Our latest InvestEd Vidcast discusses the current economic environment and thoughts about inflation, economist Nouriel Roubini and stagflation, and Larry Summer’s secular stagnation. While somewhat mutually exclusive, all three are possible in the coming years. None appear to be too rosy for investors and the stock market. We discuss each scenario and how to invest through what could be a challenging economic cycle.
ACM VidCast – Stock Market Speculation and High Risk Strategies – May 2021
What do SPACs , NFTs, cryptocurrency , shortsqueeze, meme stocks, and WD-40 have in common? What could Bitcoin (BTC), Dogecoin (DOGE), or even Shiba Inu (SHIB) and household brand WD-40 possibly have in common? Join Mark Armbruster, CFA and Christopher Cebula, CPA in the latest ACM InvestEd VidCast to find out.
ACM VidCast – Investing: Hedging Inflation vs. Long-term Returns – May 2021
There are worrisome signs about inflation these days, but it is impossible to know for sure if it is coming. It is also very hard to hedge and can be costly if you are wrong. What about inflation protection by holding real assets such as commodities, gold, inflation-protected bonds or even real estate? Should we accept that inflation will be part of the investment experience, even if it causes some short-term disruptions? Join Mark Armbruster, CFA and Chris Cebula as they discuss the GDP, US debt, housing and consumer prices, and investing in times of inflation in the latest from the ACM InvestEd VidCast Series.
ACM VidCast – Factor Investing: Why doesn’t everyone use it? -March 2021
Factor investing is an investment approach that is deeply rooted in academic research. Using factors in investment portfolios can help dampen volatility, improve diversification and investment results. Join Armbruster Capital’s Mark Armbruster, CFA and special guest, Alex Botte CFA, CAIA from Two Sigma, as they discuss the attributes of factor investing in the latest from the ACM InvestEd VidCast Series. Learn what a factor is, how it relates to portfolio risk, and how it can improve portfolio construction. Warning – we got a little carried away and went over our typical ten minutes or less threshold.
Dow Jones Warning: 40,000 on the Horizon
The Dow will rise to 40,000 in the next 12 months. That’s not so much a forecast as it is a warning. Sure, a rising stock market may sound exciting, but too much of a good thing can pose eventual problems. And, if history is any guide, a quick jump to 40,000 is very possible, but so is a subsequent correction that could take the Dow to 18,000.
ACM VidCast – Stock Market Blue Light Specials: Growth to Value Rotation Opportunity? – December 2020
Is the growth to value stock market rotation just around the corner? Among the hot IPOs and the soaring technology stocks, there are still some underappreciated segments of the stock market that can be bought at reasonable prices, and there’s no flashing blue light to point out these stocks, but there’s an opportunity that could protect capital and also generate significant returns in the decade to come and avoid another “Lost Decade” of portfolio performance. Learn about the “Blue Light Specials” in value stocks.
ACM VidCast – ARKK Innovation Fund: Ride the Wave or Time to Bail? – December 2020
Quantitative factor analysis of ARKK ETF. In our latest ACM InvestEd VidCast we discuss the ARK Innovation Fund (ticker: ARKK) and it’s incredible price trajectory and increase in assets under management (AUM) during 2020. By examining factor exposures using the Fama French 5 factor model, Mark Armbruster, CFA and guest John Lyon, CFA try to break down Cathie Wood’s ARKK secret sauce, determine the drivers of the fund’s current rock star status, and what the future might hold.
ACM InvestEd – Election 2020: Will Investors Win? – October 2020
2020 Election vs the Stock Market – The question on everyone’s mind: How will the 2020 presidential election outcome impact investors and the stock market. Join us as Mark Armbruster, CFA & Chris Cebula, CPA discuss the subject – Regardless of who wins the election, should investors be concerned?
ACM InvestEd – Gold: Attractive Investment or Shiny Distraction? – September 2020
The COVID-19 pandemic resulted in a government-forced shutdown of much of the economy, and subsequently, very large government stimulus packages from nations worldwide. This has amounted to trillions of dollars being pumped into the economy, including $6 trillion in the U.S. alone. Worse, this comes on the heels of massive government spending to help bail out the economy after the 2008 financial crisis, much of which is still sloshing around the global economy.
Many economists fear all this excess liquidity will result in rapid inflation in the years to come. Popular wisdom suggests that gold is a reliable hedge against inflation, and the price of gold has indeed risen recently. We’ve recently fielded a number of questions about gold investments. In our latest ACM VidCast, Mark Armbruster, CFA & Christopher Cebula, CPA, take a look at the merits of gold investments.
ACM InvestEd – When Proven Strategies Aren’t Working – A Lesson from Warren Buffett – September 2020
Here’s today’s dirty little secret that no one wants to talk about: Like Warren Buffett, your investment portfolio is likely underperforming the market this year. Worse, you are probably lagging behind school-aged day traders on Robinhood. Why is that?