The Wise Investor Show

Simon suggests that valuations should not be considered in isolation, but relative to the economic backdrop including interest rates and inflation trends. While elevated valuations may portend lower future returns, they may not represent a "sell signal". Simon also examines how the current backdrop does not correlate well to what Japan has experienced over the past few decades. He makes the case for DIS, while NFLX still appears overvalued.

Rather than debate exactly how this ends, with a big trade deal and rally or perhaps with a decent into recession, don't expect it to end at all anytime soon. It's more likely that the stories drag out well into next year and we continue to see volatility and slow growth for the next few quarters.

The stock market valuation is high and based on estimates of accelerating growth. What if that growth doesn't manifest? Maybe it will, as contrarian sentiment data just got more positive for the markets. Today we pull this all together and look at the fallout from opioid litigation.

Simon notes the stock market is not the economy and the economy is not the stock market, but that there are some important business cycle signals to monitor. He drills down specifically on the relevance of the currently inverted yield curve. Simon also highlights the case for Berkshire Hathaway and TJX Companies as a potential buy at the right price.

The market's about 3% off its all-time high and people are acting like we've entered bear territory. Why does it feel worse this time? The market's gone sideways for 2 months, why does it feel like it's way off? Lets talk about perspective and also examine the results from Cisco and how that reflects on the overall market.

1) Diversify your investment holdings 2) Have enough cash 3) Diversify your accounts across tax-treatments 4) Know WHY you're investing the way you're investing 5) Rebalance Regularly 6) Think Long Term 7) Delegate 8) Talk to specialists 9) Have the right insurance policies to address the right risks 10)Know where and WHY you're saving to or pulling from 11)Look for ways to get money into tax-free accounts 12)Readjust and update regularly

Simon examines what has changed and has not amid the significant pick up in market volatility. He discusses the outlook for the U.S. consumer, interest rates, the yield curve, valuations and earnings expectations. Simon also talks about how important dividends are in a low yield environment. He also updates the case for adding to AMZN and DIS.

Ann and Matt discuss some items to check in on around the mid year point. Topics include: Retirement contributions, Roth and After Tax 401k Contributions, Portfolio Re-balancing, Tax Withholding and Quarterly Estimated Tax Payments, Health Plan Deductible, HSAs and FSAs, Credit Reports, Debt Reduction and Mortgage Refinancing, Budget, RMDs and QCDs. They also discuss the potential enactment of the SECURE Act and the TSP Modernization Act.

Simon discusses the escalation in the trade war with China and highlights five concerns to watch. It is too early to buy into recession calls but risks have risen. He also reviews the case for FDX and BWA and how they are sensible additions at current market prices for patient, long-term investors.

No, it's not 1967, but it is the Summer of Love in the stock Market. Simon discusses how, despite a multitude of global economic concerrns, the market continues to be buoyed by low interest rates and good enough earnings reports. He comments on the Fed's recent rate cut and what precedent has to say. He frames the larger macro-picture and cautions against being too tethered to the current momentum investments. Simon also highlights the recent quarterly reports from AMZN, AAPL, GOOGL and SPR.

Simon highlights some common investor mistakes that even the most educated make frequently. He also provides some background on how markets have responded to rate hikes over the past forty years. Simon then highlights the most recent quarters from SBUX and ABBV.

Simon discusses what we have learned so far from second quarter earnings reporting season. Things set up well for a market pause that refreshes rather than a sharp market downdraft. He talks about some of the regulatory and anti-trust scrutiny facing large cap technology stocks and how they might portend a market leadership shift. He then highlights the strong earnings reports from SHW, V and NOC and has a thought or two on how corporate debt is not as burdensome as has been reported.

Its 2nd quarter earnings season and so far the results have been better than expectations, as many American businesses are showing that they can justify the market's rally to new highs. Can it continue? We look at Sherwin Williams and Northrup Grumman, who delivered their results this week.

This week, we review the results of the first half, where the markets stand now, and take a specific look on how these conditions are effecting the financial sector. Also, how did banks do during the stress test and what are their capital plans for the next year. Then, a deep dive into a big merger between Abbvie and Allergan.

Simon discusses the market backdrop and how second quarter earnings reports are really the first referendum on the impact of the trade war. He also shares some observations on what has transpired over the ten-year (and counting) bull market and which trends are likely to continue or shift. He updates on the encouraging results from DHR, JPM and C.