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Latin America ETFs

A Secular Bull Market For Stocks? Not Without An Intimidating Bearish Interlude

By | China ETFs, Current Affairs and ETFs, Emerging Market ETFs, ETF Philosophy, ETF Strategy, Europe ETFs, Large Cap ETFs, Latin America ETFs, Small Cap ETFs, Technology ETFs, US Markets and ETFs | No Comments

I could not be any prouder of my 20-year old daughter. In the recent semester, she received “straight 7s” while studying abroad at the University of Queensland in Australia. (Those are “As.”) More impressively, within a week of arriving back in the United States this past November, she secured two part-time lab assistant positions. That’s right. My kid works while pursuing her biology degree at the University of California in San Diego. Why am I writing about my daughter’s triumphs?…

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No Sales, No Profits, No Bull: What Happens When Valuations And Central Banks Collide

By | Asia ETFs, Bond ETFs, Commodity ETFs, Consumer ETFs, Currency ETFs, Current Affairs and ETFs, Emerging Market ETFs, ETF Philosophy, ETF Strategy, Europe ETFs, International ETFs, Large Cap ETFs, Latin America ETFs, Special Sectors ETFs, US Markets and ETFs | No Comments

Total business sales – sales by wholesalers, manufacturers and retailers – have fallen 5% from their July 2014 peak of $1.365 trillion. At $1.296 trillion for January 2016, total business sales have dropped back to where they were in January of 2013 ($1.293 trillion). In fact, the erosion of total sales by American businesses are even uglier when one takes inflation into account. Over the last 20 years, whenever total business sales continued on an upward trajectory, the U.S. economy steered clear…

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Allocation Strategy During The Corporate Debt Hangover

By | Bond ETFs, Consumer ETFs, Current Affairs and ETFs, ETF Philosophy, ETF Strategy, Latin America ETFs, Short ETFs, US Markets and ETFs | No Comments

Are corporations in great shape? Three consecutive quarters of declines in earnings suggest that they are not. Worse yet, record high leverage coupled with close-to-record low interest coverage indicate stress within corporate balance sheets. Beginning with the “profit recession,” it has become fashionable to describe the deterioration as a function of the price collapse in oil and gas. However, that assessment fails the sniff test on three different levels. One, six of the ten S&P 500 economic segments share in…

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Canaries In The Investment Mine Have Stopped Serenading

By | Bond ETFs, China ETFs, Commodity ETFs, Current Affairs and ETFs, Emerging Market ETFs, ETF Philosophy, ETF Strategy, International ETFs, Latin America ETFs, Small Cap ETFs, US Markets and ETFs | No Comments

Eleven months ago, I talked about four classic canaries in the investment mines: (1) commodities, (2) high yield bonds, (3) small-cap stocks, (4) emerging market stocks. I explained that when all four of those canaries stop singing, riskier ETFs usually break down. Indeed, in September of 2014, commodities were tanking, high-yield bonds were plunging, small-cap stocks were faltering and emerging market stocks were plummeting. The canaries were losing their voices. Not surprisingly, the broader U.S. markets eventually followed suit in…

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Are The Media Exaggerating The Bull Market?

By | Asia ETFs, Bond ETFs, Commodity ETFs, Currency ETFs, Current Affairs and ETFs, Dividend ETFs, Emerging Market ETFs, ETF Philosophy, ETF Strategy, Europe ETFs, Global ETFs, International ETFs, Large Cap ETFs, Latin America ETFs, Short ETFs, Small Cap ETFs, Special Sectors ETFs, US Markets and ETFs | No Comments

Notorious bears like Peter Schiff and John Hussman have been warning about the bull market’s inevitable demise for many years. Ignoring their gloom-n-doom predictions has been the better way to go. After all, six years of zero percent interest rate policy by the U.S. Federal Reserve successfully reflated portfolios heavily tilted toward U.S. equities. On the other hand, the fact that the financial media focus so heavily on the largest U.S. corporations is a monstrous disservice to investors. The “presenters”…

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Choosing Your Domestic and Foreign Stock Allocation

By | Asia ETFs, China ETFs, Current Affairs and ETFs, Emerging Market ETFs, ETF Philosophy, ETF Strategy, Europe ETFs, Global ETFs, International ETFs, Latin America ETFs, Small Cap ETFs, US Markets and ETFs | No Comments

There are times when an important statistic simply does not pack a punch. For instance, the percentage of working-aged individuals employed in the labor force sits at 62.8%. This percentage dwells in a 36-year low cellar. Why is it so troubling? The lack of workers adversely affects middle-class consumption capability – the supposed engine that drives the U.S. economy. Indeed, fewer workers means fewer goods and services. It might also imply lower tax revenue to government entities. Yet the above-mentioned…

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These 5 ETF Charts Are Killing “Risk-On” Exhilaration

By | Asia ETFs, China ETFs, Commodity ETFs, Consumer ETFs, Current Affairs and ETFs, Emerging Market ETFs, ETF Philosophy, ETF Strategy, Europe ETFs, Financial ETFs, International ETFs, Latin America ETFs, Real Estate ETFs, Retail ETFs, Small Cap ETFs, Special Sectors ETFs, US Markets and ETFs | No Comments

Admit it. You are feeling a little bit edgy these days. While you understand that fear is the elixir of investment opportunity, you also recognize that there is little glory for the last person standing on a sinking aircraft carrier. Most in the media have been touting bull market accomplishments, job gains and economic progress. Writers regularly highlight the monster percentage gains that U.S. stocks have enjoyed since the lows hit in March of 2009 rather than discuss the reality…

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Emerging Market ETFs Ascend A Great Wall Of Worry

By | Asia ETFs, Bond ETFs, China ETFs, Commodity ETFs, Current Affairs and ETFs, Emerging Market ETFs, ETF Philosophy, ETF Strategy, Europe ETFs, International ETFs, Latin America ETFs, Natural Resources ETFs, US Markets and ETFs | No Comments

If the U.S. economy and the global economy were truly in good shape, why is the SPDR Gold Trust (GLD) performing so admirably in 2014? If  U.S. economic expansion as well as gross world product were actually succeeding, why is Vanguard Extended Duration Treasury (EDV) the envy of capital appreciation seekers? Lastly, if geopolitical tensions are genuinely easing in Ukraine, why are European ETFs still underperforming other regional stock assets? Europe Still Failing To Launch          …

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5 Days of Fearful Trading Provide ETF Insights

By | Asia ETFs, Bond ETFs, China ETFs, Commodity ETFs, Currency ETFs, Emerging Market ETFs, ETF Philosophy, ETF Strategy, Europe ETFs, International ETFs, Latin America ETFs, US Markets and ETFs | One Comment

Five days cannot tell you much about the future direction of market-based securities or their respective asset classes. They may, however, be able to provide insight into the more pressing issues or lingering worries on the minds of investors. For example, many folks believe that Europe’s sovereign debt crisis effectively ended in 2011 when the head of the European Central Bank (ECB) declared it would do “whatever it takes” to preserve the euro. Yet the four worst borrowing-n-spending offenders in the…

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Emerging Markets Versus U.S. Small Caps: Which Provides Better Reward For The Risk?

By | Asia ETFs, China ETFs, Consumer ETFs, Current Affairs and ETFs, Emerging Market ETFs, ETF Philosophy, ETF Strategy, Frontier Market ETFs, Large Cap ETFs, Latin America ETFs, Middle East ETFs, Small Cap ETFs, US Markets and ETFs | No Comments

Downward revisions to economic growth going forward have little to do with the weather in the first few months of the year. Yet economists are already concluding that gross domestic product (GDP) in the second, third and fourth quarters will be lower than originally anticipated. Similarly, the National Retail Federation (NRF) is blaming the so-called “trajectory” of 12 months of sales on the extreme weather patterns in January and February. This is giving the organization cover for less rosy sales…

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