Blog Articles

Timely and relevant articles such as our Point of the Week, where we provide market analysis through the lens of Bellatore’s four-point analytical process.

Advice Pays – As Much as 2.9% per Year June 30, 2014 - Financial advisors and professional money managers provided investors significant value before, during and after the Great Recession. So says a study by human resources consulting firm Aon Hewitt. Their study, “Help in Defined Contribution Plans: 2006 Through 2010,” explores how investors who had investment help faired versus investors who didn’t. In the study, Aon Hewitt […]
Now Available: Five Strategies for a Rising Rate Environment Revisited December 23, 2013 - Kane Cotton, CFA and Jonathan Scheid, CFA were recently featured in Advisor Perspectives. Their article, “Five Strategies for a Rising Rate Environment Revisited,” provides a review of their 2010 strategies, a look at the recent summer stress test and how they recommend positioning a portfolio going forward. The article can be found here. We encourage […]
Some Bond Questions and Answers October 15, 2013 - Why are “safe” bonds losing money this year? The tailwind to bond investing has turned into a headwind this year. The wind we are referring to is the direction of interest rates. Interest rates on bonds have been on a three decade long decline. Because of this, bond investors have essentially received a bonus in […]
Dreaming the Impossible October 7, 2013 - “You may say I’m a dreamer, but I’m not the only one. I hope some day you’ll join us, and the world will live as one.” – John Lennon – Imagine Have you dreamed of something amazing lately? Something impossible? Implausible? Inconceivable? If not, I highly recommend it. Think about the internet. Today we take […]
When Will QE End? October 6, 2013 - The Federal Reserve surprised investors on September 18, 2013 with news that they would continue their monthly bond purchase program. Investors had expected the Fed to start to taper (i.e., reduce the amount of bonds it purchased per month) its bond purchase program known as Quantitative Easing (QE). Since December 2012, the Fed has been […]
If You Want to Know Where Stocks are Headed, Don’t Ask the Economy May 22, 2013 - Stocks should do well when the economy does well. This seems like a no brainer. After all, a strong economy should mean that more profit and growth is available to corporations, and that should make its way down to shareholders. This, in turn, should reward investors who pursue broad market exposures offered through ETFs like […]
Another Look at Valuations January 29, 2013 - Why Playing Defense May Be More Expensive The sideways market paradox continues. While earnings, cash balances and other corporate metrics have improved dramatically over the last decade, the market itself has been range bound and volatile due to the excessive valuations that resulted from the tech boom. To be sure, we are 12 years into […]
Political Parties and GDP January 9, 2013 - Have you ever wondered why your candidate is better for the economy than the other candidate? Ever think supporters of the opponent are thinking the same? It is interesting to note that both sides feel their party and their candidates are better for the economy and stock market. We surely saw this phenomenon in last […]
Rebalancing Keeps Us from Over-Indulging January 4, 2013 - Do you know that feeling of regret after you’ve eaten that seventeenth Christmas cookie in the same day? Me too. It was good in a small dose, so we tell ourselves that it must be even better in larger doses, right? In a way, managing risk in our portfolio is similar to managing our diet […]
The Long Slog Toward a Cheaper Market December 11, 2012 - Over time, earnings and stock prices move together. The short term is more of an educated guess that is probably best left to technical analysis. With earnings season wrapping up, it makes sense to look at where we’ve been, where we are, and where we may go as we move into 2013. The chart below […]