Investing Implications of Trends in Household Wealth

Geoff Considine

Shifting Wealth A new study released by the Russell Sage Foundation analyzes trends in household wealth over the last twenty years, with a focus on the years surrounding the ‘great recession’ of 2008.  The study examines changes in household net worth for the median household, as well as for the 95th percentile of households by… Read More


Low Beta Market Sectors

Geoff Considine

With U.S. equity markets near their record highs and a bull market run that is starting its sixth year, the potential for a correction is a growing concern.  In addition, U.S. equity prices look fairly high when viewed in terms of the PE10 ratio.  Another factor that concerns some market watchers is that volatility (as… Read More


Being a Weather Contrarian

Geoff Considine

Every year when the forecasts for the hurricane season are issued, there have been a spate of articles on implications for investors.  This year was no exception.  USA Today reported that U.S. natural gas prices jumped 3% on the basis of a forecast for an active hurricane season in 2013.  It is also common to… Read More


What Are the Core Asset Classes for Income Portfolios?

Geoff Considine

In a recent post, I presented a list of the ‘core asset classes’ that investors need in order to build portfolios that fully exploit available diversification opportunities.  That article focused on portfolios designed for total return potential, the combined return from price appreciation and income generated by the assets in the portfolio.  For investors focusing… Read More


Sector Watch: Spotlight on Utilities

Geoff Considine

Utility companies are expected to provide fairly stable performance, without too much downside risk.  Utilities are also typically expected to provide lower average returns than the broader market.  In the last decade, however, utilities have out-performed the broader stock market as investors have become increasingly risk-averse and worried about the prospects for sectors that depend… Read More