Putting Money To Work

As we mentioned earlier today, bullish sentiment skyrocketed over the last two weeks.  This positive swing has lead to a massive rotation out of bonds and into equities.  This week marked the second largest inflow($23.6b)to equity ETF’s ever.  The largest was...
The Bulls Return

The Bulls Return

Key bit from AAII: Bullish sentiment has rebounded by 23 points over past 2 weeks, 14th biggest move in the 29-year history of our survey. Hat tip American Association of Individual...
How Trump Won

How Trump Won

The “Trump Belt” swept across the northern plains from Maine to North Dakota.  Key bit:  The map above shows how much Donald Trump outperformed Mitt Romney in 2012 vote margins in counties across the United States. (New York Times map) Trump’s message...
Collateral Damage

Collateral Damage

MBA(Mortgage Bankers Association) Mortgage Applications have fallen dramatically following the huge run up in interest rates.  Applications fell 9.1%, ReFis fell 11%, Purchases fell 6%.  Higher borrowing rates will continue to have a chilling affect on real estate. ...

Putting Cash To Work

Global Monthly Fund Flows are showing a big move away from cash.  During November cash levels moved from 5.8% to 5.0%, the largest month over month drop since August 2009.  This is a huge rotation into riskier assets indicates an expectation of growth ahead. Hat tip...