ECONOMICS & INVESTING

Debunking Some Bunk: Is September Really That Bad a Month?

Debunking Some Bunk: Is September Really That Bad a Month?

Sometimes our industry grabs on to a concept and cannot let it go. Is September the worst month from a performance standpoint? Does it almost always go down? Should one avoid the markets in September? Let’s take a quick look.

LISTEN: PM Brendan Ryan on ‘Behind the Markets’

LISTEN: PM Brendan Ryan on ‘Behind the Markets’

BCM Portfolio Manager Brendan Ryan, CFA® joined Jeremy Schwartz and Jeremy Siegel of Wharton Business Radio’s Behind the Markets podcast to discuss why traditional asset allocation methods are no longer sufficient, emerging short- and long-term market trends, and how to use machine learning to pursue prudent risk taking in an era where it’s becoming more necessary than ever.

LISTEN: PM Brendan Ryan on ‘Behind the Markets’

The Anatomy of a Bear Market

What does a typical bear market look like? How long do they last? When are the majority of the losses incurred?

Debunking Some Bunk: Is September Really That Bad a Month?

Using Total Return to Meet Your Clients’ Withdrawal Needs

For decades most financial plans were created with withdrawal rates of 4 to 5% to meet clients’ living needs. Yet today, the 10-year U.S. Treasury yield is hovering around 0.65% and even the 30-year has a ~1.0% yield. Worse yet, yields on equities have also trended lower with the dividend yield of the S&P 500® Index sitting at ~2.1%.

Bond ETF’s Price Divergence From NAV: How Do We Tell Which Was “Right”?

Bond ETF’s Price Divergence From NAV: How Do We Tell Which Was “Right”?

“What happened to fixed income ETFs in the March sell-off?” So far, we’ve kept quiet on the subject. Not due to a lack of opinions, but because we felt we didn’t have much to add to the discussion. Our many fund sponsor and trading partners (SSGA, iShares, Invesco, and Jane Street to name a few) have done a fantastic job of providing detailed analyses on the subject.

LISTEN: PM Brendan Ryan on ‘Behind the Markets’

A Caution From 2007: Beware of the Dividend in Your High Dividend ETFs & Funds

Remember this? It’s late in 2007 and the banks have already started their downward spiral. As their prices fell, their dividend yields rose. Most “high yielding,” “high dividend” or “dividend achiever” type ETFs/funds rebalance quarterly, so at year end, what did they do? They loaded up on bank stocks.

A Word of Caution on Fixed Income in the Current Market Environment

A Word of Caution on Fixed Income in the Current Market Environment

Investors of balanced strategic portfolios as well as effective tactical portfolios are now well aware of the benefits of reduced risk during times of market duress. While volatile markets may encourage investors to seek the historical “safe havens” of fixed income and lower risk investments, an unfortunately timed rebalance or re-allocation towards fixed income can be particularly risky in today’s environment.