To say that Larry Glazer brings a lot of energy to TV and radio is an
understatement. His entertaining style is well suited for both fast
paced one on one interviews and lively debates. But it's the substance of his market analysis that truly sets him apart. For your convenience, please see his latest bullet points below.
Larry Glazer
Wealth Manager - Market Commentator
"Expect a return to stock market volatility this fall..."
Economy: U.S. economic data is weak in proportion to the stock surge. A fall correction is likely. Current U.S. economic data can't support market gain in the face of headwinds such as higher taxes, higher oil prices, and higher interest rates.
Calm before the storm: Expect a return to stock market volatility this fall as negative campaign rhetoric keeps apathetic investors on the sidelines. Heightened investor anxiety. Europe and Washington return.
Volatility creates opportunities: Be opportunistic. Investors should position themselves with cash to take advantage of market correction. The U.S. stock market/earnings are resilient despite challenging data and need to be viewed in the context of looming fiscal challenges.
Housing: Bullish on housing/ real estate recovery. Confidence has returned to the housing recovery. Sentiment is better. Favor building material stocks over REITS/income plays as construction returns. The housing recovery could overcome other headwinds and be a positive surprise for growth!
Bond Complacency: Investors remain desperate for income, hiding in the bond market, chasing more speculative areas of high yield and low quality munis. If it has a pulse and income, they want it! I'm cautious on High Yield Munis, High Yield Corporates, and MLPs.
Overseas Opportunities: The bad news is priced in overseas. Valuations are lower, yields are higher. Income seeking investors will find opportunities in less crowded overseas dividend strategies. Swap into global multinationals from U.S. peers.
Likes: European Multinationals. Buy what's cheap, has compelling values, and is selling globally. Higher yielding European alternatives to U.S. companies: Ishares International Dividend Index (IDV) - yields over 5%, Total SA (TOT) - European oil company, and Vodafone. A weak Euro is good for exports like
Siemens.
Dislikes: Don’t chase retail stocks. The spike in oil and food prices due to the drought will challenge U.S. consumers and be a negative for RETAIL stocks. Expect an increase in consumer savings, which is bad for consumption in the near term.
Read More of Larry's Market Thoughts
Calm before the storm: Expect a return to stock market volatility this fall as negative campaign rhetoric keeps apathetic investors on the sidelines. Heightened investor anxiety. Europe and Washington return.
Volatility creates opportunities: Be opportunistic. Investors should position themselves with cash to take advantage of market correction. The U.S. stock market/earnings are resilient despite challenging data and need to be viewed in the context of looming fiscal challenges.
Housing: Bullish on housing/ real estate recovery. Confidence has returned to the housing recovery. Sentiment is better. Favor building material stocks over REITS/income plays as construction returns. The housing recovery could overcome other headwinds and be a positive surprise for growth!
Bond Complacency: Investors remain desperate for income, hiding in the bond market, chasing more speculative areas of high yield and low quality munis. If it has a pulse and income, they want it! I'm cautious on High Yield Munis, High Yield Corporates, and MLPs.
Overseas Opportunities: The bad news is priced in overseas. Valuations are lower, yields are higher. Income seeking investors will find opportunities in less crowded overseas dividend strategies. Swap into global multinationals from U.S. peers.
Likes: European Multinationals. Buy what's cheap, has compelling values, and is selling globally. Higher yielding European alternatives to U.S. companies: Ishares International Dividend Index (IDV) - yields over 5%, Total SA (TOT) - European oil company, and Vodafone. A weak Euro is good for exports like
Siemens.
Dislikes: Don’t chase retail stocks. The spike in oil and food prices due to the drought will challenge U.S. consumers and be a negative for RETAIL stocks. Expect an increase in consumer savings, which is bad for consumption in the near term.
Read More of Larry's Market Thoughts