If you think dividend equities are a passing fad and that retirement portfolios are about to shift back into bonds aaaaaaaaaaaaaany minute now, you should consider the new awareness dawning on people about what their healthcare costs will be in the future. Here are some stats that virtually guarantee the need for portfolio growth as…
Michael Mauboussin: Three Steps Toward Making Better Decisions
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Chart o’ the Day: Most Over- and Under-Owned Trades
Merrill’s quant strategy group tells us where global fund managers are currently positioned the heaviest and lightest relative to historical norms. It’s shocking how hated emerging market equities and commodities have become. Contrarians take note… BofA Merrill Lynch Fund Manager Survey, Datastream Survey period 4th to 10th October 2013. 183 participants with $500bn AUM responded to…
Hot Links: The Bull and Bear Case
Your morning financial links, expertly curated.
Subramanian: Multi-Nats over US Consumer Discretionary
Merrill’s chief of quantitative strategy Savita Subramanian points out something that could become important as we get into the real thick of earnings season – consumer discretionaries, many of which rely upon a buoyant US shopper, are starting to disappoint relative to globally-levered companies: All of the consumer-oriented companies that reported last week missed on…
Fitch Threatens Downgrade of US Debt Ratings
It begins – Fitch Ratings-New York/London-15 October 2013: Fitch Ratings has placed the United States of America’s (U.S.) ‘AAA’ Long-term foreign and local currency Issuer Default Ratings (IDRs) on Rating Watch Negative (RWN). The ratings of all outstanding U.S. sovereign debt securities have also been placed on RWN, as has the U.S. Short-term foreign currency…
Clips from Today’s Fast Money
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361 Capital Weekly Research Briefing
361 Capital portfolio manager, Blaine Rollins, CFA, previously manager of the Janus Fund, writes a weekly update looking back on major moves, macro-trends and economic data points. The 361 Capital Weekly Research Briefing summarizes the latest market news along with some interesting facts and a touch of humor. 361 Capital is a provider of alternative…
Chart o’ the Day: BAML on Breadth
Anytime you’re at or challenging new highs, you want to be aware of market breadth – how many stocks are participating in the rise versus how many are not. In hindsight, the great tell of the market peaks of 2000 and 2007 was undoubtedly the narrowing of leadership up until the point that only a…
What if “Global Headwinds” cease to be a thing anymore?
We adapt quickly when forced to, but then we get stuck in a mental loop and it takes a while to break free. By we I mean you and me – investors and the people who follow the markets. We learn the new story when the gun is pointed at our heads and then it’s…
