The Capital Growth Channel

Best Performing Asset Class Over the Past 10 Years?

The dramatic recovery in fixed income markets, which began in Q1, persisted throughout the second quarter. Investors increasingly sought safe haven investments in light of geo-political uncertainty and perceived overvaluation in equity markets more broadly.

US Tech Sector: Continued Run-Up or Correction Coming?

Since the infamous “dot com” meltdown nearly two decades ago, people have tended to question any sort of extended run-up in technology-sector stocks.

Seven Reasons Why Advisors Should Use Bond Ladders

I often hear criticisms about the use of bond ladders. Whenever the criticism comes from professional advisors, however, I’ve noticed it generally involves firms that use only bond mutual funds or ETFs instead of individual, tailored bond portfolios, whether in the form of a bond ladder or not. Unfortunately, much – if not all – of this criticism is based on falsehoods and the conflicts that can arise when advisors employ only mutual funds and ETFs.

ECRI Weekly Leading Index: "Womenomics Falls Short for Japan"

Today's release of the publicly available data from ECRI puts its Weekly Leading Index (WLI) at 144.5, up slightly from the previous week. Year-over-year the four-week moving average of the indicator is now at 4.63%, unchanged from last week. The WLI Growth indicator is now at 2.5, down from the previous week.

No Matter How You Slice It, the Crude Oil Market is Coming into Balance

As the title suggests, any way we slice the data, it appears that the crude oil market is coming into balance to a greater extent than is generally recognized. This has broad asset allocation implications.

Michigan Consumer Sentiment: August Preliminary Highest Since January

The University of Michigan Preliminary Consumer Sentiment for August came in at 97.6, up from the July Final reading of 93.4 and its highest since January. Investing.com had forecast 94.0.

Making Sense of Current Equity and Bond Pricing

Jihan Diolosa, Associate Director of our UK Institutional team, poses questions to our lead multi-asset portfolio managers based on some of the key issues keeping investors awake at night.

The Qatar Situation: Part II

Last week, we discussed a short history of Qatar and its geopolitical imperatives. This week, we will analyze the events precipitating the blockade, the blockade itself, the GCC’s demands and the impact thus far on Qatar. We will examine how the situation has reached a stalemate and, as always, we will conclude with market ramifications.

Second Quarter 2017 Economic & Capital Market Summary

The early optimism that President Trump would be able to reinvigorate domestic economic growth has faded as Congress struggled to pass health care legislation and confusion exists around Trump’s political agenda.

Conference Board Leading Economic Index: Continued Increases in July, Another All-Time High

The latest Conference Board Leading Economic Index (LEI) for July increased to 128.3 from a revised 127.9 in June and is currently at another all-time high. The 0.3 percent month-over-month gain matched the 0.3% increase forecast by Briefing.com.

Get Real About Assessing Your Stock Investments: Growth And Value Impact Capital Appreciation

I believe, and there is plenty of evidence to back my belief, that current market conditions are at an extreme. Although rare, it’s not unusual for aberrant market action to occur. Warren Buffett once said: “The fact that people will be full of greed, fear or folly is predictable. The sequence is not predictable.”

Banking on Change

A review of last month’s market-moving events across countries and asset classes

Gold Was Chemically Destined to Be Money All Along

I think most of you reading this right now are aware that gold is unlike any other metal, certainly any other element. It doesn’t play by the same rules as iron or tin or aluminum, and its value has nothing to do with its utility—or lack thereof.

Why Go Global with Small-Caps?

Co-CIO Francis Gannon looks at recent data and sees encouraging trends for small-caps cyclicals with growing earnings and global exposure.

Why Rates Are Not Moving

Whatever happened to the increase in interest rates that was supposed to occur? Russ explains.