The U.S. stock market plunged April 4 and 5 as investors expressed grand concerns regarding the potential impacts of global tariff policy announced the Wednesday before. The response being inarguably negative, the primary points we broadly resolved from the days’ trends include: That’s the Brief Hearkening back to the COVID-19 era, severe back-to-back declines in […]
Much as we figured in last month’s commentary, market volatility has only increased as the current administration has sought to implement its domestic and geopolitical agendas. Hard to tell what’s driving the turbulence, though we’d have to think that folks are more concerned about the potential for tariff policy to upset the domestic growth cart. […]
With the new U.S. presidential administration comes a range of distinct methods of governing. Among that list is a seemingly blunt-force approach to trade management that over the past few days has resulted in more than a few market gyrations. We could discuss the specifics, but as soon as we might, they’re likely to change. […]
At today’s close, shares in U.S. chipmaker Nvidia Corp (NVDA) are off just under 17% after Chinese generative artificial intelligence (genAI) startup DeepSeek released an update to its large language model (or LLM, in shorthand the technology that provides the underpinnings of genAI capabilities). The update purports to radically reduce the cost of building and […]
Our experience during the various boom-bust cycles of this millennium suggests themes built upon the sandy ground of indefensible valuations eventually erode. Relative gains may come, then, from having more heavily emphasized those stocks with sounder footings. Here again, the current environment presents value-minded U.S. equity market investors with a conundrum: Compared to…? It’s become […]
Over the next few weeks, attention almost assuredly will remain focused on the potential ramifications of the incoming Trump presidency. With policy specifics still light, we’ll offer what we find a more immediately relevant review of U.S. stocks: their present collective valuation. By most any measure, U.S. stocks are more expensive than they have been […]
Statera is pleased to announce a second series of model portfolios is now available on the Envestnet platform: the Statera Multimanager Strategy. Similarly a long-term, strategic-oriented approach, our “multimanager” strategy is distinct from our existing “multifactor” strategy in that the methodology combines two distinct styles of equity investing: we pair the quantitative, multifactor-oriented strategies we […]
Investing naturally presumes expectations for a future result. Certain types of investing can just about guarantee a specific future result. Futures markets can provide such certainty, in that futures contracts are a legal agreement to transact a specific asset on a specific date. Investors can utilize futures markets to manage risk (i.e., by “locking in […]
In this podcast, I lament the quick-draw narratives that seem to drive short-term market volatility.
Podcast: Play in new window
It’s sometimes (often lately?) a challenge to support the idea that history suggests investors should be more interested in owning a wide swath of companies about which barely anyone knows anything. These companies, generally smaller and definitionally less glamorous than their higher-notoriety cousins, are real companies with real businesses that have inherent values. Investors have […]
