Clients And Guests Gather To Hear Investment Analysis & Outlook

We were pleased to host events in April at Austin Country Club and Steiner Ranch Steakhouse for over 100 clients and guests. We discussed the dangers of passive investing for those within 10 years of retirement, our outlook for bonds & equities, and our current strategic positioning for growth and income. Click through if you would like to view the slides from the presentation.

Economic Optimism Index Hits New 10 Year High

Americans are even more optimistic about their economic futures than they were following the U.S. presidential election.  In a recent poll released by IBD/TIPP, the Economic Optimism Index hit 56.4 — equal to its level back in October 2004.  Also notable poll results are Americans’ confidence in their own personal financial outlooks and confidence in new Federal policies.  To…

Chinese Military Buildup Suggests Increased Spending Across Asia

The Chinese continue their military buildup and will be the subject of this week’s Shangri-La Dialogue in Singapore beginning on Friday.  The regional meeting on defense posture gathers military leaders from around the world.  South China Sea disputes are likely to dominate the talks.  Analysts expect discussion behind the scenes to be centered around the military buildups by…

Hedge Funds Suffer Massive Redemptions

The hedge fund business continues to hemorrhage assets – over $16 billion in the last six months.  “As a group, hedge funds have suffered horrid performance for more than two years,” said Bryan Anderson, Vice-President & Market Strategist for Beck Capital Management.  “Valeant Pharmaceuticals was a favorite of hedge funds beginning early in 2013.  Last year it imploded and…

New Study Emphasizes Importance of Conducting Background Check on Financial Advisers

There’s a phrase no one wants to read in a sweeping report about the financial advisers who handle their savings: economy-wide misconduct. A new working paper by business school professors at the University of Chicago and University of Minnesota found that 7 percent of financial advisers have been disciplined for misconduct that ranges from putting clients in…