Private Wealth Commentary: Q4 2019
Economic Outlook There is much media discussion and investor concern about what may be ahead in 2020 and beyond. Indeed, similar concerns came up at the beginning of 2019. It is not wise to manage investments based on emotions that the market is “due” for a correction, even while pundits foster this fear. Macro data […]
4th Quarter 2019: 2020 Hindsight
Stocks broke out to all-time highs in the 4th quarter, after spending the prior three quarters struggling to meaningfully eclipse the previous highs set in October 2018. Even if we had been granted the magical opportunity to read last year’s headlines in advance, our guess is that most of us would have vastly underestimated equity […]
Rate of Returns During Rising Rates
Periods are for the calendar years stated. Quartile ranking data provided by PSN Informa, using the Core Fixed Income PSN Universe (gross of fees). At the time of this report, the PSN Core Fixed Income Universe was comprised of 226 managers for 1999 statistics; 350 managers for 2009; 360 managers for 2013. 10-Year U.S. Treasury […]
3rd Quarter 2019: Excuse Me
Although stocks are up nicely so far in 2019, the S&P 500 is trading essentially flat with levels it was at in January 2018. This lackadaisical performance over the past 20 months comes despite modest growth in corporate earnings, and it obscures a sharp 20% correction that hit the market hard during last year’s 4th […]
Norm Conley Shares Stock Picks
On TD Ameritrade’s Morning Trade Live, JAG Capital Management’s CEO and CIO Norm Conley shared his stock picks. Watch now: Morning Trade Live
Revisiting the V bottom in Chip Equipment Makers
Semiconductor equipment companies produce the complex (and expensive) machines that are used to manufacture semiconductor chips. Although both industries are tied to the world’s insatiable demand for chips, their stock prices exhibit very dissimilar returns over various slices of time. This chart demonstrates the relative performance between the Semiconductor Equipment Index and the Semiconductor Index. […]
Are Rising Earnings Yields Pointing to Opportunity?
Investors have had a jittery August so far. The ongoing (never-ending?) US/China trade spat continues to lurch along with no resolution in sight, a potential “hard Brexit” looms in the UK, and EU powerhouse Germany is teetering on the edge of recession. These concerns helped drive a 6% pullback in the S&P 500 between the […]
Norm Conley Discusses How To Invest Amid August Market Volatility
On Morning Trade Live, JAG Capital Management’s CEO and CIO Norm Conley discuss how to invest amid August Market Volatility. Watch now: Morning Trade Live
2nd Quarter 2019: The Wall
As most of our clients and friends are aware, we do not make stock market forecasts. In fact, we believe short-term market prognostications are almost always unworthy of the time spent to produce or consume them, as we do not think anyone can reliably predict gyrations in asset prices in advance. That said, we can […]
Retirement Income: A Lower Risk Recipe To Yields Of 2.5% To 7% — Or More
JA Glynn Private Wealth’s Managing Director & Portfolio Manager, Mike Kimbarovsky spoke with Investor’s Business Daily about a flexible approach to investing for generating retirement income. Read More: Investor’s Business Daily