Revisiting Earnings and Earnings Multiples as Drivers of the Equity Markets
Doug Cohen, managing director, portfolio management, began the year with a "20 Questions" (and Answers) market overview that covered pertinent capital market issues for 2019. Doug revisits these issues, returning with the two variables that determine equity prices: earnings and earnings multiples.
America’s Ice Age: Did You Know?...
What allocation would the ice harvesting industry of the 1800’s have on the Bloomberg Commodity Index? Erick Rawlings, managing director, research, visited a historic inn where an old ice house peaked a thoughtful discovery.
Developing an Approach to Portfolio Management That Is “Great by Choice”
Erick Rawlings, managing director, research, recently finished reading Jim Collins' "Great by Choice." The research and anecdotes in the book led Erick to take Collins' sound principles and apply them to portfolio management. Erick observes that within the author's five sets of company reviews, varying occurrences led companies to "10X" while other companies ended up an also-ran. What factors led to these two disparate outcomes, and how can they be valuable tools for portfolio management?
Are You Up to Date on the Latest Market Moves?
Harkening back to the days of final exams and all-night cram sessions, Doug Cohen, managing director, portfolio management, shares this month’s market outlook and analysis in the form of a multiple-choice quiz. Sharpen your pencils and test your knowledge of what propelled the markets in the first quarter of 2019.