heavily shorted stocks, to the new administration discussing more stimulus, investors have had plenty to deal with. A market review seems appropriate as the bulls seem to remain bulletproof even as the mania grows.
2021 has certainly started off interesting. From Reddit readers chasing the most heavily shorted stocks, to the new administration discussing more stimulus, investors have had plenty to deal with. A market review seems appropriate as the bulls seem to remain bulletproof even as the mania grows.
On an absolute basis, many markets and financial assets seem expensive relative to historic levels. However, as Barclays Capital notes, “Valuations may be detached from fundamentals but not reality.” Cash levels are enormous and numerous investors undoubtedly are sheltering in “safe” assets.
The Fed recognizes their ongoing monetary interventions have created financial risks in terms of asset bubbles. They are also aware that most policy tools are likely ineffective at mitigating financial risks in the future. Such leaves them being dependent on expanding their balance sheet as their primary weapon.
Risk is all around us. After the events of 2020, it’s not surprising that the level and variety of risks we face have become more pronounced than ever. At MAP, we spend much of our time reading. We want to point you to our favorite articles. Here is our weekly curation of our favorite reads.
For months, investors have been scaling what feels like an endless wall of worry. Each concern that gets resolved seems to spawn new uncertainties, yet the market has continued its relentless climb higher.
We’ve lived this movie before. Last August, AAII bullish sentiment struck a 52-week high right before the Fed launched its September rate cutting cycle.
Catalyst Funds
Rational Funds
Strategy Shares