CIG Asset Management Update September 2019: The Surge in Safe-Haven Assets
Although global equities generally lost money in August, the S&P 500 Index(1) closed just 3.3% below its all-time high. However, investors’ uneasiness dramatically drove market participants concerned about the escalating trade conflicts, slowing global growth and possible Chinese incursions into Hong Kong to safe-haven investments. The number of dramatic daily moves in bonds, one safe-haven […]
Why is employing an active investment strategy important today?
Successful investing in the future will look different. During the current bull market (a period over the last 10 years where stock prices have risen consistently), passive investment strategies have reigned supreme. A buy and hold strategy allowed an investor to ride the market up. All without having to do a lot of critical evaluation […]
CIG Asset Management Update June 2019: Economic War Throttles Market in May
China and the U.S. entered into an economic war in May and the markets suffered. Very quickly we have moved past the stage of trade tensions, trade frictions, a trade dispute, or even a tariff war between two superpowers. At month end, tariffs were also announced on Mexico. Given the ratcheting up of national security […]
CIG Asset Management May 2019 Update: Stocks Continued their Run in April
In April, The Federal Reserve continued to buoy the U.S. stock markets with statements about being patient and leaving open the possibility that the next move could be a rate cut. The S&P 500(1) broke through the key 2900 level and was up 3.9% last month, putting it up 18% year-to-date. International equities increased 2.8%, […]
CIG Asset Management April 2019 Update
Following the very difficult end of 2018, stocks made a strong comeback in the first quarter of 2019, and most of it hinged on the Federal Reserve. We have come a long way since Fed Chairman Powell appeared to drive down the market on October 3 with these comments: “The extremely accommodating low interest rates […]