Interest rates backed up last week. The 30-year T-Bond, which was 1.19% on August 4, closed at 1.44% on Friday (August 14). The 10-year T-Note closed at 0.71%. It was 0.52% on August 4. The CPI showed up with a +0.6% M/M rise (7.4% annual rate) for July. That pushed the Y/Y rate to +1.0% from +0.6% in June. Clothing prices rose +1.1% M/M in July. They had risen +1.7% …Read More
“Set it and forget it” a terrible portfolio philosophy
“Set it and forget it” a terrible portfolio philosophy Robert Barone, Ph.D. 2:53 p.m. PDT April 30, 2015 Neither passive investment strategies nor robo-advisors can maximize profits as well as active management Today’s Wall Street is perpetuating the idea that investor portfolios cannot perform better than the market indexes. The markets are “efficient,” they say, and the only way to increase return is to take more risk. This is a …Read More
Reconciling Contradictory Data
Originally published in RGJ’s Business Section, Sunday, 4/5/15 The markets are still concerned about a weakening U.S. economy, as data from the industrial portion of the economy continues to show weakness, even in March. The ISM Manufacturing Index fell to 51.5 in March, its lowest level in more than 2 years; ADP indicated that private sector job creation fell to 189,000 in March from 214,000 in February with most of the …Read More
Universal Value Advisors Partners with Concert Wealth Management to Offer State-of-the-Art Software, Research and Reporting to Clients
Universal Value Advisors (UVA) has partnered with Concert Wealth Management and the Concert network to offer additional research resources, enhanced reporting, and the power of state-of-the-art automated systems to its clientele. Reno, NV, July 17, 2014 –(PR.com)– Universal Value Advisors (UVA) has partnered with Concert Wealth Management and the Concert network to offer additional research resources, enhanced reporting, and the power of state-of-the-art automated systems to its clientele.Universal Value Advisors …Read More
Bonds Got It Way Wrong, Economy Is Accelerating
First published at Seekingalpha.com http://seekingalpha.com/instablog/27843163-robertbarone/2967823-bonds-got-it-way-wrong-economy-is-accelerating In the financial marketplace, the bond market usually signals first and reflects the magnitude of a changing economic environment. The equity market, on the other hand, is often late, or at least later than the bond market in recognizing oncoming changes in economic conditions. So, the worries now rampant on Wall Street and reflected in a pessimistic media over equity valuations are understandable given that …Read More
