Chris Wang

Chris Wang is an Owner and Portfolio Manager at Runnymede Capital Management, a family-owned investment firm that has served institutions and high-net-worth individuals with integrity for over 20 years. The firm has a unique record of protecting clients’ assets from major “financial hurricanes” and offers a one-of-a-kind service sector strategy. Runnymede was named Best Customer Service in Investment Management at the 2012, 2013 and 2014 Captive Service Awards and nominated 2008 Manager of the Year by Financial Investment News.

Chris was recently named one of the Top 100 Most Social Financial Advisors by Brightscope. He is a contributor to Huffington Post and Seeking Alpha; and he has been quoted in major investment publications including Barron's and Forbes. Mr. Wang graduated magna cum laude with a B.S. in Business Administration from the University of Richmond. He is married, has a beautiful daughter, and is a diehard New York Mets fan.

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Recent Posts

Is the Year of the Dog bullish or bearish for the market?

Today marks the New Year of lunar calendar. We turn the page on the Year of the Rooster and welcome the Year of the (Earth) Dog. Some famous dogs are Winston Churchill, Mother Teresa, Elvis Presley, President Donald Trump, former Presidents Bill Clinton and George W Bush, Michael Jackson, Madonna and Steven Spielberg. Clearly lots of creative people and powerful leaders, but that isn't important to us. We wonder what the Year of the Dog has in store for the stock market.

Experts are starting to see parallels to the financial crisis?

This morning on Yahoo Finance, the top story is titled "Market experts are starting to see parallels to the financial crisis." According to writer Dion Rabouin, some market analysts and fund managers believe that the current environment is beginning to look like the early days of the financial crisis of 2007-2009. The key argument is that the volatility products that collapsed on Monday are similar to the leverage in subprime mortgages. Here is an excerpt:

Don't invest in things you don't understand

Today I want to give you a tip to keep you out of trouble: never invest in something that you don't understand. That includes bitcoin, MLPs, annuities, structured products and even stocks. This may seem obvious but I have seen people make this simple mistake because they are chasing the hottest thing in the moment. Early in my career, it was internet stocks. People were buying companies with no earnings and no business plan and were simply interested because the price was going up. Years later, it was subprime loans. The worst quality mortgages were sliced and diced and then packaged as supposedly A rated bonds. When things are too good to be true and you can't understand how it is possible, trust your gut and run away as fast as possible.

A stock market lesson from Coldplay's Chris Martin

On Friday, the Dow Jones Industrial average fell 666 points. The scary headlines followed suit. "Dow plunges 666 points -- worst day since Brexit" "Dow drops 666 points and posts its worst week since 2016" It's no surprise that over the weekend, I had several conversations and all of them were about the stock market drop (well at least until the Super Bowl began). Friends wanted to know what I think about the sell off. To sum up my answer, I will use a favorite Coldplay song: DON'T PANIC.

US firms bullish on prospects in China

Companies from the United States doing business in China are becoming more optimistic about the China-US business environment despite fears of trade tariffs and political rhetoric. According to the 2018 China Business Climate Survey from the American Chamber of Commerce in China and Bain & Company, about 36 percent of respondents believe relations between the two major trading partners will improve this year, up substantially from just 17 percent in 2017. "Regarding the economy, there is cautious optimism that the 'new normal' rate of growth is sustainable for the foreseeable future, providing opportunities for business to expand," said William Zarit, chairman of AmCham in China.

Warning sign: retail investors finally join the party

The global equity markets are off to a red hot start and optimism is at an extreme following the tax reform bill to close out 2017. In Davos, billionaire hedge fund manager called it "stupid to own cash." Last week saw a record inflow of $33.2 billion into stock ETFs and mutual funds according to Bank of America Merrill Lynch. Is this a sign of euphoria and potential warning sign for the market?

GSAM: No recession in sight, stay bullish

On Thursday, I had the pleasure of returning to the New York Stock Exchange for the second time in a week. Last Tuesday was for opening bell and this time it was closing bell with the Aussies ringing the bell for Australia Day. Thanks to Goldman Sachs Asset Management (GSAM) for the invite and their insights on their market outlook for 2018. Their tag line for this year is "Pro-growth, Pro-equity, Pro-reality." They share our view that global growth will continue in 2018 and given the low interest rate environment that means investors should favor stocks over bonds. 

Ray Dalio predicts a market blowoff rally

This week, the global elite are gathered in Davos for the annual World Economic Forum. Headlines are already being made from fears of protectionism/tariffs to support of a weak US Dollar. Bridgewater Associates founder Ray Dalio has been making the rounds on CNBC and Bloomberg and he's making it clear that he believes that the tax cut could lead to a big surge, which he is calling it "a market blowoff" rally, for the US stock market.

What a government shutdown means for your investments

All the headlines for the past few days have been focusing on the potential government shutdown which takes place at midnight tonight. It doesn't appear that either side is willing to back down at this point and the best case to avoid a shutdown may be another short term deal. But I'm not here to talk about politics and the politicians inability to compromise and find middle ground. We have to consider what the shutdown means to our clients' investment portfolios.

China policy to reshape 21st century economy

Back in 2013, China's President Xi Jinping announced the One Belt One Road (OBOR) initiative to modernize infrastructure along the ancient Silk Road trading routes. This policy is poised to reshaped the 21st century economy. The project is a potential win win for China and its surrounding neighbors. For China, it seeks to create trade and investment opportunity in infrastructure and construction providing China with a new channel to broaden its export market. For its neighbors, they will benefit from modernized roads and power plants which will help their economies flourish and grow. This rising tide should lift all boats!

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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.-"Runnymede"), 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.  Please remember that if you are a Runnymede client, it remains your responsibility to advise Runnymede, in writing, if there are any changes in your personal/financial situation or investment objectives for the purpose of reviewing/evaluating/revising our previous recommendations and/or services, or if you would like to impose, add, or to modify any reasonable restrictions to our investment advisory services. 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 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's current written disclosure Brochure discussing our advisory services and fees is available for review upon request. Please Note: Runnymede does not make any representations or warranties as to the accuracy, timeliness, suitability, completeness, or relevance of any information prepared by any unaffiliated third party, whether linked to Runnymede's web site or blog or incorporated herein, and takes no responsibility for any such content. All such information is provided solely for convenience purposes only and all users thereof should be guided accordingly.