    
July 8, 2014
Dear Reader,
APViewpoint Events featuring Bob Veres and Daniel Solin: If you're an APViewpoint member, or join today, you're invited to attend our two upcoming webinars featuring nationally known APViewpoint thought leaders Bob Veres and Daniel Solin. Simply click on the banner ad at the top of every APViewpoint page to be taken to the APViewpoint Events registration page. Not a member yet? Sign up at APViewpoint today! Welcome to Research Perspectives, a daily newsletter containing a short summary of the economic and market commentaries that we consider most relevant to our audience. These commentaries are from independent research firms, fund companies, and advisors. Having Trouble Printing? If your text is too small to read, then before printing go to "Page Setup" and deselect "Shrink to Fit Page Width" in your browser.  Newsletter
Hi! I hope you had a great 4th and you're having a great summer. It's been a busy one at E&K as you'll see from my closing note and a fun one for Deena and me as we recently returned from a cruise to Reykjavik, Iceland, a most charming city but a bit off-putting with over 20 hours of sunlight. Newsletter by Harold Evensky of Evensky & Katz  The Internet is Brutally Efficient and Totally Agnostic
On my way home from work recently my progress was impinged by a group of protesters headed up 4th Avenue in downtown Seattle to the headquarters of the Gates Foundation. Bill and Melinda Gates are spending millions trying to figure out how to make the U.S. education system more efficient and successful. Some of their recommendations are thought to damage efforts by the most powerful teachers' unions to protect the interests of teachers. The Gates Foundation wants to bring efficiency and seems to understand that they need to be agnostic in their approach. The Internet is Brutally Efficient and Totally Agnostic by William Smead of Smead Capital Management An Allocation to Currencies May Provide Income and Lower an Overall Portfolio's Volatility Most investors understand the benefits of diversification and the risks of owning just one security. But many overlook the benefits of broadening their currency exposure and have all their investments concentrated in the U.S. dollar. Investing in a mix of foreign currencies may lower the risks of an overall portfolio, provide additional sources of income and can potentially enable investors to pursue a wider array of opportunities around the world. An Allocation to Currencies May Provide Income and Lower an Overall Portfolio's Volatility by Michael Cirami, Eric Stein, John Baur, Matthew Murphy, Bradford Godfrey of Eaton Vance Will Latest Jobs Report Force the Fed to Act? After a reasonably bleak winter, labor markets are on the rebound, just in time for the Federal Reserve to decide when they should stop asset purchases. Recent figures suggest that labor markets are very near Fed targets, raising the possibility that interest rate hikes could begin sooner than expected. Will Latest Jobs Report Force the Fed to Act? by Chris Maxey, Ryan Davis of Fortigent Volatility Takes a Sabbatical The theme of the second quarter was low volatility, as stocks continued to grind higher. As June ended, the S&P 500 had gone 51 consecutive trading sessions without moving 1% or more in either direction. Not since April 16 has the index moved at least 1% in a given day. This is a remarkable streak and quite a contrast with the volatility of recent years. Naturally, when something like this happens, the inclination is to try to figure out what it means for the market going forward. Volatility Takes a Sabbatical by Mark Oelschlager of Oak Associates Blowout Jobs Data Won't Trigger Quicker Rate Hike The markets are digesting a stellar jobs report, which may fuel debate over when the Fed will start raising rates. But it's important for investors to understand the Fed's holistic approach in order to avoid a kneejerk reaction, writes Kristina Hooper. Blowout Jobs Data Won't Trigger Quicker Rate Hike by Kristina Hooper of Allianz Global Investors Slow but Steady Growth In the second quarter of 2014 major asset class performance was positive. The Dow was up 2.4%, the S&P up 4.7%, and the NASDAQ up 5%. International equities nearly kept pace with US equities; the MSCI ACWI ex US was up 3.8%. Slow but Steady Growth by Richard Michaud of New Frontier Advisors
Yesterday's Commentaries are below: We also offer a weekly digest of the most popular commentaries, published on Friday at 4pm ET. To subscribe to it, or to update your profile, select the "Update Profile/Email Address" option at the bottom of this email. Please send any comments and suggestions to feedback@advisorperspectives.com.If you do not want to receive Research Perspectives, please select the SafeUnsubscribe option at the end of this email. When you do, you will be presented with a screen that lists the newsletters we offer. You will need to check the box that says "Advisor Perspectives (Tuesdays 9am ET)." Leave the box that says "Research Perspectives (daily 4pm ET)" un-checked. You may check the third box, "Occasional White Papers and Messages from Third Parties," to receive these occasional mailings.
| 
No comments:
Post a Comment