Discover Pendragon Capital Management’s view of the financial markets and some of the thoughts that go into our investment decisions.

There is nothing so disastrous as a rational investment policy in an irrational world."

There is nothing so disastrous as a rational investment policy in an irrational world.”

John Maynard Keynes

Don’t Try to Time the Market; Just Invest

Do you find yourself unable to invest because you can’t decide on the right time? Do you feel paralyzed by the exuberant ups of your market watch list and in despair over the unexpected lows? Stop Trying to Time the Market! Just Invest. Invest regularly and consistently, without emotion, based on analysis, and in accordance…

Processing Investment Advice, Predictions, and Risks

How seriously do you take market voices? By that, I mean advice, predictions, and risks not always grounded in common sense? This newsletter explores this conundrum. Market Commentators Have No Accountability for Advice, Predictions and Risks Realize that there’s an important disconnect between the “advice”, “predictions” and “risks” people hear from market commentators and actual…

Fundamentals of Investing in Banks

Have you considered banks for your investment portfolio? If not, you may want to reconsider. You see, banks become an attractive sector for finding investment ideas when the yield curve steepens, making banks more profitable. That’s the scenario we’ll likely be facing if the Federal Reserve begins to taper and lets longer-term rates rise. In…

Cash and Unemployment Report Reactions

What does the latest unemployment report say about the economy? This article explores reactions from the Federal Reserve, and the Stock Market. It also examines how much cash investors should hold in their portfolios. >> To subscribe to this monthly newsletter, click on Subscribe! The 9/3/21 Unemployment Report The Employment Report issued on Friday, September 3rd…

Stocks Are Up, While Bond Rates Are Down?

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!…

Stock Market Reacts Inconsistently

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…

How to Commit Financially to Sustainability

What comes to mind when you think of sustainability? What about sustainable investing? Earth Day and Sustainability Perhaps you’re thinking of the kind of activities that are often brought up in articles about the yearly Earth Day celebration. What about Earth Day? Did you know that the first Earth Day took place in 1972? That’s…

Market Volatility, Expectations & the Global Markets

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: Marching Higher

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…

Andrew Fairbanks, Energy Sector Expert, and Climate Impact Co-Manager

Pendragon Capital Management has a passion for sustainable investing and alternate energy sources. Hence the Climate Impact Portfolio which energy sector expert, Andrew Fairbanks, manages with company founder, Ian Green. In this article, we introduce you to Andrew. Meet Energy Sector Expert Andrew Fairbanks PCM: Andrew, tell us about yourself and your background. AF: I…