12/18/2014 @ 3:16PM Steve Blumenthal , Contributor I wrote often throughout 2014 about the danger signals flashing from an excessive run up in debt and derivatives. We have a repeat of the scenario we suffered in 2008, only much worse (Watch Junks Bonds For Early Warnings Of New Financial Crisis). The budget recently passed by Congress […]
December 17, 2014 By Aparna Narayanan Investor’s Business Daily Russian markets took a fatal fall Tuesday after a massive hike in interest rate sparked instability in the ruble. Despite President Vladimir Putin assuring the economy will be cured, the country’s stock has been slammed in recent months led by plummeting global energy prices and Western […]
InvestmentNews: Investment Managers ditching 60/40 portfolios in favor of more liquid alternatives - 11-20-2014
November 16, 2014 By Ed McCarthy InvestmentNews CMG CEO Steve Blumenthal spoke to InvestmentNews about an alternative to the traditional 60/40 buy and hold stock/bond portfolio. Blumenthal favors a tactical portfolio comprised of 30% equity, 30% fixed income that reduces equity and fixed income exposure and adds exposure to tactical investment strategies creating a 30/30/40 portfolio. Excerpt […]
November 5, 2014 By Aparna Narayanan Investor’s Business Daily “It’s a game changer,” Steve Blumenthal, CEO of CMG Capital Management Group, told Investor’s Businsess Daily in the story Three Best Reasons To Invest In The Currency-Hedging ETFs. Steve was referring to Friday’s news that the Bank of Japan is massively scaling up its bond-buying program. […]
September 30, 2014 By Aparna Narayanan Investor’s Business Daily CMG CEO Steve Blumenthal shares with IBD his insights into what lies ahead and the top picks for investors who are seeking global exposure and diversification. Excerpt: “Stephen Blumenthal, CEO of CMG Capital Management in Philadelphia, with $600 million in AUM: While the market is modestly overpriced, […]
Bloomberg: Blumenthal on Bond Trends - 08-26-2014
CMG Capital Management Group CEO Steve Blumenthal spoke to Bloomberg News about about trends in the bond market. The story by By Sridhar Natarajan and Matt Robinson, Junk Bonds Overtaken by High Grade as 2014’s Favored Bet, begins: Bonds sold by investment-grade companies worldwide are on pace to deliver something they’ve managed only twice in the past 17 […]
Steve in Bloomberg On Boosting Debt Bets - 08-13-2014
Boosting debt bets could lead to a repeat of 2008 financial crisis, CMG Capital Management Group CEO Steve Blumenthal tells Bloomberg. Derivatives that helped inflate the 2007 credit bubble are being remade for a new generation, writes Sridhar Natarajan and Alastair Marsh in Bloomberg yesterday. The story, titled JPMorgan Joins Goldman in Designing Derivatives for a […]
CMG Media Kit - 08-8-2014
CMG has appeared in various industry media outlets including Investor’s Business Daily, Barron’s, InvestmentNews and the Wall Street Journal. We invite you to check out the CMG Media Kit. This piece highlights some of the appearances we’ve made this year and is a great tool to help your clients learn more about CMG.
February 20, 2014 Steve joined Paul Vigna on WSJ Live’s Money Beat to discuss the Fed’s talks of potentially moving up the timeline for raising interest rates. What can investors do? Check out the video.
Steve on TheStreet.com - 02-20-2014
“Don’t Trust the Traditional 60/40 Split” Steve joined Gregg Greenberg at TheStreet.com once again for a discussion on the overvaluation of the market after last year’s rally and how to optimize a portfolio allocation despite these ever-changing market conditions. To see the interview on TheStreet.com, click here.
WSJ: Fear of Market Risk Ebbs Post-Crisis - 02-12-2014
February 7, 2014 By Daisy Maxey Excerpt: Many high-net-worth investors see recent stock declines as a buying opportunity thanks to lessons learned from the market implosion of 2008-2009. The financial crisis left wealthy investors with a better understanding of risk and of the importance of liquidity, financial advisers say. – Stephen Blumenthal, chief executive of […]
Investor’s Business Daily: Best ETFs For 2014 - 12-30-2013
Best ETFs For 2014: 9 Picks From 9 Strategists December 26, 2013 By Trang Ho Investor’s Business Daily asked several investment strategists to share their one best ETF that investors should consider buying for 2014. Steve picked ProShares Ultra Short Yen (YCS) as the ETF with the most upside potential over the next several years. Read more about […]
Barron’s: Emerging Markets Daily - 11-25-2013
Barron’s reporter, Shuli Ren poses the question “How Much Weight Should EMs Have In Your Portfolio?” She spoke with Steve to talk about exposure in Emerging Markets and whether or not the MSCI ACWI’s 8% exposure is enough. To read the article on Barron’s, click here.
“For near-term boost, go with high-yield fixed income” By Jeff Benjamin Excerpt: “Yes, high yield is attractive right now, but there are also significant risks when your starting point is low interest rates and narrow spreads,” said Steve Blumenthal, chief executive of CMG Capital Management Group Inc., a firm that helps advisers manage bond portfolios. […]
In last week’s Wall Street Journal Voices column, Steve discussed benchmarks and how to have a conversation with your client that sets proper expectations for portfolio returns relative to benchmarks. Excerpt: As human beings we’re competitive and we want what’s best. So when clients see the S&P outperforming their portfolio they want to know what […]