WrapManager's Wealth Management Blog
When life changes, we can help you thoughtfully respond.

Gabriel Burczyk

Founder & CEO

Recent Posts

Second Quarter U.S. Tactical Core Strategy Commentary - Good Harbor Financial

Posted by Gabriel Burczyk | Founder & CEO

July 17, 2012

Good Harbor Financial reviews their U.S. Tactical Core strategy during the second quarter of 2012 and takes a look at the impact that inflation has on bonds. "June data present a mixed outlook for stocks. Equity momentum improved across the month, particularly for the small cap index. However bond momentum remained relatively steady, registering a slight decrease for the month but maintaining a positive level. The VIX spot index decreased significantly in June, falling nearly 30% to end the month at 17.1. The futures complex reflected similar sentiment with the near term contracts falling 20%-25%. Credit spreads widened slightly while on the economic front, the U.S. economic output level and growth rate decreased. On the yield curve side, rates increased across the board as did our slope measures."

Click here to read the full Good Harbor Commentary.

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Good Harbor Financial

Low Rates, Low Inflation&Slow Growth Spark a Flight to Quality - Navellier

July 16, 2012
Louis Navellier takes a look at dividend paying stocks and how low interest rates are driving them up. "Stocks declined steadily over the first four days of last week, mostly due to lackluster second-quarter earnings reports and growing fears of the impending "fiscal cliff." But on Friday, JPMorgan Chase reported unexpectedly high earnings of $5 billion, despite a $5.8 billion trading loss in May. On that news, the Dow shot up 204 points and the S&P 500 eked out a small (0.16%) weekly gain." Download Full Commmentary Here Get Free Research Reports about Navellier & Associates, Inc. [+] Read More

Jobs, Commodities and Vehicle Sales - Navellier

July 11, 2012
This week's commentary from Navellier & Associates focuses on the latest jobs report and commodity prices. "Despite sizzling temperatures and Fourth of July fireworks, the stock market cooled down after Friday's payroll report put investors in a bad mood. But most bad news has a silver lining: (1) The world economy is slowing down, but that means lower oil prices and (2) Companies aren't hiring as fast, but their higher productivity could boost earnings. For the week, the Dow Industrials and S&P 500 fell 0.84% and 0.55%, respectively, but the Russell 2000 rose 1.08%, and NASDAQ eked out a 0.08% gain." Download Full Commmentary Here Get Free Research Reports about Navellier & Associates, Inc. [+] Read More

Europe, Gold and China - Avatar Investment Management

June 21, 2012
Avatar Investment Management's June commentary focuses on European elections, gold, Japan and finally China. "The European sovereign debt crisis moved into even higher gear as it became clear that, when put to a vote, very few people are in favor of austerity, the policy of choice within the European leadership councils. The highest profile election, of course, was in Greece in April. In that country, the electorate clearly bucked against the budget measures adopted by the prior government. Those measures were, essentially, imposed by the European leaders who, basically, hold the checkbook allowing Greece to meet its debt obligations. The Greek election, importantly, was not an isolated push back. The national elections held in France resulted in a Socialist candidate defeating one of the leaders in this crisis. Local elections throughout Europe, even including the countries leading the austerity drive, have served to weaken the hands of the European elite. This appears to be a political process that can take some time as it unfolds." Download Full Commmentary Here Get Free Research Reports about Avatar Associates [+] Read More

Understanding Beneficiary Designations: 10 Things Everyone Should Know

June 6, 2012
Most of us think of our estate plan as our will or living trust. However, in many cases, those documents have no effect on some of your most important assets. Instead, your beneficiary designations control who will receive those assets. Always keep these important considerations in mind regarding your beneficiary designations. Download Full Commmentary Here [+] Read More

Consumer Spending - Back in the Black - Lord Abbett

May 16, 2012
Lord Abbett's Milton Ezrati takes a look at the pros and cons of the increase in consumer spending over the last few quarters. "Since late 2011, measures of consumption show acceleration in virtually all categories, despite the recent rise in gasoline prices. In one sense, this is good news for the economy, as it will push the pace of overall growth and, ultimately, prompt more hiring, which in itself will reinforce spending growth. But-and there is always a but-this new trend raises longer-term concerns. More liberal consumer spending can only take the economy so far. Because heightened levels of consumption will limit households' abilities to make needed improvements in their finances, any effort to boost outlays too far too fast would only threaten pinched finances at a later date, followed by spending cutbacks, say in 2014 or 2015, with all the recessionary influence that would impose on the economy in general." Get Free Research Reports about Lord Abbett Company Llc [+] Read More

Presidential Cycles and Other Election Year Theories - Federated Investors

April 13, 2012
Federated Investors' latest report discusses stock market and dividend returns based on the outcome of the Presidential election. "History suggests that investors could benefit from paying attention to the presidential election cycle. In modern times, the fourth year of a president's term has tended to be a positive one for stocks, as the incumbent does all the he can to remain in office. But what happens if the president comes from one party, and Congress is headed by another? What if the race is close? What if it’s a landslide? And does it matter if the winner is a Republican or a Democrat? All of these outcomes can have potential implications for the economy-and the markets." Download Full Commmentary Here Get Free Research Reports about Federated Investors Inc [+] Read More

Redefining Risk in Fixed Income - Janus Capital

April 12, 2012
Janus Co-Chief Investment Officer examines the new risks in fixed income that most investors don’t know about. "The world has changed for fixed income investors. The four primary sectors in the fixed income market have essentially converged into two. Interest rate risk in the U.S. is at its highest level in decades. Sector risk/return characteristics have been significantly altered-perhaps permanently. These factors are coming together to create an environment of heightened risk for fixed income investors." Download Full Commmentary Here Get Free Research Reports about Janus Capital Management LLC [+] Read More

Money Manager Tradewinds Global Investors Downgraded to Review

March 22, 2012
WrapManager’s Investment Policy Committee placed money manager Tradewinds Global Investors on Review status as of March 20, 2012. Chief Investment Officer, Co-President and Lead Portfolio Manager David Iben will be leaving Tradewinds on June 30, 2012, along with several key members of the Tradewinds’ portfolio team. If you currently have Tradewinds in your portfolio or are considering Tradewinds as an investment, WrapManager’s Investment Policy Committee recommends that you request more information here and speak with one of our Wealth Strategists before making any decisions. Our Wealth Strategists will provide you will detailed information about Tradewinds’ strategies and offer alternatives given these significant personnel departures. Mr. Iben was responsible for growing the Tradewinds 14-member team beginning in 2006. He was also portfolio manager for the Tradewinds Multi-Cap Opportunities strategy, which was one of WrapManager’s recommended money manager strategies for 2012. The strategy is now on review status. Three portfolio managers and Tradewinds’ Associate Director of Research will also be leaving Tradewinds to join Mr. Iben at Vinik Asset Management. As a result, several Tradewinds portfolios will be losing their lead and/or co-portfolio managers. These include: Nuveen Tradewinds Value Opportunities, Nuveen Tradewinds Global All-Cap, Nuveen Tradewinds International Value, Nuveen Tradewinds Global Resources, Nuveen Tradewinds Global Flexible Allocation, and Nuveen Tradewinds Small-Mid Cap. Tradewinds has not announced any successor to Mr. Iben. These most recent departures come on the heels of Paul Hechmer’s departure in mid-2009. Mr. Hechmer helped found Tradewinds and managed the International Value portfolio for several years. Get Free Research Reports about Tradewinds NWQ Global Investors, LLC [+] Read More

Are We Due for a Correction? - Navellier

February 29, 2012
Louis Navellier of Navellier & Associates go over why he thinks a stock market correction is coming soon. "The stock market continues to benefit from a tidal wave of buying pressure, as new money keeps flowing into stocks. The S&P 500 and Dow rest at their highest levels since before the 2008 financial crisis, while NASDAQ is trading at an 11-year high. This surge was thought to be impossible last October, when fears of a double-dip recession were dominant. Back then, we called for a strong market recovery. Now, I may be going against the grain again - calling for a short-term correction due to rising oil prices." Download Full Commmentary Here Get Free Research Reports about Navellier & Associates, Inc. [+] Read More