Below is a weekly update from our Chief Investment Officer, Dr. Scott Lummer. He co-hosts a three minute segment on The Costa Report radio show, entitled “Market Matters.” In this week’s segment, Scott comments on the effect of the French and Greek elections on global equity markets and investing strategy. Each week he covers a different piece of investment news focusing on recent events in the capital markets, and relates them to Savant Investment Group’s perspective on investing.
In this week’s segment, Scott comments on the impact of the Department of Labor’s jobs report on the markets and investing strategy.
Beginning this week, our Chief Investment Officer, will co host a short segment on The Costa Report radio show, entitled “Market Matters.” The weekly segment will focus on recent events in the capital markets, and relate them to SIG’s perspective on investing. In this initial segment, Rebecca Costa interviews Scott to learn what listeners can expect to hear in upcoming episodes.
San Francisco, CA – April 20, 2012 – The Costa Report announced today that they have partnered with the Savant Investment Group, LLC, to offer a financial market update on the radio program beginning April 27, 2012. Chief Investment Officer of Savant, Dr. Scott Lummer, will co-host what is anticipated to be an innovative look at global financial markets, with a special emphasis on strategies for surviving dramatic swings. The weekly segment, called Market Matters, will open the second hour of The Costa Report...
My commentary two weeks ago on the myth of the “election cycle theory” generated many questions from our clients; all
along the lines of “what about the (insert your hypothesis here) theory?” The two most common “theories” asked about were
the Super Bowl theory and the small company stock effect. Let’s explore these two ideas.
The Super Bowl effect started to become popular during the 1970’s, when a few arm chair quarterbacks who were also arm
chair investment analysts noticed that whenever one of the teams from the original...
KCBS - Scott Lummer, Chief Investment Officer for Savant Investment Group, LLC, comments on money market funds. Listen to the two interviews below:
A few weeks ago I wrote that the extreme stock market volatility that occurred during the second half of 2011 seemed to have subsided. That trend has continued since then. The biggest single day decline of the S&P 500 in January was 0.6%. During the last 6 months of 2011, there were 44 days in which the S&P 500 declined by more than 0.6%. This is consistent with our proprietary model that analyzes factors that impact volatility. All of those factors (a low level of interest rates, a below average price-earnings ratio, good stock price momentum, and low...
Usually, when you are in a noisy room, and the noise subsides, it takes a while to realize that it has gotten quiet. But that sound you are hearing in the stock market lately is the sound of silence. Since December 21, the annualized volatility of the S&P 500 has been 12%, well below typical levels, and only one-third of the volatility since August 1. You won’t hear about this calm from the typical financial press – it doesn’t make for good circulation to say there isn’t anything going on. Indeed, the headline in the web edition of CNN-Money one day last week...
U.S. stock markets declined this morning by 2%, mainly based on concerns that the failure of the congressional “Super Committee” to reach a solution will cause future economic problems. While the lack of an agreement is hardly a surprise, the decreased likelihood of an agreement adds to the overall economic uncertainty.
So, after three months of most market analyses focusing on Europe, attention has returned to the U.S. Much of the political debate is concerned with the size of the budget deficit and the amount of debt in the U.S. economy. As is the...
U.S. stock market indexes declined yesterday by more than 3% in reaction to Italy’s financial troubles. Specific concerns are that Prime Minister Silvio Berlusconi’s resignation will not be enough to bolster confidence in the economy. The government’s borrowing rate rose to 7.2%, which will increase their deficit, which in turn fuels concern that they might need a bailout to avoid a default on their debt.
The concern about Italy comes just on the heels of the apparent resolution of the Greek debt crisis. Several weeks ago we wrote that while concern...