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…
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…
As a boutique wealth-management firm, what makes Pendragon Capital Management stand out is the team and each member’s commitment to clear, thoughtful, individualized expert financial advice. This starts with Pendragon’s founder and president, Ian Green. Meet Ian Green, Pendragon Capital Management, Focused on Individualized Expert Financial Advice PCM: Ian, tell us about…
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…
Twice in the past month, the bears took the S&P500 down to the 200-day moving average but both times failed to break the market lower. The buyers came in and bounced the S&P500 back up to 3130. This is about where stocks are now.
