is pre-empted on many public television stations this week because of summer fund raising drives, if it is you can see it here
. However, we are still keeping our eye on the rising geopolitical tensions around the world and their possible impact on financial markets. Strategas Research Partners recently sent its clients a list of investments which should benefit during times of uncertainty.
New this week, Financial Thought Leader and recent WEALTHTRACK
guest, Jason Trennert
believes investors will pay a premium for what they perceive as higher quality, income-producing stocks during times of rising geopolitical tensions. Trennert and his team at Strategas Research Partners have identified a number of S&P 1500 stocks with two characteristics: dividend yields higher than that on the 10-year Treasury note and earnings with compound annual growth rates (CAGR) greater than 10%. Trennert has shared the names of 10 of the companies with WEALTHTRACK
. This is proprietary information usually only given to Strategas clients.
As it’s the summer fund raising season on public television, this week we are revisiting an interview with two top personal finance journalists, both now at The Wall Street Journal. Jonathan Clements and Jason Zweig tackle the three greatest financial challenges facing Americans. Watch the episode here
New this week, we are sharing some interesting research on retirement saving. It’s from a recent T. Rowe Price survey, and they learned that recent retirees with 401 (k)s feel on track to meeting their financial goals. Some of their key findings are the that retirees are living on less – on average, around 66% of their pre-retirement income. However, nearly 60% report that are living as well or better than when they were working, and almost 90% are reasonably satisfied with retirement so far. Most think that are better off compared with how their parents fared in retirement.
There Is No Alternative
How worried are you about the stock market? Is the near tripling of stock prices since the 2009 market bottom a cause for concern? This week’s WEALTHTRACK guest has some different and positive perspectives on the market. Jason Trennert is Managing Partner and Chief Investment Strategist of Strategas Research Partners, an independent investment strategy and macroeconomic research firm. Trennert is widely followed by institutional investors in the money management and hedge fund world, and is identified as one of “Wall Street’s Best Minds” by Barron’s. One of his most widely quoted themes is known as TINA – “There Is No Alternative” – meaning “there is no alternative to stocks right now”. We’ll ask him to explain.
How vulnerable are the markets? Despite rising geopolitical conflicts and uncertainty surrounding the Federal Reserve’s exit plan from its unprecedented monetary expansion, U.S. stock and bond markets are trading near record highs. Two veteran global investors, private investor William Wilby, formerly of number one ranked Oppenheimer Global Fund and Fort Washington Investment Advisors’ Chief Economist and Senior Investment Advisor Nicholas Sargen share their perspective and strategies.
This week’s WEALTHTRACK guest has made a name for himself with his annual predictions and with his proven investment skill. Bob Doll, Chief Equity Strategist and Senior Portfolio Manager at Nuveen Asset Management, has run several large cap stock mutual funds for three decades. We’ll get a personal take on his mid-year predictions for investment opportunities, and traps to avoid.