Delinquent Auto Loans Are Climbing

Shifting tides in the ETF Market?  The following commentary and Charts are  from our friend Kevin Duffy of Bearing Asset Management, LLC. Morningstar just released active vs. passive fund flows data for January.  There was a remarkable turnaround: Whether or not this is the start of a trend, it’s worth keeping an eye on.  I believe…

The chart below, courtesy of GaveKal Research highlights the dramatic contraction in bank credit and loan availability that has occurred in recent months. Their commentary also succinctly summarizes the current situation… To learn more about how these indicators can help manage risk in your portfolio, book a call with Brad. You may book a call here….

Increasing Risk in Leveraged Loan Market is Worrisome for Economy: Remember 2007.  Jon Harris of Alternative Investment Management, LLC has done a great job explaining the increasing danger in the leveraged loan market. This is evident as once again the bond rating agencies, despite the economic havoc they caused in 2007, are playing loosey goosey…

Why Should We Worry About the Longest US Economic Expansion Ever? In July the U. S. economic expansion which began in June 2009, will set the record at 121 months as the longest in memory (see chart), beating out the 10-year, 120-month expansion which ended in March 2009. Should we be worried?  Recessions tend to…

Selling climaxes occur when a stock makes a 12-month low but then closes the week with a gain. They are a sign that stocks are going from weaker to stronger, more sophisticated hands.  Buying climaxes occur when a stock makes a 12-month high but closes the week with a loss.  They are a sign of…

Sharp Fall in German Manufacturing is Another Sign of Global Economic Slowdown.  German Manufacturing output in July was the worst in seven years.  As measured by the German Purchasing Manager Index (PMI), a survey of prevailing economic marketing trends that is a major planning tool for corporate decision makers. It fell to 43.1 in July …