AdvisorAnalyst Group Inc.

Get over the hump and start looking forward to the weekend. Here's some inspo to get you through the day 🔥

Got the rare chance to dive deep with industry leaders—7.5 hours of Q&A, one-on-one conversations, and a lunch to remember. When I asked the big question, ‘How do you value a company?’ the answer was simple yet powerful: ‘Discounted cash flow.’ 📉 Sometimes, the simplest answer really is the key. 💼 Hit this link to listen to the full episode with Todd Finkle 💸 🔗 https://lnkd.in/gj5Uazu5

Happy Tuesday! Get the scoop now 🔥 🔵 𝙅𝙚𝙛𝙛𝙧𝙚𝙮 𝙆𝙡𝙚𝙞𝙣𝙩𝙤𝙥: 𝙎𝙤𝙢𝙚𝙩𝙝𝙞𝙣𝙜'𝙨 𝙂𝙤𝙩𝙩𝙖 𝙂𝙞𝙫𝙚: Earnings forecasts typically follow a quarterly pattern: they rise from trading day six to day 36 of the new quarter as companies release results for the recently completed quarter, often beating prior estimates for the past quarter and providing higher guidance for earnings in the quarters ahead. 🔵 𝙇𝙚𝙨𝙨𝙤𝙣𝙨 𝙁𝙤𝙧 𝙀𝙪𝙧𝙤𝙥𝙚: The tortoise and the hare is a classic tale that teaches the importance of patience and perseverance over speed. The race between the two begins with the hare putting the tortoise at a large deficit; arrogantly, the hare takes a nap and wakes up to find that the tortoise has won. 🔵 𝘽𝙧𝙞𝙖𝙣 𝙒𝙚𝙨𝙗𝙪𝙧𝙮: 𝙁𝙞𝙣𝙖𝙡𝙡𝙮, 𝙀𝙡𝙚𝙘𝙩𝙞𝙤𝙣 𝙀𝙫𝙚: It’s almost over! Unfortunately, those texts might not stop right away. Unless this election is an unexpected blowout, some key states won’t have full counts of all their ballots for several days. That said, enough results from some hotly contested states like Pennsylvania should be in so by the wee hours of Wednesday morning we should have a good idea of who will be inaugurated next January. This will be true even if there has not been a concession speech by the other candidate yet (or ever!). 🔵 𝙀𝙡𝙚𝙘𝙩𝙞𝙤𝙣 𝙎𝙩𝙤𝙘𝙠 𝙈𝙖𝙧𝙠𝙚𝙩 𝙋𝙡𝙖𝙮𝙗𝙤𝙤𝙠: As Election Day approaches, we discuss potential stock market implications of various possible outcomes. But before we get into that, we offer our regular public service announcement around elections and investing. Political views are best expressed at the polls and not in portfolios. Read more on AdvisorAnalyst.com ➕

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Happy Monday! A fresh week means fresh stories - Get it while its hot 🔥 🔵 𝙎𝙩𝙚𝙖𝙙𝙮 𝙂𝙧𝙤𝙬𝙩𝙝, 𝙎𝙪𝙗𝙙𝙪𝙚𝙙 𝙄𝙣𝙛𝙡𝙖𝙩𝙞𝙤𝙣: 𝘾𝙖𝙣 𝙩𝙝𝙚 𝙐.𝙎. 𝙀𝙘𝙤𝙣𝙤𝙢𝙮 𝙆𝙚𝙚𝙥 𝙎𝙪𝙧𝙥𝙖𝙨𝙨𝙞𝙣𝙜 𝙀𝙭𝙥𝙚𝙘𝙩𝙖𝙩𝙞𝙤𝙣𝙨?: The U.S. GDP rose uniformly at a 2.8% annual rate in Q3 for a 2-year streak of steady and above trend growth. It came in below the 3.1% predicted by Wall Street because of a miss in the trade deficit that was much larger than expected and a reduction in inventories. 🔵 𝙃𝙤𝙬 𝙖𝙙𝙫𝙞𝙨𝙤𝙧𝙨 𝙘𝙖𝙣 𝙝𝙚𝙡𝙥 𝙛𝙪𝙩𝙪𝙧𝙚-𝙥𝙧𝙤𝙤𝙛 𝙩𝙝𝙚𝙞𝙧 𝙘𝙡𝙞𝙚𝙣𝙩𝙨’ 𝙥𝙤𝙧𝙩𝙛𝙤𝙡𝙞𝙤𝙨: Backtesting portfolios is so yesterday. After all, past performance is no guarantee of future performance. That’s why Ninepoint Partners LP, one of Canada’s leading alternative asset managers, offers advisors a novel way to test their investment strategies for what may come next. It’s happening through software called PRISM, short for Portfolio Risk Management. 🔵 𝘼𝙣 𝙄𝙣𝙫𝙚𝙨𝙩𝙤𝙧'𝙨 𝙀𝙡𝙚𝙘𝙩𝙞𝙤𝙣 𝙎𝙪𝙧𝙫𝙞𝙫𝙖𝙡 𝙂𝙪𝙞𝙙𝙚: As we have written leading up to the election, we consider it very risky to pick a winner and tilt portfolios accordingly, especially when polls are this close. Opportunities may arise for tactical positioning in the weeks following the result, but throughout this period we believe investors should stay anchored to two longer-term dynamics that are likely to persist whoever is in power: a resilient U.S. economy and a deteriorating U.S. debt profile. 🔵 𝙉𝙖𝙫𝙞𝙜𝙖𝙩𝙞𝙣𝙜 𝙩𝙝𝙚 𝙩𝙞𝙜𝙝𝙩 𝙥𝙤𝙡𝙞𝙘𝙮, 𝙡𝙤𝙤𝙨𝙚 𝙡𝙞𝙦𝙪𝙞𝙙𝙞𝙩𝙮 𝙥𝙖𝙧𝙖𝙙𝙤𝙭: The Federal Reserve's dual mandate is to maintain stable inflation and maximize employment. With inflation having fallen significantly and the post-pandemic extreme labor market tightness having subsided, the Fed believes its policies are now too restrictive, hence the aggressive start to its easing cycle. Read more on AdvisorAnalyst.com ➕

Happy Friday, everyone! The week is over, so wrap it up the right way 🎈 Have a good weekend!

Happy Friday! Here's what's going on around the industry today ⬇️ 🔵 𝘿𝙤 𝙂𝙤𝙤𝙙 𝙏𝙞𝙢𝙚𝙨 𝙈𝙖𝙠𝙚 𝘽𝙖𝙙 𝙏𝙞𝙢𝙚𝙨? 𝙋/𝙀 𝙍𝙖𝙩𝙞𝙤𝙨 𝙖𝙣𝙙 𝙁𝙤𝙧𝙬𝙖𝙧𝙙 𝙍𝙚𝙩𝙪𝙧𝙣𝙨: It’s been a fun year for stock market investors. The S&P 500 has rallied over 22% this year, setting nearly 50 record highs as the current bull market recently celebrated its second birthday. Throughout the record-setting rally this year, even as corporate profits broadly backed lofty valuations, market watchers from Wall Street to Main Street have cited stretched valuations. But, as valuations get even more stretched following the latest rally, we ask, does today’s fun signal a dimmer decade ahead? 🔵 𝙍𝙚𝙖𝙨𝙤𝙣𝙨 𝙩𝙤 𝙧𝙚𝙢𝙖𝙞𝙣 𝙤𝙫𝙚𝙧𝙬𝙚𝙞𝙜𝙝𝙩 𝙐.𝙎. 𝙨𝙩𝙤𝙘𝙠𝙨: In many ways, 2024 is starting to look like 2023 where the equity markets rally has been led by the United States. U.S. relative strength is hardly a recent phenomenon. During the past 10 years, US stocks (as represented by the S&P 500 Index) have posted a total return of more than 270%, versus approximately 170% for Japan (as represented by the TOPIX Index in USD) and just 70% for Europe (as represented by the SX5E Index in USD). Years of outperformance have led investors to worry about the elevated level of U.S. valuations and wondering whether the trend can last. My own take: U.S. equities are not cheap, but they are worth the premium. As a result, I am comfortable remaining overweight U.S. stocks. 🔵 𝙎𝙥𝙤𝙤𝙠𝙮 𝙑𝙤𝙡𝙖𝙩𝙞𝙡𝙞𝙩𝙮 𝘽𝙧𝙚𝙬𝙨 𝙖𝙨 𝙎𝙚𝙖𝙨𝙤𝙣𝙖𝙡𝙞𝙩𝙮 𝙄𝙢𝙥𝙧𝙤𝙫𝙚𝙨: Halloween is not the only thing spooking investors right now. Tomorrow’s highly anticipated employment report, a busy week of earnings that includes a handful of the Magnificent Seven names, rising yields as we discussed last week, and of course, next week’s U.S. election are all contributing to building angst in the market — not to mention a Federal Open Market Committee (FOMC) meeting that wraps up on Thursday. 🔵 𝙈𝙖𝙧𝙠𝙚𝙩 𝙪𝙣𝙘𝙚𝙧𝙩𝙖𝙞𝙣𝙩𝙮 𝙧𝙖𝙢𝙥𝙨 𝙪𝙥 𝙖𝙧𝙤𝙪𝙣𝙙 𝙩𝙝𝙚 𝙬𝙤𝙧𝙡𝙙: Rising government debt, US election uncertainty and political surprises in Japan have all contributed to a sense of angst in the markets, despite the continuation of positive surprises during earnings season. Here’s what I’m watching closely now. Read more on AdvisorAnalyst.com ➕

🎃👻 Happy Halloween!

📈 #ThrowbackThursday with Erika Toth, CFA, (BMO ETFs) on The Insight is Capital Podcast! 📈 In this episode, we unpack the trend of advisors moving towards PM licensing and how it’s revolutionizing client management. By adopting a scalable portfolio approach, advisors can onboard more households efficiently—leaving behind the challenges of managing unique, one-off portfolios. It’s a pivotal shift that’s changing the landscape of advisory services. Missed it the first time? Dive in now to catch up on this transformation in wealth management! 🎧✨ https://lnkd.in/gFX9HF_n 🔗

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