excerpt from this week's report*: "The traditional method of fundamental analysis implies a market that is substantially undervalued. Even under a strong recessionary scenario of 12.5 times $72 (= 900), the current S&P 500 price produces a positive return. Only a deflationary scenario puts...
The great value add in moderating events and conducting interviews is the ability to select the topics to discuss and questions to pose to some of the best minds in the investment, economic, and geopolitical worlds. So, here are a few takeaways from this Tuesday’s NYSSA Market Forecast luncheon...
excerpts from this week’s report: Model Growth Portfolio (MGP) “ Wow. A fantastic week as the strong underweight in Energy finally paid big dividends most of the relative performance gains at 63 basis points. Combined with a modest 13 basis points and no major negatives produced one of the...
commentary from this week’s “Sectors and Styles Strategy Report”*: Sunday evening’s US Treasury and Fed actions may seem bold to some. I beg to differ. Here are a few thoughts for your consideration: A recent report from respected consultancy Bridgewater Associates upped the ante...
commentary from this week’s “Sectors and Styles Strategy Report”*: There has begun to be a fair amount of talk re stagflation and its consequences, both economic and equity valuation. Should the experience in the coming years resemble the stagflationary era of the 1970s, then P/E levels...
excerpts from this week’s report: Model Growth Portfolio (MGP) A moderately rough week with a negative 28 basis points of relative performance resulting in a dropping of the year to date outperformance to just under 3% at 299 basis points. All in all, a very good relative performance for the first...
excerpts from this week's report: "While most investors are rightfully focused on economic and domestic political matters, it would behoove all not to lose sight of the increasingly more probable event of a military strike on Iran before George Bush leaves office. An attack on Iran stands an...