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The Delusions Of MAGA

The Delusions Of MAGA

The Donald took to some bragging during yesterday’s annual tax filing moment—-assuring America’s oppressed taxpayers that happier times beckon. In fact, he insinuated that MAGA is not just a slogan. By his lights, apparently, we are already living the dream. To wit: On this Tax Day, America is strong and roaring back. Paychecks are climbing. Tax rates are going […]
The Three Largest Cryptocurrencies

The Three Largest Cryptocurrencies

With all the focus on bitcoin lately, we’ve added a new weekly update that tracks the three largest cryptocurrencies by market share: bitcoin, Ether, and Ripple. According to Wikipedia, a cryptocurrency is “a digital asset designed to work as a medium of exchange that uses cryptography to secure its transactions, to control the creation of additional […]
Investors Are Very Overweight Cash

Investors Are Very Overweight Cash

Stocks Rally On Tuesday This week is shaping up well as the S&P 500 increased 1.07% on Tuesday, meaning it is 3.75% off the February 8th low. I still think the recent high of 2,787 is important. The S&P 500 is now 81 points away from that mark. The earnings season looks like it may actually be […]
Alcoa (AA) Posts Earnings Beat, Raises Full-Year EBITDA Guidance

Alcoa (AA) Posts Earnings Beat, Raises Full-Year EBITDA Guidance

Alcoa Corp. (AA – Free Report) just released its latest quarterly financial results, posting adjusted earnings of $0.77 per share and revenues of $3.09 billion. Currently, AA is a Zacks Rank #3 (Hold), but that could change based on today’s results. Heading into the report, Alcoa shares had gained more than 23% over the last […]
EC
                        
                        Asset Allocation Trends

EC Asset Allocation Trends

This article looks at a couple of key trends in asset allocation. We look at the evolution of investor portfolio allocations to stocks, bonds, and cash both across time and more recently. Importantly, we look at how it ties into the valuation picture against the backdrop of a coming full circle in the global monetary […]
Hoisington Quarterly Review And Outlook, First Quarter 2018

Hoisington Quarterly Review And Outlook, First Quarter 2018

Lacy Hunt is in the very top rank of US economists. He would have made an excellent Fed chairman, if you ask me (no one did who mattered); but he goes on holding down the fort, along with partner Van Hoisington, at Hoisington Investment Management in Austin; and so you and I continue to have […]
3 Dividend ETFs With High Inflows In April

3 Dividend ETFs With High Inflows In April

U.S. equity markets are facing widespread volatility, thanks to trade negotiations and recent geopolitical risks owing to the U.S. strike on Syrian chemical facilities.  Although the markets shrugged off fears stemming from the Syria attack and proposed sanctions on Russia as the earnings season is underway, the long-term impact of such factors might increase the […]
Another Natural Gas Bounce Fails

Another Natural Gas Bounce Fails

Natural gas prices started strong right out of the gate today, with the May contract rallying to the $2.79 level before reversing and settling just a single tick up on the day.  This fit in perfectly with our expectations, as in our Morning Text Message Alert sent to clients early this morning we highlighted that […]
S&P 500 Snapshot: Up 0.5% YTD

S&P 500 Snapshot: Up 0.5% YTD

The S&P 500 has continued its bounceback as of Wednesday’s close and is down 0.5% YTD and is 5.7% below its record close. The U.S. Treasury puts the closing yield on the 10-year note at 2.87%. Here is a daily chart of the S&P 500. Today’s selling puts the volume 18% below its 50-day moving […]
Can You Still Name The Vampire Squid?

Can You Still Name The Vampire Squid?

What if we told you that just when the Housing Bubble was beginning to unravel over a decade ago and the majority of Wall Street brokerage firms would face insolvency as a result of the all the toxic debt they had on their books, that there was one firm that had the foresight to not […]