The phenomenon of robust stock market gains during the third year of a president’s term—coined the “presidential cycle” by fund manager Jeremy Grantham—may have been “killed off” by the Fed,…
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Fundamental analysis, model portfolios and stock screens based Buffett, Graham, Lynch and other Wall Street Legends. Check out the videos.
In these videos, Validea founder and CEO, John Reese, walks you though the research and tools available on Validea.com. On Validea, you can see how over 6,000 stocks stack up based on…
Fidelity's Contrafund: One Manager's Mission
Will Danoff, the manager of Fidelity’s $108 billion Contrafund– the biggest actively managed stock or bond mutual fund run by a single person—believes that “humans have fundamental investing advantages that…
Growth and Performance in Emerging Markets
Although it seems counterintuitive, evidence suggests that there is a negative correlation between economic growth (GDP) in emerging markets and stock market performance, says a recent Morningstar article. Alex Bryan,…
Markets Moving in Tandem is Unusual
Major markets are moving together more than usual which, given this period of high valuations, is raising concerns that even a slight pullback could cause significant, negative repercussions, according to…
Rekenthaler Report: It's Hard to Be Like Buffett
While every fund manager yearns for Buffett results, “most don’t mimic his investment approach” writes Morningstar’s John Rekenthaler in his September report. Concentrated, low-turnover portfolios are “not for everybody,” he…
Adding Momentum to Your Portfolio
The tendency of recent market performance to persist, an effect known as momentum, has been pervasive even though it is a “blatant violation” of what you would expect in an…
Trade Protectionism May Stunt Market
While for the past three decades U.S. equity prices have been supported by an acceleration of global trade, a recent article in The Wall Street Journal says there is concern…
Marks: Be Selective in a Heated Market
Last month, Bloomberg’s Erick Schatzker sat down with Howard Marks, co-chairman of Oaktree Capital, to discuss the fund manager’s investment approach. With respect to whether the now-stretched equity valuations…
Is Shiller's CAPE as Scary as it Seems?
In the 1990’s, economists Robert Shiller and John Campbell created a valuation metric called the “cyclically adjusted price-earnings” ratio, or CAPE. A Wall Street Journal article from earlier this month…