Stocks are up, and bond rates are low, making volatility front and center for investors. The market seems to have no memory from one day to the next. On Thursday, July 8 stocks dropped on fears of the Delta COVID variant only to rally on Friday. >> To subscribe to this monthly newsletter, click on Subscribe!…
Inflation talk has been featured in the business news as well as in this newsletter for a few months now, and most recently in Market Volatility, Expectations & the Global Markets. Despite all the inflation talk, you’ll notice as you read this article that the stock market reacts inconsistently. >> To subscribe to this monthly…
This newsletter explores market volatility including stock ‘air pockets’, market expectations, inflation, and GDP with perspective from global markets. Increased Volatility in the Markets Markets saw increased volatility following first a disappointing jobs report and then a higher than expected level of inflation in the CPI release. During the week of May 10-14, the S&P500…
The stock market has continued its march higher. New Records in Closes, Retail Sales & Corporate Profits New record closes were reached for the Dow Jones Industrials and the S&P500. The NASDAQ is very close to an all-time high. Many European exchanges and the TOPIX Japanese index hit fresh highs as well. Retail sales this…
With COVID-19 vaccinations underway and a new stimulus/relief package in the works, investors have begun to worry about inflation. The concern has manifested itself in a recent rise in longer-dated bond yields. Higher Rates Reduce Asset Value There is some math involved but the simple short of it is that higher rates reduce the value of…
Contrarian investors lead lonely lives. There are many flavors of investors. Some follow momentum. Some are broad asset allocators. Some are short-term traders. There are a lot of ways to make money in the market. There is no one answer. Even further, different strategies can be effective at different times. Contrarians Take Positions Against Prevailing Conventional…
As we say good-bye to 2020, despite all the turmoil and pain, the markets proved to be resilient beyond most people’s imagination. Below, you’ll find the January 2021 BrokerageSelect Newsletter which summarizes current market trends while highlighting the kind of innovative out-of-the-box thinking that Pendragon Capital Management specializes in.
As year-end 2020 approaches, here are investment observations to consider. This is a good time of year to assess your financial goals, investments, and personal situations. In addition, it’s an ideal time to speak with your financial advisor to see what changes might be needed to keep your finances on track. Below, you’ll find the…
Have you considered the role of bonds in your portfolio? The BrokerageSelect Newsletter summarizes current market trends while highlighting the kind of innovative out-of-the-box thinking that Pendragon Capital Management specializes in. This issue will explore bonds and rethinking the role they have traditionally played in a portfolio.
After one of the strongest Augusts on record, investors continue to shake their collective heads. How can a market be doing so well when the COVID economy is in recession? As we discussed in our previous letters, the Federal Reserve’s monetary support and the fiscal stimulus provided by the Congress and Administration have generated the…
