Why are markets so volatile even though the Federal Reserve telegraphed their interest rate stance? Under the leadership of Chairman Jerome Powell, today’s Federal Reserve Board was supposed to be […]
The Great Fall of China
The consensus seems to feel Chinese equities are uninvestable. Read why the herd could be wrong. The year was 2019. Chinese equities were in the middle of a strong year. […]
Buy Economically Sensitive for a Sensitive Economy
Where are the superior risk/rewards in this sensitive economy? Many investments have more than doubled since their pandemic lows. However, the U.S. equities market is in an interesting position as […]
The Resiliency of Markets and Mankind
It’s December 31st, 2019 and financial markets around the world just capped off one of the best years on record. At that time, if someone had told you we were […]
The Rotation from Growth to Value
The financial media has recently begun to focus on the ongoing rotation from U.S. growth stocks to U.S. value stocks. Specifically, a rotation out of high valuation, momentum growth companies. […]
FOMO – Battling Biases in 2020 and Beyond
As 2020 begins, the year may change, but human nature does not. Humans evolve and refine their thinking, yet common cognitive biases remain. This is especially true when markets are […]
The Bull Stock Market in the Bear Economy
Signs of economic weakness are pervasive. Quantitative evidence from economic reports is depicting an obvious economic slowdown. Additionally, qualitative evidence, such as “expert” commentary and recession related media headlines, means […]
Safe Is Not Safe Anymore
Click here to view a PRINT VERSION of this article. Historically, two sectors with consistently slow earnings growth have been utilities and consumer staples. Over the long-term, these two sectors […]
What Does the Recent US Stock Market Action Mean for 2019?
The old saying “stock prices follow earnings” was not in effect during 2018. The S&P 500 delivered outstanding earnings growth of 22% during the year. However, this impressive earnings growth […]
Seeing Green?
To download a printable version of this article, click here: 201810 OPCM – Marijuana Around this time last year, we wrote an article highlighting the increasing signs of speculation and […]