Research & Insight

June 10, 2016 By Steve Blumenthal “The best thing we can do is get back to pricing risk. Getting to that point should be and will be painful.”  -- PJ Grzywacz, President, CMG Capital Management Group “Central banks don’t like being the only game in town, but they don’t know how to get out of [...]Read More >

John Mauldin June 8, 2016 [...]Read More >

By Steve Blumenthal June 8, 2016 S&P 500 Index 2119 At the time of this writing, the S&P 500 Index is 15 points away from making an all-time high (amen to that).  Are you as curious as I am as to how the current bull market compares to prior bull runs?  In a word - “aged.”  The [...]Read More >

How it works - A note on the CMG NDR Large Cap Momentum Index:  The index is a weight of evidence approach to identify high risk and low risk investment environments. The direction of the model line in the middle section of the chart can help us see if the weight of evidence is improving or [...]Read More >

June 3, 2016 By Steve Blumenthal “Nearly all men can stand adversity, but if you want to test a man’s character, give him power.” – Abraham Lincoln Do you remember back in the early 80s when interest rates peaked at 15.25% and most everyone felt rates were moving higher, certainly not lower?  [...]Read More >

By Steve Blumenthal June 1, 2016 S&P 500 Index 2090 Two charts that update monthly are the “Global Recession Probability Model” and “The Economy vs. The S&P 500 Index.” Dating back to 1970, the Global Recession Probability Model has correctly predicted global recession [...]Read More >

May 27, 2016 By Steve Blumenthal “The problem with human beings is that they buy what they wish they had and they sell what they are going to need.” – Mark Yusko Yusko took the stage Thursday morning and told a story about a time in 1999 when he served as the chief investment officer of the [...]Read More >

By Steve Blumenthal May 25, 2016 S&P 500 Index 2090 Extreme pessimism remains short-term bullish for the market.  High yield has done well since last week’s buy signal and continues to rally.  The Zweig Bond Model remains in a buy signal.  Trend is short-term positive but note that the [...]Read More >

KING OF PRUSSIA, Pa.--(BUSINESS WIRE)--CMG Capital Management Group, Inc. is pleased to announce the adoption of Global Investment Performance Standards (“GIPS”) for investment performance calculation and reporting. CMG has chosen Ashland Partners & Company LLP to verify its GIPS policies and [...]Read More >

May 20, 2016 By Steve Blumenthal “Let yourself be silently drawn by the strange pull of what you really love.  It will not lead you astray.” -Rumi Sometimes it is good to sit back, reflect, recharge and then, once again, drive forward.  I pulled open a drawer and found, tucked at the bottom [...]Read More >