Searching for a Performance Tail-Wind

For the past three years our insistence on maintaining a globally diversified portfolio has not been especially helpful in outperforming our blended benchmark on a consistent basis. If we use the EAFE Index (the MSCI Europe Australasia Far East Index) as a proxy for international markets, the returns versus the S&P 500 Index (the stock…

Pinnacle’s Employment Model

Some of the most widely followed measures of U.S. employment, such as jobless claims and payrolls, can be particularly volatile from one month to the next. Some of the volatility is due to seasonal effects and can be smoothed out through seasonal adjustments. However, these adjustments require one to make assumptions that can be somewhat…

Water Cooler Conversations

The investment team members at Pinnacle are connoisseurs of investment research.  We read a vast variety of analysts and money managers, each having their own opinion about the economic cycle or their particular area of expertise.  We have spent a decade finding those analysts who are clear in presenting their point of view, are well-known…