Bloomberg Survery
We don’t need the economic setting to be perfect for the market to move higher. We just need it to be better than is currently priced in.
The Fed, Rates, and Value
/0 Comments/in Craig Callahan, ICON Blog, News /by Kevin ScottWe don’t see the recent jolt in inflation as sustainable and as as result we expect investor fears to gradually calm down over the next year. In the meantime, ICON will continue to focus on value.
Do-Low-Bullish-Reading-Signal-a-Potential-Rally?
/0 Comments/in Brian Callahan, ICON Blog, ICON Highlight Blog /by Kevin ScottAre low bullish readings a rational representation of the market or do they signal a buying opportunity? Historical data has shown us that time of low AAII Sentiment readings often lead to steady growth over the long-term.
Don’t Fight the Fed
/0 Comments/in Craig Callahan, ICON Blog, ICON Highlight Blog /by Kevin ScottOver the last two weeks, I have seen one of the most amazing things I have seen in all my years of watching the financial markets. Two weeks ago M1 grew…
Why Claims that “The Market Was Expensive” Were Wrong
/0 Comments/in Craig Callahan, ICON Blog, News /by Kevin ScottBased on intrinsic value being the present (or discounted) value of their future earnings, the rally of 2020 is very sensible. Investors are pricing in the future, not the present.
Economic Surprise!
/0 Comments/in Craig Callahan, ICON Blog, News /by Kevin ScottRather than reading the news, ICON uses intrinsic value. From horrible to mediocre to good, we believe value tells us what expectations are built into stock prices.
Stocks: Expensive or Cheap?
/0 Comments/in Craig Callahan, ICON Blog, ICON Highlight Blog /by Kevin ScottThere is disagreement on value regarding the overall stock market. ICON thinks stocks, in general, are underpriced relative to their intrinsic value but many analysts are stating stocks are expensive. We presume analysts who think stocks are expensive are basing their views on the broad market P/E. Who’s right, and why the disagreement?
Individual Investor Sentiment: Are Low Bullish Readings a Rational Representation or Do They Signal a Buying Opportunity?
/0 Comments/in Brian Callahan, ICON Blog /by Kevin ScottAt ICON, we invest according to our valuation system and don’t rely on emotions. We also believe that the market leads the economy. Therefore, if one sees low bullish readings of AAII sentiment as contrarian, the current market could actually be a historic buying opportunity.
ICON Strategy-Based Investing: Global Moderate Update
/0 Comments/in Craig Callahan, ICON Blog /by Kevin ScottThe SBI Portfolios buy and hold the best strategies and the most strategy consistent managers in those strategies according to our system. In using this process we’ve observed that the effectiveness of each strategy may vary through changing economic and financial market conditions. One such example during this most recent market volatility is ICON’s SBI Global Moderate Portfolio
Mr. Market 2020
/0 Comments/in Craig Callahan, ICON Blog /by Kevin ScottIt seems timely to recall a metaphor described by Benjamin Graham, the ultimate value investor. In reference to the stock market, he wrote of “Mr. Market.”
ICON Advisers, Inc.
8480 E Orchard Road, Suite 1200
Greenwood Village, CO 80111
Investing in securities involves inherent risks, including the risk that you can lose the value of your investment. There is no assurance that the investment process will consistently lead to successful results.
Consider the investment objectives, risks, charges, expenses, and share classes of each ICON Fund carefully before investing. The prospectus contains this and other information about the Funds; please read the prospectus and carefully before investing. RFS Partners, Distributor.
ICON Funds are offered only to U.S. citizens or residents of the U.S., and the information on this website is intended only for such persons. Nothing on this website should be considered a solicitation to buy or an offer to sell shares of any ICON Fund in any jurisdiction where the offer or solicitation would be unlawful under the securities laws of such jurisdiction.
ICON Advisers, Inc. is the sub-adviser to the ICON Funds. RFS Partners is the distributor of the ICON Funds.