News

Q&A with Peter Zeihan, Part 2: Three New Wars March 13, 2017

Posted by Knowledge Leaders Team in Economy, Knowledge Leaders, News

We recently met with geopolitical strategist Peter Zeihan to discuss world events since the American election and his new book, “The Absent Superpower: The Shale Revolution and a World without America.” In the book, Peter credits energy and resource innovations with reshaping the global geopolitical…

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Post-election Market Update & Conference Call November 18, 2016

Posted by Knowledge Leaders Team in Economy, Markets, News

Today Chief Investment Officer Steven Vannelli, CFA, hosted a conference call to share the investment team’s analysis of the global equity and fixed income markets one week after the election. Click the link below to download the presentation. DOWNLOAD SLIDES A recording of the call will…

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Author Q&A with Bloomberg TV’s ETF Expert Eric Balchunas May 11, 2016

Posted by Knowledge Leaders Team in News

In our most recent book club selection — The Institutional ETF Toolbox — Author Eric Balchunas outlines what investors need to know about the changing landscape of investment products in a fast-moving format that makes this book well worth any investor’s valuable time. Balchunas quotes…

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This week: Quarterly Conference Calls January 20, 2016

Posted by Knowledge Leaders Team in Knowledge Leaders, News

Portfolio Manager Steve Vannelli will host two quarterly conference calls to update investors on recent performance and outlook for the Gavekal Knowledge Leaders investment products. A US mutual fund call will take place tomorrow, January 21 at 4:15pm ET. On Friday, January 22 at 2pm…

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US Corporate Profit Margins Are Coming Back Down To Earth May 29, 2015

Posted by Knowledge Leaders Team in News

Today wasn’t the best day for US economic releases. The 2nd revision of 1Q GDP was (unsurprisingly) revised down from 0.2% to -0.7%. The release that caught our eye, however, was the initial release of corporate profits in the US for the first quarter. After-tax…

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Decline in Sentix Euro Break-Up Survey May 27, 2015

Posted by Knowledge Leaders Team in News

The 1,000 or so participants in Sentix’s monthly survey of whether or not a country will leave the euro collectively decided that the risk has subsided (slightly): The decline to 41% (from nearly 50% in April) was mostly attributable to risks related to Greece’s membership…

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San Francisco Real Estate Is 75% Above Housing Crisis Lows May 26, 2015

Posted by Knowledge Leaders Team in News

The latest (March) Case-Shiller Home Price Index was released this morning and there were several noteworthy data points in the report. First, our 3-month diffusion index that measures the number of cities where prices are higher now than they were three months ago increased by…

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The Knowledge Effect Leads to Excess Stock Returns May 08, 2015

Posted by Knowledge Leaders Team in Knowledge Leaders, News

In a new white paper released today, we identify a stock market anomaly. The Knowledge Effect is the tendency of highly innovative companies to deliver excess returns for investors. Academic researchers first discovered an association between a firm’s knowledge capital and its stock performance. Our…

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