CIO Scott Martin Interviewed on Fox Business News

Chief Investment Officer Scott Martin is speaks on Fox Business News.

2:26

Kingsview Partners Advisor Ranked Best In State Wealth Advisor By Forbes

Buff Dormeier, Chief Technical Analyst and Portfolio Manager of Kingsview Partners in Fort Wayne, IN has been recognized as a 2020 Best in State Wealth Advisor by Forbes.

Dormeier, a CMT as well as the winner of the 2007 Charles H. Dow Award* for technical analysis and The Technical Analyst 2013 Book of the Year author, is the lead advisor of Kingsview Partners’ Fort Wayne office.

“It is an honor to be named a Forbes Best-In-State Wealth Advisor again” Dormeier said. “Our team strives for a higher standard of care enabling our clients to effectively stage the growing complexities associated with wealth. And to be named a Forbes Best-In-State Wealth Advisor for yet another year is a testament first to the meaningful relationships we have been blessed to share with our elite clientele as well as the depth of talent, integrity and experience shared amongst our team members Don Dormeier, Laura Rowe and Tia Runyan”

Kingsview Partners Fort Wayne provides comprehensive wealth management services and state of the art portfolio management to affluent and institutional clientele. As financial advisors their mission is to guide clients toward building and protecting wealth by creating income plans for life and legacies for beyond.

Media inquiries please contact Tia Runyan, Client Associate at (260) 264-0099 or
fortwayne@kingsview.com.

The Forbes Best-In-State Wealth Advisor ranking, developed by SHOOK Research, is based on in-person and telephone due diligence meetings and a ranking algorithm that includes: client retention, industry experience, review of compliance records, firm nominations; and quantitative criteria, including: assets under management and revenue generated for their firms. Portfolio performance is not a criterion due to varying client objectives and lack of audited data. Neither Forbes nor SHOOK Research receives a fee in exchange for rankings.

*The Charles H. Dow Award was not based on investment performance, but rather to highlight outstanding research in technical analysis.

SVP Paul Nolte Interviewed on TD Ameritrade Network

TD Ameritrade Network interviews Senior Vice President & Portfolio Manager, Paul Nolte, On The Gold Futures Rising As The Market Falls On Coronavirus Fears.

Watch the full morning segment here: TD Ameritrade Network

CIO Scott Martin Interviewed on Fox Business News

Chief Investment Officer Scott Martin is speaks on Fox Business News.

3:29

Nolte Notes 2.24.20

Yes, but on the other hand… so goes the analysis for stock investors. The coronavirus continues to grab headlines, especially when discussing earnings, economic growth or even estimates for the full year 2020. As a result, “safe haven” investments like the dollar, gold, and treasury bonds are all rallying. On the other hand, risk assets just hit all-time highs and stocks highlighting some of the hits to earnings also rose, like Deere, on expectations the virus impact will be short-term. The recent surge by Sen. Bernie Sanders worries Wall Street as a democratic socialist is seen as harmful to stocks. On the other hand, expectations are rising that Trump will have an easier time against Sanders, which Wall Street sees as bullish. Stocks like Tesla and Virgin Galactic have more than doubled already this year, with neither one showing a profit and still in cash-raising mode. On the other hand, utilities and REIT stocks are hitting all-time highs. Trying to make sense of the markets and economy today is enough to drive anyone crazy. On the other hand, some say it is crazy to be investing today.

The well above average reading from the Philadelphia Fed is feeding into expectations that the US manufacturing sector is improving. However, the IHS Markit flash index fell into contractionary territory, last seen in 2009. This week we’ll get national activity, housing, and confidence data, which all may be impacted by the recent news around the coronavirus. The uneven economic data creates an environment where depending upon one’s views, a bullish or bearish case can be made. Housing remains strong as low-interest rates and steady demand push prices higher. As mentioned above, manufacturing may be on the way back and employment remains very strong. The flipside is worries about the virus spreading, poor leading economic indicators and recent downgrades to earnings for the coming quarter. As a result, we would expect the markets to remain volatile as investors try to grasp the overall direction for the economy and the impact of the virus on earnings and global growth.

The beneficiary of the volatility in the equity markets continues to be bonds. Worries about a bond bubble and an inverted yield curve (where short-term rates are higher than long-term rates) are once again making the rounds. For those holding Treasury or high-quality bonds, they should see the return of their principal upon maturity, no matter the direction of interest rates. However, investments in lower-quality bonds, long-term bond mutual funds and various derivations of “bond-like” investments may have a harder time providing comfort when investors run to the safety of bonds if equities remain volatile. The inversion of the yield curve is a function of investors running into the safety of treasury bonds, especially long-term, pushing the yields below those on short- term treasuries.

For all the handwringing about the decline last week, stocks remain within a whisper of all-time highs. Many industry sectors are above long-term average prices, as do many of the broader stock averages. To be sure, stocks would need to fall about 10% to begin to threaten those long-term averages. The most vulnerable parts of the markets remain those that have risen the most over the past year, which are the odd couple of technology and utilities. Technology stocks have, so far, been immune to the virus news as they are viewed as safe places to get both earnings and revenue growth no matter the economic backdrop. Utilities have benefitted from the declining interest rate environment. As investors seek income in a world near zero, they have piled into the “safe” sector pushing up returns to close to that of tech stocks. It is not likely that both are correct. If rates fall, economic growth will be difficult to achieve, crimping the valuations and prices of technology names. On the other hand, if technology investors are correct, economic growth should be sustainable enough to allow interest rates to slowly rise, hurting the returns on utility names.

The markets are likely to be beholden to the virus news and impacts on global growth. If reports show spreading of the virus around the globe and not contained within China, expect stocks to fall in the weeks ahead. Bond investors should be the recipient of the “bad” virus news, as long as the bond quality remains high.

The opinions expressed in the Investment Newsletter are those of the author and are based upon information that is believed to be accurate and reliable but are opinions and do not constitute a guarantee of present or future financial market conditions.

CIO Scott Martin Interviewed on Fox Business News

Chief Investment Officer Scott Martin is speaks on Fox Business News.

9:02

CIO Scott Martin Interviewed on Fox Business News

Chief Investment Officer Scott Martin is speaks on Fox Business News.

9:20

CIO Scott Martin Interviewed on Fox Business News

Chief Investment Officer Scott Martin is speaks on Fox Business News.

5:33

CIO Scott Martin Interviewed on Fox Business News

Chief Investment Officer Scott Martin is speaks on Fox Business News.

4:54

SVP Paul Nolte Interviewed on TD Ameritrade Network

TD Ameritrade Network interviews Senior Vice President & Portfolio Manager, Paul Nolte, On Gold Hitting A 7 Year High.

Watch the full morning segment here: TD Ameritrade Network