Many market commentators are clamoring over the recent performance of markets as they respond to positive vaccine news and clarity around the outcome of our presidential election. These events have driven stock markets higher, notably small value stocks. Using Russell index data, we’ve seen small value companies rise 23.6% from October 1 through November 30, while large growth stocks have risen by 6.5%. 1 This outperformance of small value by 17.1% over such a short period has commentators ... [Continue Reading]
Articles and resources related to Investor Returns.
For many pundits, year-end market reflections are an opportunity to rewrite the past. It’s not uncommon for revisionist versions of previously made comments to emerge. It’s freeing and liberating to not live in that world. Accepting that we cannot predict the future and that hindsight is no replacement for foresight when it comes to building an integrated and customized financial plan is what truly leads one down a successful path. If you recall where global markets were in late December ... [Continue Reading]
Index funds are receiving increased attention, mostly centered on the virtues of low-cost and broadly diversified vehicles for accessing stock and bond markets. In a competition in which one side’s success is another side’s loss, it’s not surprising to hear active managers railing against passive investing. Some claim that increased usage of index funds is distorting market prices. The Carlson Capital Management team firmly believes that markets continue to work and investors can still rely on ... [Continue Reading]
Summer is here once again with its ubiquitous combinations like mosquitoes and barbeques, lightning and thunder, swimming pools and sunshine. One exciting pairing for 2019 that has been far less common, in fact it hasn’t happened since the early 1990s, is an American League-leading Minnesota Twins and equity market all-time highs. As a lifelong Minnesota sports fan, and having experienced what felt like greatness coming up short one too many times, it’s easy to be conditioned to feel that the ... [Continue Reading]
Throughout the years we’ve come to appreciate the different perspectives held by firms and service providers within the financial services industry that vary from ours at CCM. We believe that varying viewpoints lead to meaningful conversations that ultimately produce better advice, products and service for our clients. This point is timely this week, as a recent Wall Street Journal story, “DFA Funds Are Booming, but That Adviser Fee Matters,” rightly highlighted the benchmark beating performance ... [Continue Reading]