Archive for the ‘FYI Investors!!!!’ Category
2018 Is Officially “The Worst Year On Record” With 93% Of All Assets Down
December 21st, 2018 by Jason B. Vanclef
by Tyler Durden Fri, 12/21/2018 – 07:45 Two months ago we first showed what Deutsche Bank dubbed “a quite fascinating statistic” namely that as of the end of October, 89% of assets that the German bank collects data on for its annual long-term study, had a negative total return year to date in dollar terms. […]
‘You’ Are Different This Time
October 22nd, 2018 by Jason B. Vanclef
Authored by John Coumarianos via RealInvestmentAdvice.com, You don’t always see a respected member of the financial commentariat argue that it’s different this time. But that’s almost what Morningstar’s Christine Benz has done in an excellent recent article. What Benz means is that you’re different now than you were during past market cycles. More specifically, you’re older now […]
Peak Hubris
February 8th, 2018 by Jason B. Vanclef
Authored by Michael Lebowitz via RealInvestmentAdvice.com, In the past month, two well-known and highly respected money managers have made confident assertions about the markets. Their comments would lead one to believe that the future path of the market in the coming months is known. Sadly, many investors put blind faith in the words of high-profile, […]
Only 1 stock-market sector has experienced real earnings gains in the past 12 months
January 29th, 2018 by Jason B. Vanclef
By David Trainer and Sam McBride Published: Jan 28, 2018 1:12 p.m. ET Only the tech sector saw economic earnings rise Getty ImagesReal or an illusion? We’ve written before about how the “earnings recovery” in U.S. equity markets is an illusion. Accounting earnings may have rebounded from 2015 lows, but economic earnings—which reverse accounting distortionsand account for the weighted average cost of capital […]
Trump Tax Plan To Benefit “Top 1%” Most, Cost $2.4 Trillion, Middle Class To Pay More Taxes
September 29th, 2017 by Jason B. Vanclef
by Tyler Durden Sep 29, 2017 2:28 PM Based on what we already know about the proposed Trump tax reform, which can be summarized as follows: collapse the seven individual income tax rates to three (12, 25, and 35 percent), increase the standard deduction, eliminate personal exemptions, increase the child tax credit, eliminate most itemized […]
Spot The Odd One Out
June 27th, 2017 by Jason B. Vanclef
by Tyler Durden Jun 27, 2017 3:40 PM Presented with little comment… Top-Down… Bottom-Up… A rare one-time event has created the final big buying opportunity at such a low price. Bonds ain’t buying it… Commodities have given up hope… But then there’s this… And unless The Fed, ECB, and/or BoJ step […]
The Market Is Delusional: Earnings Growth Rates Are Dramatically Overstated
June 17th, 2017 by Jason B. Vanclef
Jun.16.17 Seeking alpha.com Summary Corporate profits after tax continue to represent a historically large portion of the economy. Earnings growth relies on one of two terrible theories. Either more of the pie goes to corporate profits or GDP suddenly roars back to life. The labor force growth rate is anemic at best and hours per […]
The Passive Indexing Trap
April 25th, 2017 by Jason B. Vanclef
4-25-17 Authored by Lance Roberts via RealInvestmentAdvice.com, “The real goal of any investment advisor is not to “beat the index” on the way up, but rather to protect capital on the “way down.” It is capital destruction that leads to poor investment decision making, emotionally based financial mistakes and destruction of financial goals. It is also […]
Opinion: The smart money is record ‘short’ in stocks, and the dumb money is record ‘long’
April 6th, 2017 by Jason B. Vanclef
By Simon Maierhofer Published: Apr 6, 2017 4:53 a.m. ET And that begs the question: Is it time to get out? In the post-2009 bull market in stocks, investors have been stubbornly bearish — to their own detriment. The most recent, and most pronounced, bout of pessimism happened in January and February 2016, when we […]
Insider Selling Hit Six-Year Highs As Retail Investors Rushed Into Stocks
April 4th, 2017 by Jason B. Vanclef
by Tyler Durden Apr 3, 2017 3:19 PM Earlier we showed that when looking at asset returns in the first quarter, there were hardly any underperformers while positive returns were generous across virtuall all asset classes. What drove this outsized performance, which once again left most hedge funds and asset managers seeking to generate alpha […]