We hope the summer is off to a great start for you and your families!
We recently sold a small position in TBT, a position of the portfolios that we had held to benefit from a rise in interest rates. As rates, have risen very little, our indicators gave us a sell signal. Recently, our indicators have turned positive on the international sector. Therefore, we are reallocating our portfolios containing equity positions back into the international sector by purchasing PIMCO International Stock Plus (PIPDX).
In addition, we are rebalancing all our portfolio positions back to within our original position parameters.
As always we will communicate as warranted. Have a great summer!
viewpointsObservations and Updates from CCA
As stated in previous posts, we have been monitoring the bond market and the effect rising interest rates and inflation have on the fixed inc... read more
We hope you are having a safe and relaxing summer and have found a place to get out of the heat. The second quarter ended with stocks and bon... read more
As we head into summer we thought this would be a good time to provide you our current insights on the equity and bond markets. This has been ... read more
2018 is off to a very volatile start in the stock market. The S&P 500 hit an all-time high of 2,872 on January 26 of this year and today ... read more