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Category: Current Market Events

Bond Market “Regime Change”

In SMI's October cover article, The Role of SMI’s Dynamic Asset Allocation Strategy in Light of Current Market Dynamics, we revisited the concern that led to the research/creation of DAA:
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Context for an Ugly October

If you've been tuned into the market's ugly recent slide, it's probably hard to believe that just three weeks ago the market was setting new all-time highs. This downturn has been sudden and painful, but isn't particularly
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3 Reasons SMI Is Banging the Bear Market Drum

SMI has increasingly emphasized caution as this year has progressed, with the latest examples being our October cover article on Dynamic Asset Allocation and Matt's Voices of Reason, Reasons for Caution post Monday. Seems
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Fund Companies Continue to Drop Prices, Reduce Cost of Entry

In autumn, many of us enjoy watching the falling leaves. Mutual-fund investors, meanwhile, are enjoying falling fees. Although the fund industry’s “race to the bottom” probably isn’t over (more prices may yet drop), two
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Trend-Following vs. Predictive Investing

Today I'm going to discuss a fundamental investing distinction between trend-following and predictive strategies. Occasionally I'm reminded that some of these foundational investing building blocks need to be revisited
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Storm Warnings: Looking Back & Forward

Hurricane Florence appears poised to blast the Carolinas in the coming days, with 1.7 million people currently under evacuation warnings and some 5.4 million covered by various hurricane watches and warnings. It's a
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SMI’s Approach to Investing in “Late-Cycle” Bull Markets

Most of the investing world hailed the current bull market taking over the crown as the “longest bull in history” on August 22. While there were a few dissenters arguing over that distinction, by most measures, the current
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Before You Invest

With the stock market near its all-time highs, it’s easy to get complacent. There’s a tendency to forget the pain of the last bear market, take on more risk than we should, and minimize the importance of basic financial
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September Sightings

Rising and Falling Uncertainty Worries abound, from Chinese trade wars…to midterm campaign-related uncertainty…. [But] I’ve crunched data since long before PCs arrived, [so I know that] the Standard & Poor’s 500 index has
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Longest Bull Market in History?

Today the stock market is being widely celebrated for having set a new record as the longest bull market in history. At 3,453 days old, it officially passes the previous record set by the bull that ran from October 1990 to
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