By David Nelson, CFA Rate hike fears and a strong dollar trashed gold this week driving down the metal and associated ETF’s to the lowest levels since Brexit. The inverse relationship between gold and the dollar is well documented hence the selloff in the yellow metal makes perfect sense in light of a rising dollar […]
Tag Archives: TLT
September
25
I’ve good news & bad news for investors – Which do you want first?
posted by David Nelson, CFA
By David Nelson, CFA I’ve got some good news and bad news. The good news is: stocks, bonds and gold exhibited high positive correlation last week all moving higher giving most investors something to cheer about after a rough start to the month. The bad news is: stocks, bonds and gold exhibited high positive correlation […]
January
02
2014 Yearbook
posted by David Nelson, CFA
Alpha Select – December 2014 Update *Alpha Select – December (-1.15%) YTD +13.19% * Net of Fees David Nelson, CFA After a rough start, a series of geopolitical events shaking investor confidence and a disappointing final trading day, 2014 added a 6th year to the bull market that began in 2009. Alpha Select enjoyed another strong year […]
December
29
2015 Bull Market – It’s Different This Time
posted by David Nelson, CFA
By David Nelson, CFA Every year, around this time strategists put together projections taking a bull or bear stance as the sound of the first opening bell rings in 2015. After a 6 year run, a PE multiple marching steadily higher, a wave of buybacks that can’t last and a Fed heading to the exit, […]
October
30
The Pendulum Shifts
posted by David Nelson, CFA
By David Nelson, CFA It’s no secret that there’s been a raging debate inside the Fed. Hawks like Fed Governors Plosser and Fisher have been quite vocal in recent months taking every chance to voice their concerns that the Fed was falling behind the curve. In previous Fed releases it’s the hawks that have taken […]
October
20
The Fed Needs a Communications Czar!
posted by David Nelson, CFA
By David Nelson, CFA In November of 2013 former Fed Chair Ben Bernanke made a speech describing his efforts over the last eight years to “make the Federal Reserve more transparent — and, in particular, to make monetary policy as transparent and open as reasonably possible.” The transparency he describes has morphed into a stream of consciousness narrative […]
October
15
Ebola, ISIS, Oil Prices weigh on Stocks
posted by David Nelson, CFA
David talks to CCCTV’s Karina Huber about the latest market selloff. Ebola, falling interest rates and market volatility weigh on investors
October
03
Jobs Report – Looking Behind the Numbers – CCTV
posted by David Nelson, CFA
David discusses the Friday’s jobs report with CCTV host Michelle Makori and John Herrmann Director of US Rate Strategies, Mitsubishi UFJ Securities
October
01
2 Trends Investors Can’t Ignore – Alpha Select Update
posted by David Nelson, CFA
By David Nelson, CFA Alpha Select – September 2014 Update *Alpha Select – September (-1.50%) YTD +10.93% **S&P 500 – September (-1.55%) YTD +8.1% * Net of Fees ** Includes Dividends September frustrated both Bulls and Bears as momentum in either direction was short lived. It’s clear a stealth correction has been taking place most […]
August
21
Hawks vs Doves – Fed Exit is closer than you think
posted by David Nelson, CFA
By David Nelson, CFA Evidence continues to mount supporting my view the Fed is moving to an eventual exit quicker than the street believes. Yesterday’s release of July’s FOMC minutes has to be viewed as hawkish. The only debate is to what degree. I stand by my call that the first hikes will come during […]
DAVID NELSON, CFA 