Investment Insights Podcast: Headed for home

Holland_Podcast_150x126Tim Holland, CFA, Senior Vice President, Global Investment Strategist

On this week’s podcast (recorded September 29, 2017), Tim discusses how we at Brinker Capital do not currently see a reason to change our thinking on market history and fundamentals as we head into October.

Quick hits:

  • We have been overweight risk assets and overweight U.S. equities.
  • So far, as we move into the end of Q3, the expected pattern of equity market strength is holding, with the S&P 500 up more than 3% in the quarter.
  • We see many more positives than negatives when we consider the underlying fundamentals for the market and the economy.

For Tim’s full insights, click here to listen to the audio recording.

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The views expressed are those of Brinker Capital and are not intended as investment advice or recommendation. For informational purposes only. Holdings are subject to change. Brinker Capital, Inc., a Registered Investment Advisor.

Investment Insights Podcast: Shaping up to be a pretty good year for diversified asset allocators with an active management bias

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Andrew Rosenberger, CFA, Senior Investment Manager

On this week’s podcast (recorded September 22, 2017), Andy discusses the performance of asset allocators with an active management bias thus far in 2017.

 

Quick hits:

  • 58% of primary shareclass mutual funds in the Lipper Large Growth & Value and Small Growth & Value style boxes have outperformed their passive benchmarks.
  • Upwards of 63% of fixed income managers are outperforming the Barclays Aggregate while 55% of international managers are outperforming the MSCI EAFE.
  • The majority of active managers are outperforming and in emerging markets, where most are not, the asset class is up 31% on the year.

For Andy’s full insights, click here to listen to the audio recording.

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The views expressed are those of Brinker Capital and are not intended as investment advice or recommendation. For informational purposes only. Holdings are subject to change. Brinker Capital, Inc., a Registered Investment Advisor.

Investment Insights Podcast: When the macro clouds clear

Holland_Podcast_150x126Tim Holland, CFA, Senior Vice President, Global Investment Strategist

On this week’s podcast (recorded September 15, 2017), Tim discusses how Brinker Capital’s focus will remain on market and economic fundamentals.

Quick hits:

  • Despite the strong fundamentals in early September, the market was languishing as investors focused on current political and geo-political events.
  • We will of course continue to monitor political and geo-political events, but our focus will remain on market and economic fundamentals; those factors that more than any other drive stock prices over the long-term.

For Tim’s full insights, click here to listen to the audio recording.

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The views expressed are those of Brinker Capital and are not intended as investment advice or recommendation. For informational purposes only. Holdings are subject to change. Brinker Capital, Inc., a Registered Investment Advisor.

Investment Insights Podcast: A review of August markets

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Leigh Lowman, CFA, Investment Manager

On this week’s podcast (recorded September 8, 2017), Leigh provides a quick review of August markets.

 

Quick hits:

  • In a historically seasonally weak month, risk assets exhibited weaker performance in August.
  • Global economies continued to stay the course on the path to recovery with both consumer and business confidence and macroeconomic data remaining positive.
  • We expect that the upcoming actions in Washington may serve as a catalyst for a pickup in volatility, which has been notably absent year to date.
  • However, more volatile periods can often lead to attractive market opportunities.

Listen_Icon  Listen to the audio recording.

Read_Icon  Read the full September Market and Economic Outlook.

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The views expressed are those of Brinker Capital and are not intended as investment advice or recommendation. For informational purposes only. Holdings are subject to change. Brinker Capital, Inc., a Registered Investment Advisor.

 

Investment Insights Podcast: Forgotten fundamentals

Holland_Podcast_150x126Tim Holland, CFA, Senior Vice President, Global Investment Strategist

On this week’s podcast (recorded September 1, 2017), Tim discusses how recent current events are not fundamental to the market’s long-term performance.

Quick hits:

  • In the first half of 2017, the S&P 500 delivered year over year earnings growth of 12%, driven by double digit gains in both the first and second quarter.
  • The robust earnings performance of the S&P 500 is important for several reasons.
  • The underlying economic and market fundamentals are what matter most over the long term, and for the time being the news on both fronts is much more good than bad.

For Tim’s full insights, click here to listen to the audio recording.

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The views expressed are those of Brinker Capital and are not intended as investment advice or recommendation. For informational purposes only. Holdings are subject to change. Brinker Capital, Inc., a Registered Investment Advisor.

Investment Insights Podcast: September could be a grueling month in Washington

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Amy Magnotta, CFASenior Vice President, Brinker Capital

On this week’s podcast (recorded August 29, 2017), Amy discusses how the agenda in Washington, during the month of September, will be grueling.

Quick hits:

  • Lawmakers must deal with raising the debt ceiling, government funding to avoid a shutdown, and a new budget that will provide a reconciliation vehicle so that tax reform can pass with a simple majority vote.
  • We faced a similar situation in September 2013 when the government did shut down for sixteen days.
  • We believe that the Administration serves as both a positive tailwind for the economy and markets, as well as a significant risk.

For Amy’s full insights, click here to listen to the audio recording.

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The views expressed are those of Brinker Capital and are not intended as investment advice or recommendation. For informational purposes only. Holdings are subject to change. Brinker Capital, Inc., a Registered Investment Advisor.

Investment Insights Podcast: US Equities & Constitutional Crises

Holland_Podcast_150x126Tim Holland, CFA, Senior Vice President, Global Investment Strategist

On this week’s podcast (recorded August 23, 2017), Tim examines how the stock market fared during recent Constitutional crises

Quick hits:

  • During that tumultuous Watergate Period, the S&P 500 sold off approximately 30%, easily clearing the Bear Market threshold of a 20% correction.
  • During the 13 months of The Whitewater / Monica Lewinsky Period, the S&P 500 was up approximately 20%, a far better showing than its return during The Watergate Period.
  • While the two periods had much in common politically, why were they so dissimilar when it came to stock market returns?

For Tim’s full insights, click here to listen to the audio recording.

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The views expressed are those of Brinker Capital and are not intended as investment advice or recommendation. For informational purposes only. Holdings are subject to change. Brinker Capital, Inc., a Registered Investment Advisor.

Investment Insights Podcast: A quick review of July markets

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Leigh LowmanInvestment Manager

On this week’s podcast (recorded August 11, 2017), Leigh provides a quick review of July markets.

 

Quick hits:

  • After a strong first half to the year, positive economic growth continued into July.
  • Second quarter earnings came in strong with both revenue and earnings surprises accelerating from already strong levels.
  • the Senate’s failure to pass a healthcare bill cast a shadow on the “Trump trade”, bringing forth concerns on whether meaningful tax and regulatory reform can be accomplished.
  • Overall economic data leans positive and we expect markets will continue to trend upward over the near term.

For Leigh’s full insights, click here to listen to the audio recording.

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The views expressed are those of Brinker Capital and are not intended as investment advice or recommendation. For informational purposes only. Holdings are subject to change. Brinker Capital, Inc., a Registered Investment Advisor.

 

Investment Insights Podcast: The complacency of markets so far in 2017

Jeff Raupp, CFARaupp_Podcast_GraphicDirector of Investments

On this week’s podcast (recorded August 7, 2017), Jeff discusses how in an upward trending market like this, investors often start overestimating their risk appetite.

Quick hits:

  • This past Friday marked the 34th record high for the Dow Jones Industrial Average in 2017.
  • The largest market drawdown that we’ve experienced in 2017 is just 3%.
  • The key to long term investing is choosing a good long-term strategy that you can stay with through up and down markets.

For Jeff’s full insights, click here to listen to the audio recording.

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The views expressed are those of Brinker Capital and are not intended as investment advice or recommendation. For informational purposes only. Holdings are subject to change. Brinker Capital, Inc., a Registered Investment Advisor.

Investment Insights Podcast: Emerging Markets – Going beyond the headlines

Holland_Podcast_150x126Tim Holland, CFA, Senior Vice President, Global Investment Strategist

On this week’s podcast (recorded July 28, 2017), Tim takes a closer look at Emerging Markets and why we own them.

Quick hits:

  • After under-performing U.S. and developed international equities for several years, Emerging Market equities are outdistancing both asset classes since the beginning of 2016.
  • The four largest emerging markets on an adjusted GDP basis are Brazil, Russia, India and China, often referred to as the “BRIC Countries.
  • While there are many positives to investing in emerging markets, there are also meaningful risks including political instability, infrastructure problems and currency volatility.
  • Considering the cyclical and secular tailwinds, we are overweight emerging market equities and remain constructive on the asset class.

For Tim’s full insights, click here to listen to the audio recording.

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The views expressed are those of Brinker Capital and are not intended as investment advice or recommendation. For informational purposes only. Holdings are subject to change. Brinker Capital, Inc., a Registered Investment Advisor. 

Foreign securities are more volatile, harder to price and less liquid than U.S. securities; and are subject to different accounting and regulatory standards, and political and economic risks. These risks are enhanced in emerging markets countries.