We ASSIST a U.S. and international client base of institutions, Financial Advisors, and high net worth investors carefully navigate complex global equity markets. Our investment focus utilizes global expertise to distribute Country Specific ETF investment strategies as well as a differentiated suite of Iconic Brands portfolios (U.S. Large Cap).
Why all the volatility in markets currently? We discuss going from FOMO to FUD in a nano-second
We aren’t even at the end of January and we have surpassed the average Wall Street analysts 2018 year-end target for the S&P 500! This my friends is called a MELT-UP.
Today’s post will be short and to the point. We have been in a wonderful bull market since March of 2009. We have had a few pull-backs along the way but largely, being long and “checked-out" with regard to allocations and exposures has been rewarded.
The average person in America spends $1100/year on coffee – it’s probably higher if you count coffee at home. That’s $11,000 spend over 10 years. Let’s also assume you get a muffin or some other food so your spending on “other things at Starbucks” is also $1100/yr or $11,000 over 10 years.
2017 has largely been a terrific year for equity investors. For the last few years, we at Accuvest have been pounding the table for U.S. investors to shift some U.S. exposure towards international and emerging markets. Those who took that advice have been rewarded handsomely.
While macro-economic trends point to a continuation of strength in US equities, macro-economic levels point to elevated risk. A late cycle reduction in equity risk for portfolios must be balanced against the opportunity cost of better-than-average returns.
Our travels often take us to Utah, the home of best-selling author, Steven Covey. As with much of America, his book changed the way many think and work. It is no surprise that the Wall Street Journal has called this book “the most influential business book of the century.” Despite being written many years ago, the principles and thoughts still remain insightful and thought-provoking.
It’s time: you need to tune your scanner for information coming out of Mexico. What has always smoldered has started to flame. Those flames could be a five-alarm fire in 2018. Hyperbole? Maybe, but in the course of over fifty visits to Mexico this year alone and 33 years in the country focused on the economic and financial environment in the country, it is clear to our firm that the country is at a critical juncture, and the presidential elections next year will be the determining factor of which way Mexico turns.