The Wise Investor Show®

Simon shares some timeless investing lessons that resonated with him again this year.  He looks at the current state of the stock market and what has been left behind. Specifically, he examines the historically extreme underperformance and underweighting of the Healthcare sector within the S&P 500 and international stocks more broadly. He also suggests taking a fresh look at commercial real estate and reviews the investment cases for FRT and PLD.    WIG Stocks: PLD, FRT    The information contained in this podcast represents the opinions of the hosts and guests and does not necessarily represent the views of Raymond James and Associates, Inc., The Wise Investor Group, or their respective affiliates and employees.  This podcast is for investor educational purposes only and is not intended to provide, and should not be relied on for, investment advice. The contents of this podcast do not purport to constitute a comprehensive summary of all information necessary to base an investment decision. Past performance is not a guarantee of future results.  Securities mentioned in this podcast may not be suitable for all investors. Seek the advice of your financial advisor or other qualified financial service provider with any questions you may have regarding your individual situation. Discuss any tax or legal matters with the appropriate professional advisors.  Raymond James and Associates, Inc., member New York Stock Exchange, SIPC.

On this week’s show, we’ll look at some evidence that people just aren’t trusting what Trump’s saying and that’s dangerous. Why corporate America doesn’t believe him but the Fed does. How we’ll think about that and also take a look at the results from a few names in the portfolio. The information contained in this podcast represents the opinions of the hosts and guests and does not necessarily represent the views of Raymond James and Associates, Inc., The Wise Investor Group, or their respective affiliates and employees. This podcast is for investor educational purposes only and is not intended to provide, and should not be relied on for, investment advice. The contents of this podcast do not purport to constitute a comprehensive summary of all information necessary to base an investment decision. Past performance is not a guarantee of future results. Securities mentioned in this podcast may not be suitable for all investors. Seek the advice of your financial advisor or other qualified financial service provider with any questions you may have regarding your individual situation. Discuss any tax or legal matters with the appropriate professional advisors. Raymond James and Associates, Inc., member New York Stock Exchange, SIPC.

Simon offers some historical backdrop and economic context for the first salvo in a potential trade war. He suggests the ultimate impact of tariffs depends upon their scope and duration. Companies have the ability to adapt and the potential for several offsets suggests strong corporate earnings growth could continue next year. Simon highlights Constellation Brands – now embroiled in trade war concerns – and Google – facing anti-trust litigation and competitive pressures – as potential values in an otherwise pricey market.    WIG Stocks: STZ, GOOGL    The information contained in this podcast represents the opinions of the hosts and guests and does not necessarily represent the views of Raymond James and Associates, Inc., The Wise Investor Group, or their respective affiliates and employees.  This podcast is for investor educational purposes only and is not intended to provide, and should not be relied on for, investment advice. The contents of this podcast do not purport to constitute a comprehensive summary of all information necessary to base an investment decision. Past performance is not a guarantee of future results.  Securities mentioned in this podcast may not be suitable for all investors. Seek the advice of your financial advisor or other qualified financial service provider with any questions you may have regarding your individual situation. Discuss any tax or legal matters with the appropriate professional advisors.  Raymond James and Associates, Inc., member New York Stock Exchange, SIPC.

There are many paths the market can go down next year and on this week’s podcast we’ll pull from a few analysts to see what to expect. Also important news changing the outlooks for a couple of holdings.     The information contained in this podcast represents the opinions of the hosts and guests and does not necessarily represent the views of Raymond James and Associates, Inc., The Wise Investor Group, or their respective affiliates and employees.  This podcast is for investor educational purposes only and is not intended to provide, and should not be relied on for, investment advice. The contents of this podcast do not purport to constitute a comprehensive summary of all information necessary to base an investment decision. Past performance is not a guarantee of future results.  Securities mentioned in this podcast may not be suitable for all investors. Seek the advice of your financial advisor or other qualified financial service provider with any questions you may have regarding your individual situation. Discuss any tax or legal matters with the appropriate professional advisors.  Raymond James and Associates, Inc., member New York Stock Exchange, SIPC.

Simon cautions on overreacting to the post-election move in stocks. History suggests market outcomes can shift significantly over a presidential term. History also suggests other factors can be more impactful than Washington policy and that stocks over the past 15 years have produced similar annualized returns over various administrations. He notes that company earnings, stock valuations and current bond yields could ultimately influence investor portfolios to a greater degree. He then highlights the latest news flow from ABBV, MRK, AMZN, AAPL, CVX.   The information contained in this podcast represents the opinions of the hosts and guests and does not necessarily represent the views of Raymond James and Associates, Inc., The Wise Investor Group, or their respective affiliates and employees. This podcast is for investor educational purposes only and is not intended to provide, and should not be relied on for, investment advice. The contents of this podcast do not purport to constitute a comprehensive summary of all information necessary to base an investment decision. Past performance is not a guarantee of future results. Securities mentioned in this podcast may not be suitable for all investors. Seek the advice of your financial advisor or other qualified financial service provider with any questions you may have regarding your individual situation. Discuss any tax or legal matters with the appropriate professional advisors. Raymond James and Associates, Inc., member New York Stock Exchange, SIPC.