Richard Bernstein: Valuations Matter and How to Reposition Allocations
Concerns around high equity valuations and rising asset prices are finally manifesting. In this webinar, Richard Bernstein will examine the critical shift in the markets - focusing on the anti-tech trade, cyclicals, consumer staples and other areas where RBA is finding opportunities and isolating risks.
At Richard Bernstein Advisors (RBA) we employ a disciplined, top-down approach – we generate alpha by uncovering global investment styles and themes where we believe there are disparities between fundamentals and sentiment. And in current markets, disparities are large.
We seek to beat the market through individual stock selection. We are focused on fundamentals – with particular emphasis on corporate profit cycles rather than economic cycles.
Mr. Bernstein, CEO/CIO of RBA will be addressing key areas that will be important for you and your clients:
- How to protect and reposition your portfolio from market bubbles & risks
- Inflation, economic growth expectations and market implications in 2022
- How RBA is uniquely positioned for the current changing market environment.
- Why Pactive® management is particularly necessary for today’s market
- Our new offering – A One-Stop Core ESG Solution
Kansas City Fed Survey: Activity Expanded in January
The latest index came in at 24, up from 22 last month, indicating steady continued expansion in January. The future outlook rose to 37. All figures are seasonally adjusted. Here is a snapshot of the complete Kansas City Fed Manufacturing Survey.
Pending Home Sales Fell in December
The National Association of Realtors released the December data for their Pending Home Sales Index. According to the National Association of Realtors®, "Pending home sales fell in December, denoting two straight months of declines."
Where the Billions Pouring Into the Energy Transition Are Going
Energy transition investment follows familiar patterns in global capital markets. Large, established financial institutions supply hundreds of billions of dollars a year to finance construction of long-lived assets using familiar zero-carbon technologies — i.e., deployment.
Liftoff in March
The Fed stayed the course today, with no change in the Fed Funds rate, no adjustment to the pace of tapering, no shift in the timeline for raising rates, and no indication that they intend to lift rates in larger steps.
A Bonus Matters More When Its Size Is a Pleasant Surprise: Sarah Green Carmichael
The yearly paying out of lump sums to reward top talent is such a standard, established practice, questioning it may seem a little quaint. More than three-quarters of U.S. companies use performance incentives of some kind. Yet the fact remains, we don’t really know how well they work. Do they encourage people to work harder and smarter?
Three Bitcoin Metrics Suggest a Prolonged Bear Market Is Here
A hefty debate is underway in the crypto space about whether Bitcoin is mired in a drawn-out bear market. Proponents of the notoriously volatile token say a bounce could be around the corner after it shed half its value from an all-time high in November. But a few industry metrics suggest a crypto winter is already here, according to market-intelligence firm Glassnode.
Climate Activists Poised to See Big Gains in 2022
Last year, shareholder activists teamed up with environmental and socially-minded investors in record numbers. The most successful campaign was arguably hedge fund Engine No. 1’s push to add three climate-conscious directors to the board of fossil-fuel behemoth Exxon Mobil Corp. Other notable initiatives included investor Dan Loeb’s attempt to break up Royal Dutch Shell Plc and Bluebell Capital Partners’s push for a management shakeup at GlaxoSmithKline Plc.