Uncategorized

January 26, 2017

/ /
Posted By
/
Comment0
/
Categories
Tailwinds Still Strong For U.S. Materials Industries Back in early 2016, when Donald Trump’s victory in a contentious Republican Party primary still looked unlikely, the global commodity complex reached the bottom of the decline that had begun in mid-2014. From...
Read More →

July 29, 2016

/ /
Posted By
/
Comment0
/
Market Summary We are bullish on the U.S. market for the next few weeks, and suggest buying on dips in August.  Although the market is not cheap, the U.S. is a haven for money leaving Europe because of Brexit and...
Read More →

June 24, 2016

/ /
Posted By
/
Comment0
/
Categories
Gold, oil, stocks, and the return of stagflation:  where to find profits in the current environment.  What investments have the potential to perform well under the economic and market conditions that are taking shape around us?  From many different angles,...
Read More →

June 03, 2016

/ /
Posted By
/
Comment0
/
Categories
Executive Summary 1.  Bonds not risky?  Think again.  At the present juncture, equities are not the only risk assets.  As we stand near the end of a 30-year credit cycle, bond yields are poised to rise.  We don’t know how...
Read More →

May 19, 2016

Executive Summary 1.  Market summary.  The movement of the U.S. dollar will be the key determinant of the direction of U.S. stocks, gold, and oil — and a great deal about the direction of the U.S. currency and market depends...
Read More →

April 15, 2016

The Fiduciary Standard Is Coming To Your Brokerage Since 1974, consumer protection for retirement savings products has been overseen not by financial regulators, as one might expect, but by the Department of Labor, under ERISA (the Employee Retirement Income Security...
Read More →

January 08, 2016

/ /
Posted By
/
Comment0
/
Categories
2016 Outlook As regular readers know, we view the U.S. Dollar as the key to the outlook for stocks in 2016. (In the summary section above, we explain why a strong U.S. Dollar has gone from being a positive for...
Read More →

December 31, 2015

/ /
Posted By
/
Comment0
/
Categories
Best of Breed in 2016 In the era of plentiful liquidity that accompanied QE and six-plus years of near-zero interest rates, the rising tide lifted many boats that really didn’t deserve to get lifted.  U.S. markets are now slightly over-valued,...
Read More →

November 27, 2015

/ /
Posted By
/
Comment0
/
Tactical Views on the Year’s End and Beyond  With just a little more than a month remaining to year’s end, we’re reflecting on the market’s performance thus far as we strategize the final push and begin to think about how...
Read More →

November 20, 2015

/ /
Posted By
/
Comment0
/
Categories
Real Estate: The Lay of the Land Stocks and real estate both suffered sharp declines during the Great Recession, and both have recovered in the more-than-six years since the downturn officially ended.  Data Source: NCREIF, Federal Reserve Bank of St...
Read More →

Guild Investment Management

Fully discretionary investment portfolio management

LEARN MORE