• A Bumpy Ride, But Recovery is Coming

    Last week was full of surprises, though by looking at the market’s performance you wouldn’t know it. Between the attack on the Capitol, the now 50-50 split in the Senate, and the first (net) loss in jobs since April, one might have expected a pullback in stocks. Yet last week, the major indices continued to…

  • The Weight of GDP – CONTINUED

    The correlation between growing economic activity and growing weight of real GDP apparently peaked in the late 1970s. In recent years, the conceptual contribution to economic activity has reflected importantly the explosive growth in information gathering and processing techniques, which have greatly extended our capability to substitute ideas for physical volume. In the years ahead,…

  • Vaccine, low interest rates, upcoming stimulus are driving markets: Expert

    Dec. 18, 2020 – 8:36 – Payne Capital Management President Ryan Payne, Surevest CEO Rob Luna and Advisors Capital Management partner JoAnne Feeney provide insight into today’s markets. Click to watch on Fox Business

  • A Shot in the Arm

    The pace of the economic recovery is slowing, as governments close restaurants and other facilities to stymie spread of Covid. But approval and widespread distribution of at least two vaccines ensure the economy will soon get a booster shot (figuratively) even as the population gets a booster shot in the arm (literally). Within 6 months,…

  • There’s Plenty of Reason for Optimism on Stimulus, Investor Says

    Chuck Lieberman, Partner and CIO at Advisors Capital Management, joined Cheddar to discuss why he’s optimistic a stimulus deal could get done sooner rather than later. Watch on Cheddar TV

  • The Market Has Rallied Huge. What’s Next?

    COVID-19 continues to wreak havoc, as cases spike throughout the country during this holiday season (chart below). California, responsible for about 15% of US GDP, has recently issued the widest and most restrictive stay-at-home orders. Hospitals throughout the country are running out of ICU beds available for COVID-19 patients. And yet the S&P 500 and…

  • S&P and Nasdaq Close at Record High as Pfizer Rolls Out Vaccine in UK

    The S&P and Nasdaq closed Tuesday’s session at a record, while the Russell 2000 also records a record close on a day when Pfizer rolls out its coronavirus vaccine in the UK. JoAnne Feeney, Partner & Portfolio Manager at Advisors Capital Management, says the market is building in a lot of hope and expectation for…

  • Many Fixed Investors Are Playing With Fire

    Many investors do not realize they are playing with fire in the fixed income portion of their portfolios by choosing to own common, high quality investment grade bonds. The typical, easy to construct investment grade portfolio of brand name bonds will leave investors with low yielding assets that have significant interest rate risk exposure. These…

  • CNBC Closing Bell 12/02/2020 with Dr. JoAnne Feeney

    ACM Portfolio Manager, Dr. JoAnne Feeney, on CNBC’s Closing Bell.