Blog

Month: December 2016

2016: The Year in Charts

These are the charts and themes that tell the story of 2016… I. The Worst Start in History (January) The year started off with a bang as the S&P 500 declined 4.9% in its first 4 trading days, the worst start to a year in history. I cautioned at the time: “predicting bad things for the […]

  • Posted in Uncategorized
  • Comments Off on 2016: The Year in Charts

For the fifth consecutive year, responsible financial advisors all across the country are apologizing to their clients. Why? Because the diversified portfolios they have built are lagging the S&P 500 … for the fifth consecutive year. Any way you slice it (from conservative to aggressive), diversification has failed to keep pace with the S&P 500, […]

The Single Best Predictor of Bond Returns

What are you expecting from the bond portion of your portfolio over the next five years? 5%? 6%? 7%? These would all have been reasonable expectations in the past, but past is not prologue, especially when it comes to investing. Whatever number you were thinking of, it is likely too high. Why? The largest Bond […]

  • Posted in Bonds, Investing
  • Comments Off on The Single Best Predictor of Bond Returns

New Highs, New Lows, New Noise

“A large number of new 52-week highs is very bullish. A large number of new 52-week lows is very bearish.” – Pundit Pundits make these statements with conviction. Conviction, we are told, is a good thing, regardless of whether it is based on fiction or fact. New highs, they scream, are bullish. New lows, they scream, […]

Two Roads: 1 to N, 0 to 1

  • Investing
  • Charlie Bilello

“Doing what we already know how to do takes the world from 1 to n, adding more of something familiar. But every time we create something new, we go from 0 to 1. The act of creation is singular, as is the moment of creation, and the result is something fresh and strange.” – Peter […]

  • Posted in Investing
  • Comments Off on Two Roads: 1 to N, 0 to 1