Market recovery including housing expansions, US trade deficit worsening, a closer look at CBO's budget projections and reality; plus, US energy inching towards independence, and medicaid spending continues to rise all in today’s Market Highlights in Charts.
Can you be honest with yourself? Seriously…completely honest? OK, then please answer this question:
When was the last time you reviewed your portfolios and rebalanced them back to the asset allocation outlined in your financial plan? As the chart below illustrates, we have been enjoying a nine-year bull market, currently the second longest in history, which may continue to run for a long time. Or not. No one, including us, has any idea what the next week, month or year will bring. Looking at the chart, what does your gut tell you ...
Most investment professionals would agree that stock market price movement in the 0-5% range is just ordinary market movement or statistical “noise”. After this, there are three types of market declines that are simply distinguished by the size of the declines: A Pullback is defined as a 5-10% drop, a Correction is a 10-20% decline and a Bear Market is a 20+% decrease in market price. The first should be ignored as it is also ordinary market movement. The second two should ...
Today's highlights include a look at US and Spanish bond yields, the high probability of a "higher-than-promised" rate hike at today's FOMC meeting, new budget deal and tax cuts effect on US deficit, plus more disappointing economic news out of Europe.
Update on the current equity bull market, credit cycle and treasury markets, plus US population decline and its possible impact all in today’s Market Highlights in Charts.
1. Some basic perspective on the current bull market.
Source: WSJ Daily Shot; As of 3/13/18
Like clients, every advisor has a different level of knowledge of the due diligence process.
Often times advisors rely heavily on the due diligence efforts of a third-party such as their broker-dealer or Turnkey Asset Management Platform (TAMP). Regardless of your situation, we hope that the process outlined below gives a solid baseline process for manager evaluation. Hopefully it will help you gain comfort with your investment selections, help demonstrate the value you’re providing your clients, and fulfill many of your ...