Tag: inflation

Where Have We Been? Where Are We Going? – The Market Message

Asset classes perform differently from year to year. This month, Bill looks back at each asset class’s performance over the past 13 years and provides insight as to what it may mean for the market going forward.

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Energy MLPs – A Better Way to Own Oil

The case can be made that Commodities are a must own asset class.  But sometimes it’s easier than others.  It’s been tough to stay invested in Commodities of late because prices have been falling, not rising.  That’s no more evident anywhere than with Oil.  But there are smart ways to own Oil, and less smart

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My Greatest Concerns for the Decade to Come (Part 2)

As a portfolio manager, Bill Valentine has two overwhelming concerns about the investment markets in the decade to come. This month, he discusses the second one.

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There’s a HUGE Bubble Right Now! Look Out!

Bubble-spotting is a hobby at Valentine Ventures, and this week, we want to point out one that is massive in dollar terms, wide in scope, and that has ramifications for an entire generation.

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We Are Making A Major Bond Shift

Let’s talk about the Taper.  Yes, the Federal Reserve is in the early stages of a resumption to normal monetary conditions.  Specifically, they have begun reducing the amount of monthly open market bond purchases, and eventually they’ll no longer be buying bonds.  Eventually, they will begin to raise interest rates. How will this affect investors’

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Four Things To Glean From Treasury Yields

Did you know that the yield on the 10-year Treasury note can tell you quite a few things about the markets? In this week’s Market Message, Bill Valentine shares four distinct insights to be taken from the 10-year Treasury yield.

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The Market Is Like A Petulant Child

This week, the Federal Reserve continued its strategy of giving very advanced warning that its extraordinary easy policy will eventually be wound down, as we discussed in our “Market Message” on May 31, “The Worm Has Turned.”  This is fundamentally good news. It affirms the Fed’s awareness of the need to stop bond buying, and

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Bernanke’s Hurt Locker

There is no more important issue facing our economy, indeed the world’s economies, and the future performance of the markets than the reversal in Fed policy that will happen over the next several years.  The stakes couldn’t be higher. Do too much, put us into contraction.  Do too little, create inflation. For now, the duty

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The Worm Has Turned

A few days ago, Federal Reserve Chairman Bernanke took what I believe to be the first step in ending Quantitative Easing (the massive money creation / bond buying program dating to the depths of the Financial Crisis).  Chairman Bernanke’s seemingly subtle mention that the Fed will stop easing if the economy continues on its current

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Is This a New Bear Market….Or Something Else?

With volatility up and investors looking for any kind of perspective, what should you make of the stock market of late?  Is this the start of the next Bear Market (and thus the end of the 2.5 year old Bull Market)?  Or is it something else.  If you look at the other Bear Markets of

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