Portfolio Strategy Review Q3 2018

Q3 Highlights: A judge who likes beer, rising interest rate fear, and an intensifying trade war. The US 10-year bond rate is a good proxy for the cost of money. If you need credit to buy a house, car, invest in a business, etc., the rate matters. For example, when...

Portfolio Strategy Review Q2 2018

Crypto kept crashing and Trump keeps bashing; except for his pal Vlad. The new tax cuts have bolstered US economic growth in this 9th year of economic expansion. Median forecasts for Q2 economic growth are 3.7%, much higher than Q1’s 2.2%. The policy may be good...

Portfolio Strategy Review Q1 2018

The Great Melt Up in stocks continued in January, and then it didn’t. After a January peak driven by economic optimism for US tax reform, a swift 10% decline ensued triggered by several factors: an early year rise in interest rates; the tweeter-in-chief’s tough tariff...

Portfolio Strategy Review 2017

Markets not only continued to defy gravity, the ascent accelerated! And the 2018 predictions are in. Drum roll please: Allan Roth: US stocks will return between -21.7% and +34.7%; international stocks between -26.4% and +42.4%. Thanks Mr. Roth. Did you really want...

Portfolio Strategy Review Q3 2017

Is the Bull Getting Tired Legs?  The last stages of a bull market prompts investment pundits and professionals to make more than their usual predictions about the imminent market declines that are on the horizon. In contrast to the early stages when few are willing to...

Portfolio Strategy Review Q2 2017

5:59am “OK campers rise and shine and don’t forget your booties……the question on everybody’s lips is” ……do you think the US market is in bubble territory? Feels like Groundhog Day as US stock markets keep rising. Record highs occur almost daily.  Expensive stocks keep...