Financial Advisor: The New Modern Portfolio Theory - 06-17-2013
FA Magazine’s Expert Views section featured an article written by Steve. In the piece, he details his views on the new Modern Portfolio Theory and how to build a truly balanced portfolio in today’s economic climate.
John Mauldin: Banzai! Banzai! Banzai! - 06-8-2013
Thoughts from the Frontline: If the central bankers of the world think they’re hearing a battle cry of “Banzai!” from the lips of their Japanese brethren, they may not be far from wrong, because the Japanese are indeed on a mad charge to fight deflation at all costs. As with all good suicidal charges, at least in legend and lore, once the cry has gone up and the thundering charge has begun, there can be no turning back.
Steve on Bloomberg Radio - 06-6-2013
Steve joined Pimm Fox for his radio show on Bloomberg Radio “Taking Stock”.
Steve on TheStreet.com - 06-5-2013
Steve visited with Gregg Greenberg on TheStreet.com give some insight into his stock picks right now. He touches on Google, Johnson & Johnson, T. Rowe Price and Visa.
GMO White Paper, February 2013 -Excerpt: To say that the printing of money by central banks to finance government deficits creates hyperinflations is far too simplistic (bordering on the simple-minded). Hyperinflation is not purely a monetary phenomenon. To claim that is to miss the root causes that underlie these extraordinary periods. It takes something much worse than simply printing money.
Major indexes are striking nearly daily record highs. But with earnings growth slowing sharply, are stocks overvalued? Steve Blumenthal joins MoneyBeat to discuss his tactically managed, risk mitigated approach to investing.
Investors are turning away from Modern Portfolio Theory’s 60/40 asset allocation model as low bond yields and low stock dividends force them to reexamine this time-honored strategy.
The Absolute Return Letter – April 2013 - 04-4-2013
On 5 March 2013 the Dow Jones Industrial Average set a new all-time high, surpassing the previous high of 14,165.50, established back in October 2007. Only the stock market doesn’t seem to recognise that the world is a very different place today when compared to 5 ½ years ago.
By David A. Stockman, The Dow Jones and Standard & Poor’s 500 indexes reached record highs on Thursday, having completely erased the losses since the stock market’s last peak, in 2007. But instead of cheering, we should be very afraid.