US Stock Market – 1999 or 1970s?
https://youtu.be/knI94rRYrTw There are a lot of people comparing the US stock market today to that of 1999. Today there are two significant differences from that time period. In this video we will discuss these differences and why we believe the 1970s may provide a more accurate comparison.
Active vs. Passive II: US and International Stocks
https://youtu.be/n1rbdiIY4Dk Is it better to have active management than passive management (index funds)? It depends. In our previous video on the topic of active vs. passive management, we discussed some of the differences when investing in fixed income. This video highlights why we like active management (over index funds) in US and International equity markets […]
Market Sentiment – Irrational Exuberance?
https://youtu.be/XEX4vkZzKcY Every market time period is different, except for one critical thing – human emotions. Investors buy more when they are optimistic and sell when depressed. They usually make these investment decisions at the wrong time. Watch our video to see what sentiment indictors are saying about today’s market.
Corporate Voting – Is Exxon the Tipping Point?
https://youtu.be/32l0Z8Be0wk One major concern over the years has been the concentration of corporate voting power to large investment firms. The recent proxy vote where 3 new activist board members were elected to Exxon’s board demonstrates the influence these firms can have. Blackrock (and Larry Fink) have become one of the most powerful companies in the […]
Mid-Year THORdex Update
https://youtu.be/VIhyAyRUd6I Our THORdex currently has a reading over 80, which is pointing to higher levels of risk in the US stock market. Warren Buffet’s indicator which compares Total US Market Capitalization vs. GDP, shows that US stocks are at all-time highs. While valuations and risk are high in US stocks, we still see compelling valuations […]
Stock and Bond Yields – Not Enough To Live On!
https://youtu.be/bapRbVp1giAThe “real” yields for both bonds and stocks are negative. The last time that both stocks and bonds generated negative real yields was back in early 70’s. Investors cannot just rely on yield to generate income. THOR understands this dilemma and believes portfolio’s need to be more dynamically managed to maintain appropriate withdrawal rates.
Inflation – Up, Up and Away!
https://youtu.be/NCMKL4Qp8HoThe inflation numbers released by the government last week shocked many, but not us. The Federal Reserve has grown the money supply faster than any time in our history. Prices of lumber (and most commodities we use daily) are up significantly over the past year. One well known commodity hasn’t participated. Listen to find out […]
MLPs: Still in Early Innings
Since our market update on December 17, 2020, MLPs have performed well compared to the rest of the market. We believe that this is only the beginning and there are 4 major reasons to invest in MLPs today: 1) cheap; 2) great cash flow; 3) high current yield; and 4) inflation protection.
Active vs. Passive Investing
https://youtu.be/E76c31A2LiY The debate of active management vs. passive management has been around for a long time. We believe the answer depends on what strategy you are investing in and what area you are investing in. Actively managed US large company growth funds have a more difficult time outperforming passive index funds because the universe of […]
Time to Buy Non-US Stocks
https://youtu.be/54m_GVdj6W0 According to “The Buffet Indicator”, US stocks are selling at a 40% higher valuation then during the peak of 2000. Investing in foreign stocks (especially emerging markets) offers a better opportunity. Three main reasons to invest in emerging markets – they are selling for half the price of US stocks, the countries have better […]