The latest Bank of America / Merrill Lynch survey of institutional investment managers showed incredibly high allocations to cash. To us, this is a positive contrary indicator.
Wells Fargo commits multiple misdeeds yet awards their CEO Tim Sloan a pay raise. To read the full Bloomberg article, click below.
The U.S. Department of Labor announced a jobs report today that was viewed by investors as “just right”. Click below to read the comments by Dr. Lewis Spellman, our firm’s Macro-economist.
Bitcoin has no shortage of true believers and naysayers. This InvestorPlace article presents the argument against Bitcoin as a real currency.
Investors are the most bearish they have been since the financial crisis – nearly 7 in 10 think that stocks are over-valued. This is a strong contrary indicator of future market direction.
Bitcoin has been getting a tremendous amount of media attention lately. See our post for an interesting interview with Cameron Winklevoss and a recommendation for a good book on the subject.
In the wake of the scandal enveloping Wells Fargo bank, its advisory & brokerage arm is now under scrutiny.
Have you ever met with an investment advisor to create a plan for your future, and the first thing they present is a pie chart? You are then told based on your age, what the appropriate size of each slice should be for you. These slices are typically arranged by class (small cap, mid cap, large cap, growth and value, international and bond funds, etc).