The Ancients Knew Something About Investing
“Let every man divide his money into three parts, and invest a third in land, a third in business, and a third let him keep by him in reserve.”
Financial Stocks Join the Party
Financial stocks have been a controversial sector since suffering massive losses in 2007-08, much like Tech stocks were following the bursting of that bubble in 2000. Financials have also generally been out of favor during the recovery of the last few years. In 2011, they were the worst performing sector in the S&P 500, and…
Is High-Frequency Trading a Threat to the Markets?
One of our clients recently asked what we thought about high frequency trading in regard to the risk embedded in markets. I responded that dark pools and high frequency trading are not well understood, and in my opinion exacerbate very short term volatility — sometimes at particularly stressful periods in the market. The question is,…
Nattering Nabobs of Negativism
Ed Yardeni is President and Chief Investment Strategist of Yardeni Research. He has been a leading commentator on the economy and financial markets for 25 years, and his daily column has been required reading for Pinnacle analysts for years. Yardeni (at least for the time we’ve been reading him) is known for being generally optimistic…
Following the Beta Trail
In our Inside the Investment Committee presentation, I mentioned the great start to the year for high beta, domestic cyclical stocks (“high beta” refers to the volatility of the stock compared to the S&P 500). Small cap, semiconductors, miners, and energy stocks have more volatility when compared to the S&P 500 and therefore a higher…
Ken Solow: Is this a Reasonable Time to Take Risks?
Pinnacle Advisory Group’s Chief Investment Officer Ken Solow looks at the firm’s performance in bear and bull markets. The keynote presentation from our February 25 Inside the Investment Committee event.
What Guard Against the Left Tail?
Pinnacle Advisory Group’s Senior Investment Analyst Carl Noble offers the second presentation at our February 25 Inside the Investment Committee event.
Why Guard Against the Right Tail?
Pinnacle Advisory Group’s Chief Investment Strategist Rick Vollaro offers the third presentation from our February 25 Inside the Investment Committee event.
Introduction to Quantitative Analysis
Pinnacle Advisory Group’s Quantitative Analyst Sauro Locatelli explains what he does and how it aids the investment process. This is the fifth presentation from our February 25 Inside the Investment Committee event.
Another Boring Day at the Federal Reserve?
Today marks the second time this year that the Federal Open Market Committee (Fed) will announce its decision on interest rates. On the surface the meeting looks to be somewhat boring: With jobs showing some strength and gas prices getting dangerously close to $4 a gallon, few analysts are expecting the Federal Reserve to announce…
