Here's what the Fed is doing to try to spur growth in the economy - and why it's hard to find significant yield from your investments these days.
To illustrate the inflationary pressure we are experiencing, I’ll draw an analogy to personal household finances.
On August 4th, Reading reported Q2 earnings that were nothing short of spectacular. With the 60% growth in book value from last quarter, the gap between where the stock currently trades and the book value has actually widened.
The most important aspect of a portfolio is not past performance, but rather the process that should be consistent in producing that past performance.
The evidence seems to be telling us that equities are becoming quite attractive. The dust probably hasn’t settled yet, but we believe the bargain bins are filling up.
Diversification by country, currency, sector, region, riskiness, or growth-rate is always compelling in portfolio management.