White Paper: Using Volatility to Add Alpha and Control Portfolio Risk
Volatility is a well-known and widely-studied aspect of financial markets, and has been the focus...
Read Moreby John Rothe | Feb 14, 2023 | Investment Research
Volatility is a well-known and widely-studied aspect of financial markets, and has been the focus...
Read Moreby John Rothe | Jan 24, 2023 | Investment Research
Since the November lows, the relationship between Growth and Value names has traded place. If we take a look at the relative strength comparison between S&P 500 Value and S&P 500 Growth, we can see that after the Tech Collapse in 2000-2001, Value stocks outperformed Growth stocks on a relative basis up until the Great Financial Crisis. After 2009, Value underperformed Growth — until the stock market lows in November 2022.
Read Moreby John Rothe | Jan 18, 2023 | Economic Research, Investment Research
Today international stocks currently trade at more attractive valuations than U.S. stocks after a decade of underperformance. U.S. stocks trade at a higher next 12-month price-to-earnings multiple than international stocks. In addition, U.S. stocks trade more expensive against their historical valuation range, as evidenced by the 10th to 90th percentile range of historical price-to-earnings multiples.
Read Moreby John Rothe | Jan 13, 2023 | Investment Research
While doing my daily chart review, I noticed an interesting change within the S&P 500 taking...
Read Moreby John Rothe | Dec 1, 2022 | Investment Research
Monthly Market Summary The S&P 500 Index returned +5.6% during November, outperforming the...
Read Moreby John Rothe | Sep 15, 2022 | Economic Research
This month’s charts examine the trend of increasing consumer credit usage. Figure 1 charts the...
Read Moreby John Rothe | Sep 12, 2022 | Investment Research
Historical lookback of returns during the month of September. 1950 to 2022(as of 9/12/2022)
Read MoreJohn Rothe is the Founder and Chief Investment Officer of Riverbend Investment Management