Weekly Research Briefing:
The Sea Door...August 7, 2017
I suspect that this will be the view of many readers for the week. It is a good time to take a break. Second quarter earnings are in the books, Congress and the White House are out until September and the Fed is sizing up waders and fishing poles for that annual break to Jackson Hole on the 24th of August.READ NOW >
Defining Alpha...It's Skill Not Excess Return
Alpha may be a common investment term, but it remains commonly misunderstood. Market observers often define alpha simply as a fund’s outperformance relative to a benchmark. This misconception is not only incorrect, but ignores what alpha truly identifies: manager skill.
Wall Street Mood MonitorTM
The Wall Street Mood Monitor is a three-factor model gauging the climate or “mood” for active management within each sector. The factors include sentiment, earnings trends and correlations. Find out which sectors may be a sweet spot for active management.
Tapping Investor Behavior to Source AlphaFebruary 2017
Behavioral biases influence even the most expert investors, and often create a predictable pattern of how future company expectations could evolve.
The New Core Allocation:
With equity valuations at elevated levels, subdued economic growth due to changing demographics and stubbornly low productivity gains, as well as a bleak outlook for fixed income, advisors are challenged to rethink foundational portfolio elements of investor portfolios—which means seeking out strategies that bolster the core going forward.READ NOW >