An ocean of cash: Inflows into US stocks in 2013 equal the past four years combined. But does this mean that US investors feel optimistic? In this video, Financial Times’ John Authers speaks with Avi Nachmany, Strategic Insight co-founder and Director of Research, about mutual fund flow trends and investor sentiment in the US.
The harvest and crush have come to an end in both Sonoma and Napa
counties. Mary Claire and I returned home in late October after six
weeks in New York and London. We made a slight detour on the way and
had a wonderful day in Toronto with Ann and Earl Bederman, the founder
of Investor Economics.
It has been a difficult year for Jamie Dimon, Chairman and CEO of JPMorgan Chase. On top of the loss of over $6 billion generated by the "London Whale," Dimon and the bank appear to have become the favorite target of regulators.
As it always does, summer disappeared into our rearview mirror all too soon. Fall, though, brings the final month of pennant races for Major League Baseball and the start of the National Football League season. This year it also brings a major announcement for Asset International’s Strategic Insight division that will take place in October.
This is proving to be an exciting summer in many regards, in the midst
of new heat records in the Northeast. We are back in New York and have
suffered along with the rest of New York City through an oppressive week
of heat and humidity. In
spite of the heat and the building excitement for the new college and
professional football season, this summer is proving to be exciting and,
at certain points, complex as well.
Before the G8 attendees focused on finding a political solution to the Syrian conflict and doing it in a way that did not isolate Vladimir Putin, who continues to support Bashar al-Assad, there was an initial focus on the global economy.
We are in London this week, focusing on client and team meetings. This is the replacement trip for the one that was canceled in March. Spring has arrived and the first four days have seen fabulous weather, but I trust that the rain and wind will catch up with us, starting today.
Unfortunately, due to a canceled flight on United Airlines to London from San Francisco and United's inability to reschedule our flight for several days with the original non-stop itinerary, Mary Claire and I found ourselves at home in Blackhawk this past week. I believe that United Airlines is still finding their fleet compromised with the Boeing 787 Dreamliner continuing to be grounded around the globe. We certainly had many things to catch up on, as we had not been home in the Bay Area for more than a month, but Mary Claire suggested that a Friday trip to Napa Valley would be a welcome addition to our schedule.