Market Ethos - July 23rd, 2018 Published by Richardson Wealth Asset Management on Jul 23, 2018 Get Shortie In this edition we revisit our view on bond yields / inflation concerns. There is a balancing act on the inflation front at the moment and we believe the market is not pricing in the risk of building inflationary pressures. Once again, keep... Read more
Market Ethos - July 16th, 2018 Published by Richardson Wealth Asset Management on Jul 16, 2018 Value Investors' Long Drought The style of value investing has been underperforming growth for the better part of the past decade. In this Ethos we shed some light on why one style has been dominating for so long plus signs that some (but not all) of... Read more
Market Ethos - July 9th, 2018 Published by Richardson Wealth Asset Management on Jul 09, 2018 Countering Advisor Biases In this week’s Ethos we delve into which behavioral biases most often impact advisors and other financial professionals. Plus some tools to help counter the risks of being misled by these biases. Read more
Market Ethos - July 3rd, 2018 Published by Richardson Wealth Asset Management on Jul 04, 2018 Old, But Not Obsolete In this week’s Ethos we share our base case scenario for the S&P 500 over the next year. Some good, some bad. Read more
Market Ethos - June 25th, 2018 Published by Richardson Wealth Asset Management on Jun 27, 2018 Collateral Damage This week has mainly been devoted to the rising risk of trade protectionism. In this Ethos we share our views from the poor Canadian dollars perspective which has been under siege of late. Read more
Market Ethos - June 18th, 2018 Published by Richardson Wealth Asset Management on Jun 18, 2018 Behavioral Finance - Active Management's Next Frontier Active portfolio management is the quest to find and profit from mispriced assets. Yet most efforts are focused solely on the underlying investment, not the behavior of other investors that actually... Read more
Market Ethos - June 11th, 2018 Published by Richardson Wealth Asset Management on Jun 11, 2018 Does the Market Overreact? Markets often appear to overreact, not just at the index level but at the individual company. In this Ethos we take a quantitative look at big price moves and find the scenarios the market is likely to overreact to news or earnings... Read more
Market Ethos - June 4th, 2018 Published by Richardson Wealth Asset Management on Jun 04, 2018 Market Cycle Checkup U.S. employment drops, good data, rising yields, this is starting to look like a textbook cycle. In this Ethos we share our Market Cycle indicators which continue to indicate we are in the late cycle but still some room to run. Read more
Market Ethos - May 28th, 2018 Published by Richardson Wealth Asset Management on May 28, 2018 Time to Fade Cyclical Yield? Our focus on cyclical yield over interest rate sensitives has really helped our dividend strategies during this recent bout of rising yields. In this Ethos we share on views on the thematic and scenarios when we will begin... Read more
Market Ethos - May 23rd, 2018 Published by Richardson Wealth Asset Management on May 23, 2018 Machine Learning Meets Portfolio Management Machine learning and data science is gradually becoming a component of many investment managers processes. In this excerpt from two larger reports, we provide a brief introduction to the concept and how we used... Read more