Weekly Market Compass: Investors of all sizes are wondering whether cryptocurrencies are right for them. These considerations can help guide your decision.Comments Off on Curious about crypto? Here’s what to ask before investing in bitcoin
Weekly Market Compass: The U.S. and China lead the economic recovery, while fears of another virus wave grow in Brazil and IndiaComments Off on The economic outlook improves, but the shadow of COVID lingers
Weekly Market Compass: Israel may provide a preview of what’s to come in the U.S. and UK — and in any country that achieves broad vaccine distributionComments Off on Israel’s economic data starts to show the impact of vaccines
Weekly Market Compass: Investors may be grateful for the U.S. Federal Reserve’s easy money, but they’re also wary about what might come nextComments Off on Why investors both love and fear the Fed
Investors concerned about inflation may want to consider REITs, energy infrastructure, and global infrastructure.Comments Off on Concerned about inflation? These real assets could help.
Weekly Market Compass: Last week gave us a glimpse into the mindset of U.S. business owners, the U.S. Federal Reserve, the Biden administration, and investors. I believe that much of the news we saw last week may be a harbinger of what’s to come over the course of 2021.Comments Off on A harbinger of what’s to come?
Market sentiment still looks to be improving despite the recent spike in volatility and sell-off in global bond yields.Comments Off on Tactical asset allocation update: March 2021
As we enter year two of the market recovery, investors face a new set of concerns. Has the economy become too hot, too fast? Are we headed for out-of-control inflation? What are the investment implications of all this?Comments Off on Welcome to year two of the stock market recovery
It’s hard to believe that roughly one year has passed since the outbreak of the novel coronavirus (COVID-19). Equally astonishing is the fact that the broad U.S. stock market has kept pressing to new highs, alongside forceful blasts of central bank liquidity and government stimulus checks.Comments Off on How much longer can the ‘recovery’ trade last?
Weekly Market Compass: Stocks were hit last week in the face of inflation fears, but I believe it was a temporary adjustment to a rise in ratesComments Off on Stocks struggle through a volatile week
Market drawdowns are never fun. But for all the hand wringing over the current market downturn and the pain in the long-duration trade, let’s not forget that in many ways, this is playing out as we had hoped. It was only one year ago when the first case of the SARS-CoV-2 appeared in my home state of New Jersey. If you had told me then that 12 months later the U.S. economy would produce 379,000 jobs in the prior month,1 the 10-year U.S. Treasury yield would be flirting with 1.60%,2 and the U.S. 10-year inflation breakeven would be over 2.2%,3 then I would have slept much better that night.Comments Off on I’m not concerned about long-term inflation. Here’s why.
The answer to that question depends on the reason why interest rates are rising. If it’s because real economic growth is picking up, that should be good for stocks through the earnings channel. If it’s because inflation is getting out of control, that should be bad for stocks through the valuation channel.Comments Off on Will higher bond yields kill the bull market in stocks?
Weekly Market Compass: As Israel leads the way in COVID-19 vaccinations, events such as concerts and theatre performances return after an 11-month ban.Comments Off on Vaccines pave the way for ‘normal life’ to re-emerge in Israel
Weekly Market Compass: Bitcoin has gained credibility over the past three years, but I believe its use as a currency, a diversifier or an inflation hedge is a bit off the mark.Comments Off on Bitcoin: Digital currency, digital gold, or digital tulip?