THE BLOG

28
Mar

Discipline + Focus = Success

Content provided by Sadie Brewer March 17 was a good day. After a year-long deployment, my brother returned safely to friendly ground. Afghanistan is one of the last places on the planet you would ever want someone you care about to be, and anyone who has ever had a loved one deployed understands the fear,...
27
Mar

Optimistic, But Cautious

Commentary provided by Paula Wieck, CLS Investment Research Manager While markets have pulled back a little in the last week, we’re still near record highs for the S&P 500 and Dow. The S&P 500 has returned over 125% since the low on March 9, 2009. On the 14th of this month the S&P 500 was...
25
Mar

Risk Budgeting White Paper

Content provided by Rusty Vanneman, CFA, CLS Chief Investment Officer We recently updated the CLS Risk Budgeting White Paper. Thanks to many hours of work led by Scott Kubie and Rui Wang, along with numerous contributions from the entire Investment Team and Investment Committee, we believe we were able to improve our risk budgeting methodology...
22
Mar

NCAA Tourney Picks and Managing Money

Content Provided by Scott Kubie, CFA, CLS Chief Strategiest When I was teaching at the University of Nebraska Omaha, I always enjoyed contrasting March Madness strategies with investment strategies. March Madness is an interesting contest because it takes place over a short time, but not too short of time. You can analyze your strategy and...
21
Mar

The Market Keeps Going, and Going, and Going. . .

Content provided by J.J. Schenkelberg CLS, CFA, Senior Portfolio Manager Someone at CLS (I won’t name any names) told a story once about coming home from the airport very late at night, shortly after the Dodge overpass was built. On a deserted Dodge road he found himself climbing higher next to orange cones. Not knowing...
19
Mar

Adventures of a “Bail In” – Featuring the Little Island that Couldn’t

Content provided by Matt Santini, CLS Portfolio Manager As I write this, the island of Cyprus has just agreed to keep banks closed through Thursday. If you were looking to drawdown on your offshore cash before the NCAA tourney, you are out of luck. And ultimately, unless they own gold or have mattress reserves, Cypriot’s...
12
Mar

The All-time Highest Level in the History of the World EVER

Comments provided by Grant Engelbart, Investment Research Analyst As the Dow surpassed its all-time high last week, CNBC had a heyday blasting various orange ‘warning’ signs and ‘countdowns’ and what-not, enticing retail investors. To the informed investor, this should almost seem a fluke. The Dow of course only contains 30 stocks, but yet is synonymous...
06
Mar

High Dividend Stocks Continue to Outperform

Commentary provided by Rui Wang, CLS Investment Research Analyst The 2012 market rally has continued into 2013, and high dividend stocks continue to generate decent gains. As the chart below shows, two major high dividend ETFs have outperformed the iShares Core S&P ETF (Ticker: IVV) so far this year. Alpha. Investopedia.com: Often considered to represent the...
05
Mar

Facing My Fears

Content Provided by John Ludlow, CLS Chief Operations Officer You would never know it by looking at me, but I’m actually pretty old. Not that I’m going to tell you exactly how old but we all know from my first blog post that I have a married daughter. I also have two sons, Zack and...
01
Mar

Sequestration Day: Does Anyone Care?

Commentary Provided by J.J. Schenkelberg, CLS Sr. Portfolio Manager Today is March 1, 2013. In case you haven’t heard today is the day sequestration occurs and major budget cuts are to be set in motion.  The market seemed to care for maybe a milli-second. Beyond that, could investors and the U.S. public be coming immune...