Many people fear that the Fed’s injection of trillions in liquidity will cause inflation to surge. We do not see rising inflation as a serious risk this year, so any concerns about inflation are premature. But it could become a problem depending on fiscal and monetary policy actions this year and next.
Q4 2020 Quarterly Report to Investors
Advisors Capital Management’s (ACM) Q4 2020 Quarterly Report.
A look at the economy, markets and ACM’s individual portfolio strategies.
Surge! Plunge! A Look at Inauguration Day Performance
On Wednesday United States will have a new president. How will markets react? If history is a guide the answer is easy to figure out.
30 Reasons Not to Invest
Over the past 30 years there have been plenty of reasons not to invested. However, those investors who stayed the course have enjoyed record levels in all three of the major stock indexes.
Alan Greenspan: The Weight of GDP
The correlation between growing economic activity and growing weight of real GDP apparently peaked in the late 1970s. In recent years, the conceptual contribution to economic activity has reflected importantly the explosive growth in information gathering and processing techniques, which have greatly extended our capability to substitute ideas for physical volume.
Focus on What You CAN Control
There are certain aspects of our financial lives over which we have some control – our career and how long we work, or how much we spend or save. Time to focus on what we can control.
A Bumpy Ride, But Recovery is Coming
The question investors are now asking is: how much more appreciation can we reasonably expect? The answer is: quite a lot, if you are in the right parts of the market.