PDF Version: Zigzagging Continues
Stock Market Declines of 5% to 10% are a normal fact of life for investors. Over the past eight decades, the S&P 500 has averaged over 3 declines of 5% or more every year and at least one decline of 10% or greater. Click Here to continue reading our latest intermediate market outlook.
The latest upleg in the 2009-2011 bull market began last November and has extended into the new year. By now the advance is getting pretty long in the tooth. Insiders, who are usually correct as a group, but sometimes early, have been selling in droves, and huge amounts of cash has been flowing into equity mutual funds. Many sentiment indicators have also reached the kind of extreme often seen prior to a steep decline. Click Here to Read the Full Article on MarketWatch
Thank you to the attendees of the $ums in Retirement Breakfast Presentation on Wednesday January, 23rd. Many of you requested a copy of the slideshow. Please click the orange link below to download. (Note it is a large file and might take a few moments to fully download).
Our guest speakers Martin Pring, Joe Turner and Tom Kopas return this year to deliver an update to Pring Turner Capital Group’s secular outlook for stocks, bonds, and commodities. The last two year’s popular presentation “Are You Prepared for Another Lost Decade” detailed the reasons investors should indeed stand prepared for challenging markets. Packed with fresh new material based on their unique, internationally recognized business cycle research this program leaves plenty of time for answers to topical questions, including: Update to the Secular Bear Market Outlook, Where are we in the Current Business Cycle and What Has Changed? What’s Ahead for the Economy and the Financial Markets?
Pring Turner 2013 TSAASF Presentation *Note Large File* May take awhile to download
Now that you have endured the first decade of the 21st century — indeed the “Lost Decade” — what is in store for you and other investors in the next 10 years? Find out why the folks for Pring Turner Capital Group believe investors should prepare for continued challenging markets and what market benchmarks will look like when we have reached the end of this current secular bear market.
This special extended program will cover a wide array of timely topics including: What are the current and long-term themes for profitable opportunities? What asset allocation decisions will bring investors safely through this cycle? What do the election results mean for investors? What are the realities and implications of the fiscal cliff? Are we approaching an important long-term turning point for interest rates and inflation? What are the risks and opportunities for investors now and in the coming months and years ahead? Valuable insights and unique internationally recognized research will be fully shared at this timely presentation.
Download the Presentation AAII Santa Barbara 2012 Presentation
Download the Handout AAII Santa Barbara 2012 Handout
Are You Prepared for Another Lost Decade? How Much Life is Left in the Current Cyclical Bull Market?
Presented by: Tom Kopas
Now that you have endured the first decade of the 21st century—indeed the “Lost Decade”—what is in store for you and other investors in the next 10 years? Find out why our guest speakers believe investors should prepare for another “Lost Decade” for stocks and what market benchmarks will look like when we have reached the end of this current secular bear market. What are the long-term themes for profitable opportunities? Our guest speakers will discuss what asset allocation decisions will bring investors safely through this cycle. Valuable insights and original research will be fully shared at this timely presentation. Tom will identify where the risks and opportunities are for investors now and in the coming months and years ahead.
Download the Presentation AAII San Francisco Presentation 2012
Download the Handout AAII San Francisco 2012 Handout