Check the background of this firm on FINRA's BrokerCheck

Weekly Market Commentary

The market wanted an excuse to shed some of the froth from the last two months. A strong September Jobs Report provided the catalyst. Due to its strength, speculation fired up that there might not be another Fed rate cut in December. The highest-flying securities sold off the most, which included technology tied to the AI trade. The Dollar rallied even though Treasury yields declined marginally, which pulled down Foreign Equities and Bonds and most Commodities. Overseas, the news was mostly unchanged and did not enter into market sentiment. The S&P 500 ended the week at -1.95% with Foreign Developed at -3.39% and Emerging Markets at -3.71%. In the US, Small Caps outperformed Large Caps and Value bested Growth. Interest and Blend Bonds posted..... (click for more)

Benefits of Tactical

CLIENT-CENTRIC INVESTING: 
UTILIZING TACTICAL MANAGERS TO IMPROVE RISK/RETURN

Characteristics of Client Portfolios

The most common method for building multi-asset portfolios is based on Modern Portfolio Theory (MPT). The biggest issue we have with this approach is that it is not aligned with most investors’ view of risk. MPT utilizes a process that seeks an efficient portfolio with a given level of risk measured by return volatility. This misalignment manifests itself when the market is down 36%, and a portfolio is down 33%. In this case, the manager is patted on the back (receives a bonus) for outperforming their benchmark, and the investor is out 1/3 of their investment…  (click for more)

Monthly Market Commentary

After months of warning signals about a potential bubble from the announcements of escalating Artificial Intelligence (AI) investments (Cap Ex), technology stocks finally sold off. Interestingly, another bubble concern sold off with crypto currencies suffering double digit losses. Perhaps the extended government shutdown provided the catalyst for the sell off. Meanwhile, the economy continues to move forward with steady, moderate growth. The September Producer Price Index suggests inflation is holding steady at a 2.7% year over year rate. Overseas, Brazil is showing a rebound in business activity, while inflationary pressures are easing. China, while sustaining solid growth, is nonetheless reporting volatile swings in housing prices...... (click for more)