• / Free eNewsletters & Magazine
  • / My Account
Home>Peak Capital Management: October 2013 PCM Report

Related Content

  1. Videos
  2. Articles
  1. 5 Takeaways From the ETF Invest Conference

    Panelists assess the government shutdown, the Fed's next move, prospects for emerging markets, the odds for inflation, and the future for U.S. growth.

  2. Johnson: Don't Fret the Fed

    The Fed has played a key role in nudging the recovery along, but the taper of bond purchases won't torpedo the economy, says Morningstar's Bob Johnson.

  3. Doll: The Capital's Market Impact

    As Washington is in full market view--with the Fed's potential tapering, Bernanke's successor, and the debt-ceiling debate--Nuveen's Bob Doll addresses the possible outcomes and their effects.

  4. The Friday Five

    Five stats from the market and the stories behind them. This week: Fed defies predictions, dividend days for Microsoft, and JPMorgan's Whale tale continues.

Peak Capital Management: October 2013 PCM Report

10/21/2013

The beginning of the 4th quarter is starting in interesting fashion with the first government shutdown in 17 years. The markets are clearly not concerned about government employees taking a few extra days off work as markets are higher.

We have been baffled by the inconsistency of the Fed’s actions when they know the markets hate uncertainty. The “no taper” decision in September is particularly hard to understand given the market was fully prepared for the Fed to take the first step towards ending massive artificial stimulation.

The data continues to be mixed and our focus remains on risk management while being opportunistic.

Hope you find this month’s report insightful.

Brian Lockhart, CFP
Chief Investment Officer

Please follow this link to our monthly report: http://peakcapitalmgt.net/files/October%202013%20PCM%20Report.pdf

 

1
blog comments powered by Disqus
Upcoming Events
Conferences
Webinars

©2014 Morningstar Advisor. All right reserved.