Runnymede Blog

Soaring food inflation threatens to derail US growth

Submitted by Chris Wang on Tue, 04/22/2014 - 01:14

In a speech last Wednesday, Fed Chair Janet Yellen said that persistently low inflation poses a more immediate threat to the US economy than rising prices. This is a very curious comment as food inflation has been soaring in 2014 thanks to droughts in California and Latin America as well as the central banks printing presses running hot. Pork, beef and shrimp prices are all hitting all-time highs.

pork inflation

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Can Sotheby's stock predict a stock market crash?

Submitted by Chris Wang on Tue, 04/15/2014 - 11:00

Investors are always on the hunt for a reliable market indicator which signals a market top. In my mind, asset protection is often an underappreciated skill in this business because so few people have been able to repeat the skill time and time again. Every cycle is slightly different so it is certainly a challenge, but I believe it can be done and with huge value added.

Earlier this month on CNBC, famed hedge fund manager Jim Chanos shared a chart which shows that shares of Sotheby's (BID) have peaked before every major financial bubble since 1987.

sothebys_indicator

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An impartial review of the Allianz 360 Annuity with 360 Benefit Rider

Submitted by Chris Wang on Wed, 04/9/2014 - 11:00

annuitiesThe annuity business has grown in popularity as investors, especially those nearing retirement, look for options to protect themselves from stock market volatility and give them a decent income stream in retirement. With over $200 billion in annual sales, the annuity industry is big business with lots of salesmen trying to persuade you to make a purchase.

Today I will dig deep into the best selling indexed annuity for the 4th quarter of 2013. Sales of indexed annuities, a fixed annuity that provides a minimum guaranteed rate of interest combined with an interest rate tied to movement of an index, increased to $39.3 billion in 2013, a 17% gain year over year. This is the biggest percentage increase of any form of annuity.

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US Service Sector accelerates in March

Submitted by Chris Wang on Mon, 04/7/2014 - 05:01

ISM_service_March_2014

The US service sector accelerated in March thanks to stronger employment.

The Institute for Supply Management (ISM) reported that its service index rose to 53.1, up from 51.6 in February. This was slightly below analyst expectations of 53.5. This marks the 51st consecutive month of growth. A reading above 50 indicates the sector is expanding.

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Don't Let Market Bubbles Hurt Your Portfolio

Submitted by Andrew Wang on Sat, 04/5/2014 - 07:30

The guitar has always been abused with distortion units and funny sorts of effects, but when you don't do that and just let the genuine sound come through, there's a whole magic there.
     - Jeff Beck

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Top 10 Blog Posts (Q1 2014)

Submitted by Andrew Wang on Wed, 04/2/2014 - 08:00

top10-blog-posts-600pxIf you do not have time to read everything that we publish, at least read these 10. "Best" is rarely the same as "popular," but here we let the market decide. According to our readers, these are the best Runnymede blog posts of the first quarter of 2014:

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Barney Stinson's investment philosophy is legen... wait for it... dary.

Submitted by Chris Wang on Mon, 03/31/2014 - 11:30

After 9 seasons and 209 episodes, "How I Met Your Mother" comes to a close tonight. We will get the one story that we've all been waiting for: how Ted Mosby met the mother of his children. I myself have been a huge fan and have enjoyed the journey following the misadventures of Ted, Marshall, Lilly, Robin and of course the legen... wait for it... dary Barney Stinson.

barney-stinson

Before we say goodbye...

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An impartial review of the Security Benefit Total Value Annuity

Submitted by Chris Wang on Thu, 03/27/2014 - 10:24

annuitiesThe annuity business has grown in popularity as investors, especially those nearing retirement, look for options to protect themselves from stock market volatility and give them a decent income stream in retirement. With over $200 billion in annual sales, the annuity industry is big business with lots of salesmen trying to persuade you to make a purchase.

Today I will dig deep into an indexed annuity which has been booming in popularity in recent years. Sales of indexed annuities, a fixed annuity that provides a minimum guaranteed rate of interest combined with an interest rate tied to movement of an index, increased to $39.3 billion in 2013, a 17% gain year over year. This is the biggest percentage increase of any form of annuity.

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Protect Yourself from IRS Tax Scams

Submitted by Andrew Wang on Tue, 03/25/2014 - 02:23

medium_6355404323-1With tax season upon us, taxpayers are not the only ones preparing for tax filing day. The Internal Revenue Service warns consumers that there are sophisticated scams targeting taxpayers throughout the country.

You cannot let your guard down because scammers are staging a multimedia assault using email, phone, fax, websites, and/or mailed notices posing as the IRS.

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Is Fed Chair Janet Yellen Tapering Fast Enough?

Submitted by Chris Wang on Fri, 03/21/2014 - 03:17

Investment Advisor Annuities Review

Back in August, I gave you "3 Reason Not to Fear the Taper" because I didn't feel that the Fed reducing bond purchases would hurt the market. While the taper hasn't been on for long, US stock market indices are trading near all-time highs which confirms my call. Today I wonder aloud, "Is the Fed tapering fast enough?" 

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Please remember that past performance may not be indicative of future results. Different types of investments involve varying degrees of risk, and there can be no assurance that the future performance of any specific investment, investment strategy, or product (including the investments and/or investment strategies recommended or undertaken by Runnymede Capital Management, Inc.), or any non-investment related content, made reference to directly or indirectly in this blog will be profitable, equal any corresponding indicated historical performance level(s), be suitable for your portfolio or individual situation, or prove successful. Due to various factors, including changing market conditions and/or applicable laws, the content may no longer be reflective of current opinions or positions. Moreover, you should not assume that any discussion or information contained in this blog serves as the receipt of, or as a substitute for, personalized investment advice from Runnymede Capital Management, Inc. To the extent that a reader has any questions regarding the applicability of any specific issue discussed above to his/her individual situation, he/she is encouraged to consult with the professional advisor of his/her choosing. Runnymede Capital Management, Inc. is neither a law firm nor a certified public accounting firm and no portion of the blog content should be construed as legal or accounting advice. A copy of the Runnymede Capital Management, Inc.’s current written disclosure statement discussing our advisory services and fees is available for review upon request.

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