S&P Dow Jones Indices and MSCI are making major changes to the Global Industry Classification Standards (GICS®) structure effective the close of business September 21. The Telecommunication Services sector will be expanded to include selected companies from the Information Technology and Consumer Discretionary sectors and will be renamed Communication Services.
The year 2018 has been marked as an important one for fixed income markets. So far it has been a year filled with speculation and uncertainty. One of the big-ticket items -- the number of rate hikes that the U.S. Federal Reserve will conduct throughout the year.
No matter what business type one analyzes, it is evident that the world is getting even more competitive. A key area of focus is saving clients money. From free 2-day shipping to online deal sites like Gilt City, one thing is abundantly clear: you need to offer your goods and/or services at a...
Last month we discussed the difficulty advisors have in today’s market deciding where to invest new client capital. The influx of market volatility over the past 3 months has certainly not helped answer that question. But is market volatility all that evil?
The S&P 500® Information Technology Index has been on a significant bull run for quite some time now, especially since the beginning of 2017. It has outpaced the other S&P 500® sectors by a wide margin. It also has the largest weight within the S&P 500® Index, significantly contributing to the S&P...
Having started in the industry in 1984, you could say my timing was pretty good. Back then, US Treasury bond yields were at all-time highs and the S&P 500 was trading in the 160s. Putting new cash to work in the markets was a stress-free decision.
It’s been an incredible 9-year bull run in the financial markets. The recent spike in volatility is indeed unsettling to investors, causing many to wonder “Is this it? Is this the big one?”
The word risk is one of the most commonly used terms in investing. With that said, we also believe it is one of the most misunderstood. Investors today have many different ideas and predispositions as to what investment risk actually is.
2017 was my 33rd year of working in the financial markets. As a student of the markets, I like to dig into the data to uncover the story behind the performance of a wide range of indexes.
Correlation is one of the most widely used statistics throughout the financial industry. It provides insight as to how assets interact with each other over various time frames and enables its users to construct portfolios with deeper diversification. With that said, many of these use cases are not fully leveraging all correlation has to...