CLS Blog

The CLS Investment Team Goes To the Movies: The Big Short

February 12, 2016
Objects related to the cinema on reflective surface.

Content provided by Rusty Vanneman, CFA, Chief Investment Officer Recently, the CLS Investment Team went to the movies (after the markets closed, of course!). It’s a great time of year for high-quality movies, and our choice was the critically acclaimed, The Big Short. The movie is about the financial crisis that stemmed from the real…

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Is It Really a Chinese Crisis?

February 1, 2016
Chinese Stock Market - Arrow Graph Going Down on Red Chinese Flag

Content provided by Paula Wieck, CLS Portfolio Manager The financial media has used some colorful language to describe China’s stock market this year. The words “turmoil,” “bloodbath,” “wreaking havoc,” and “ripples of panic” have shown up in quite a few headlines. But that might be slightly overstated. China is important; but it’s not everything. Why…

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DOL Prepares to Finalize Fiduciary Rule

January 29, 2016
fiduciary

Content provided by Mike Forker, CLS Chief Compliance Officer The Department of Labor (DOL) has finalized their proposed fiduciary rule, which would impose a fiduciary standard on all advice given to retirement plans and IRAs. This morning, the Office of Management and Budget (OMB) announced that they had received a final rule from the DOL titled…

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2015: A Look Back At Income-Producing Strategies

January 29, 2016
updown

Content provided by Case Eichenberger, CLS Client Portfolio Manager 2015 was no doubt a tough year for the stock market. In fact, the average investor lost about 3% for the year. While not even close to bear market territory, these are disappointing gains nonetheless. Of the major asset classes, only the S&P 500 had a…

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January’s Market Volatility

January 25, 2016
Tables with stock prices and charts symbolizing the ups and downs of the stock market.

Content provided by Case Eichenberger, CIMA, Client Portfolio Manager What’s scaring market participants today? Will this be known as the China scare of 2016? The oil crash of 2016? It’s always hard to blame market turmoil on one event, but slowing global growth is usually a culprit. When combined with slumping demand for oil/an overabundance of…

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Large Caps vs. Small Caps Debate

January 20, 2016
Two piggy banks, one big and one small, on a bright blue background

Content provided by Paula Wieck, CLS Portfolio Manager At the start of 2015, some market pundits doubted the ability of large-cap stocks to outperform small caps due to the strengthening dollar. Typically, dollar strength bodes well for small-cap companies because they do much of their business locally. Larger companies tend to do more business across…

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The Key Principles to Managing Portfolio Risk

January 13, 2016
key

Content provided by Joe Smith, CFA, CLS Senior Market Strategist Volatility has gradually picked up this year. This should be no surprise to investors since we have seen exceptionally low volatility over the last few years. Volatility inevitably reverts back to historical trends and should be expected to rise as markets focus on company-specific fundamentals and…

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Party Like It’s 1999!

December 29, 2015
party

Content provided by Rusty Vanneman, CFA, CLS Chief Investment Officer The current stock market environment feels a heckuva lot like the late 1990s. Large-cap growth stocks, particularly some high-profile Internet companies, are leading the way now, just as they did then. Value-oriented investors, including some of the most well-known portfolio managers, are getting shellacked. The…

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5 Factors for 2016 and Beyond

December 21, 2015
businessman checking final  mark on checklist

Content provided by Kostya Etus, CLS Associate Portfolio Manager 2015 is coming to a close which means it’s time to reflect on the year that was. But, more importantly, it’s time to plan for the year that will be. Planning for the future (for anyone and anything) has to start with the three basic questions:…

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Likelihood of Interest Rate Hikes and Their Effect on Your Portfolio

December 15, 2015
interest rates

Content provided by Josh Jenkins, CFA, CLS Portfolio Manager Recent guidance from the Federal Reserve (Fed) suggests it may finally be ready to lift interest rates at its next meeting on December 16, and the market has taken note. According to Bloomberg, as of December 10 the probability of a hike was 80%. Bloomberg has…

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