By David Nelson, CFA The year is 1970. The United States is in the middle of an unpopular war, Kent State is fresh in our minds, Janis Joplin is found dead from a heroin overdose and U.S. markets are entering a decade that financial professionals still with us would like to forget. …Evolution, revolution, gun […]
Category Archives: Investment Management
June
09
Trump to Privatize Air Traffic Control – Bring It On!
posted by David Nelson, CFA
By David Nelson, CFA I’m at 33,000 feet aboard Jet Blue’s flight from JFK to Albuquerque New Mexico. After sitting on the taxi way number 26 for take-off and a 90 minute delay I thought the timing was perfect to put together some talking points regarding the President’s proposal to move Air Traffic Control from […]
June
02
The Glass is Half Empty – 2 Charts That Prove It!
posted by David Nelson, CFA
The Glass is Half Empty – 2 Charts that prove it By David Nelson, CFA Despite a Washington backdrop that continues to drag on investor sentiment, markets around the world powered higher following a brief reset after the leak of former FBI Director James Comey’s memo. Leadership continues to narrow into a handful of names […]
May
30
Bonds Aren’t Following the Bull Market Script
posted by David Nelson, CFA
By David Nelson, CFA With equity markets (SPY) at all-time highs investors are searching for any signal that could give them an advance warning to pull the rip cord. Even in the face of a paralyzed Washington traders have stepped in to buy each and every dip. Tax reform and other market friendly initiatives have […]
May
22
The Greatest Show on Earth
posted by David Nelson, CFA
By David Nelson, CFA After 146 years the Greatest Show on Earth Ringling Bros. took its final bow. The lions, tigers and bears along with an army of circus performers and technicians end a tradition that first had its roots in 1871 under showman P.T. Barnum. Don’t worry circus fans. Thrills still await just east […]
May
15
Tug of War – Investors Caught in the Middle
posted by David Nelson, CFA
By David Nelson, CFA Investors seem to have stumbled into the middle of a good old fashioned Tug of War. On one side strong corporate earnings, sales and margins look to push stocks higher. On the other is a paralyzed Washington as both sides of the aisle believe the only thing that matters is I […]
May
09
Common Sense Investing for Retirement
posted by David Nelson, CFA
By David Nelson, CFA Probably the most important word I’ll use this morning is consistency. Regardless of age having a plan and sticking to it is the best advice any financial professional can give. Mutual funds often get a bad rap and even today some talk about a bubble in index funds. It doesn’t matter […]
May
08
Can The Hammer Save Oil Bulls?
posted by David Nelson, CFA
By David Nelson, CFA Healthcare and the French Elections topped the Wall of Worry list for the last several weeks. As of this writing a Macron win seems all but certain with early exit polls giving him 65% of the vote. Here in the states Healthcare is once again center stage as a partisan Congress […]
May
01
What CEOs Will Do With the Trump Tax Cut – The Answer Isn’t What You Think
posted by David Nelson, CFA
By David Nelson, CFA After a 6 week slide from the all-time intraday high of 2400, the S&P 500 (SPY) rallied in the final two weeks of April hoping to retake the high ground. The tug of war between valuation, politics and macro concerns vs. a relatively strong earnings season rages on. While the CBOE […]
April
17
Forget North Korea – Something even more sinister is lurking in the shadows
posted by David Nelson, CFA
By David Nelson, CFA The usual suspects’ valuation and politics both played a role in last week’s market decline. However, it’s safe to say rumors of another nuclear test on the Korean peninsula forced traders to the exit as the S&P 500 (SPY) closed at the lows of the day, week and month heading into […]
