On the heels of the Federal Reserves 25 basis point increase this afternoon, here are some truths to consider when looking at your portfolio: The Fed has never raised rates into an economic slowdown (in 1967 they raised rates when corporate profits were negative). Today’s main economic data point releases this morning showed Industrial Production
These data points were more appropriate a week ago after the rout in the stock and high yield market! Five stocks in S&P 500 have generated over 100% of 2015 return – this was before last weeks stock market rout. When stock indices are near highs BUT there is an abundance of new lows. Howard
To give you a sense of the crash in the energy markets and the damage it has done to not only in the MLP space but to the major players in the industry, we only need to look as far as market capitalization. Following a drop in Exxon Mobil’s market cap and a spike in
This is the scenario the Federal Reserve if facing. When Treasury yields go down (like they have been) on assurances the Fed is going to raise rates in 2015, this becomes a credit risk event. And can be seen in the following returns: Last 52 Weeks S&P 500: +0.17% Junk Bonds: -11% Last Month S&P
Pearl Harbor Remembrance Day 74 Years Ago Today Today we honor the 2043 victims who lost their lives at Pearl Harbor on December 7, 1941 protecting our country. Stay Tuned, Stay Hedged & Stay Patient! {TJM} Disclosure Please remember that past performance may not be indicative of future results. Different types of investments involve varying