Rock ‘Em Sock ‘Em Multipliers

Right now we sit in an unusual place in financial history: World fundamentals are taking a back seat to policy makers who are defending the current system with new monetary tools. As market analysts, we’ve watched the perpetual bull and bear debate grow as divisive as ever, and while both camps have impressive arguments, neither…

Blocking and Tackling

We’re three weeks into the football season so it’s time to break out the tired sports metaphors. Today’s column is titled, “Blocking and Tackling,” which I’m using as a new and interesting way to announce that this is a good time to review the fundamentals of Pinnacle’s investment philosophy. With luck, we’ll soon have an…

OMG, the SMP is Now OMT

Let me admit that in the world of texting I am woefully behind the curve. While relatives and friends punch out acronyms for every day words, I would rather simply email or get on the phone to communicate. But getting past my reluctance to fully embrace the Attention Deficit Disorder-like world of texting, it’s fair…

How to Evaluate Return Targets

Every Pinnacle client signs an Investment Policy Statement that spells out the long-term targets for risk and reward for each Pinnacle strategy. Risk is presented in absolute terms as a fixed range of returns based on back-testing a five asset-class portfolio from 1972 to the present. The range of expected annual returns (risk or volatility)…