logging in or signing up Cornerstone Chartbook April 2012 valuelurker Download Post to : URL : Related Presentations : Share Add to Flag Embed Email Send to Blogs and Networks Add to Channel Uploaded from authorPOINT lite Insert YouTube videos in PowerPont slides with aS Desktop Copy embed code: Embed: Flash iPad Copy Does not support media & animations WordPress Embed Customize Embed URL: Copy Thumbnail: Copy The presentation is successfully added In Your Favorites. Views: 55 Category: Business & Fin.. License: All Rights Reserved Like it (0) Dislike it (0) Added: April 15, 2012 This Presentation is Public Favorites: 0 Presentation Description What a Return to Normal looks like Comments Posting comment... Premium member Presentation Transcript PowerPoint Presentation: Copyright 2003-2012, All rights reserved. invest with cornerstone .com 4/13/2012 Quarterly Chartbook April 2012PowerPoint Presentation: Copyright 2003-2012, All rights reserved. invest with cornerstone .com 4/13/2012 Which way from here?PowerPoint Presentation: Copyright 2003-2012, All rights reserved. investwithcornerstone.com 4/13/2012 Five key takeaways… A return to normal is… Both higher interest rates and higher stock prices at the same time. Economic activity and financial markets that are driven by organic economic growth, not repeated interventions by Central Bankers. Things getting better while realizing that bad things still happen. (Let’s fess up, admit the truth and let some people go broke) Not hiding in US Treasuries until all of the after-shocks are gone.Ah, the Great 1982-2000 Bull market: Ah, the Great 1982-2000 Bull market Copyright 2003-2012, All rights reserved. investwithcornerstone.com 4/13/2012 The great 1982 to 2000 Bull market is not a return to normal. Over that time the P/E rose from roughly 8 to 18. In that time folks US let the market do its saving for them.A return to normal means getting off of the “Juice”: A return to normal means getting off of the “Juice” Copyright 2003-2012, All rights reserved. investwithcornerstone.com 4/13/2012Watch the 3 month bill… it will tell you when the bond market is likely to turn.: Watch the 3 month bill… it will tell you when the bond market is likely to turn. Copyright 2003-2012, All rights reserved. investwithcornerstone.com 4/13/2012 This is not “normal”.Returning to “normal” from a balance sheet recession: Returning to “normal” from a balance sheet recession Copyright 2003-2012, All rights reserved. investwithcornerstone.com 4/13/2012Stress within the US Financial System is close to “normal”: Stress within the US Financial System is close to “normal” Copyright 2003-2012, All rights reserved. investwithcornerstone.com 4/13/2012After flashing a recession warning last August this indicator is Bullish again.: After flashing a recession warning last August this indicator is Bullish again. Copyright 2003-2012, All rights reserved. investwithcornerstone.com 4/13/2012PowerPoint Presentation: 04/13/2012 Copyright 2003-2012, All rights reserved. investwithcornerstone.com Believe it or not, demand from the private sector of the economy has almost returned to normal.PowerPoint Presentation: Copyright 2003-2012, All rights reserved. investwithcornerstone.com 4/13/2012 Positive “Real” (above the rate of inflation) would be a return to normal.PowerPoint Presentation: Copyright 2003-2012, All rights reserved. investwithcornerstone.com 4/13/2012PowerPoint Presentation: The Shale gas revolution can power a return to normal growth 04/13/2012 Copyright 2003-2012, All rights reserved. investwithcornerstone.comPowerPoint Presentation: Copyright 2003-2012, All rights reserved. investwithcornerstone.com 04/13/2012 I know this is gonna sound crazy, but sharply higher (3-5% on the US Ten Year) interest rates would be bullish.This remains exceedingly bullish.: This remains exceedingly bullish. Copyright 2003-2012, All rights reserved. investwithcornerstone.com 4/13/2012 You do not have the permission to view this presentation. In order to view it, please contact the author of the presentation.
Cornerstone Chartbook April 2012 valuelurker Download Post to : URL : Related Presentations : Share Add to Flag Embed Email Send to Blogs and Networks Add to Channel Uploaded from authorPOINT lite Insert YouTube videos in PowerPont slides with aS Desktop Copy embed code: Embed: Flash iPad Copy Does not support media & animations WordPress Embed Customize Embed URL: Copy Thumbnail: Copy The presentation is successfully added In Your Favorites. Views: 55 Category: Business & Fin.. License: All Rights Reserved Like it (0) Dislike it (0) Added: April 15, 2012 This Presentation is Public Favorites: 0 Presentation Description What a Return to Normal looks like Comments Posting comment... Premium member Presentation Transcript PowerPoint Presentation: Copyright 2003-2012, All rights reserved. invest with cornerstone .com 4/13/2012 Quarterly Chartbook April 2012PowerPoint Presentation: Copyright 2003-2012, All rights reserved. invest with cornerstone .com 4/13/2012 Which way from here?PowerPoint Presentation: Copyright 2003-2012, All rights reserved. investwithcornerstone.com 4/13/2012 Five key takeaways… A return to normal is… Both higher interest rates and higher stock prices at the same time. Economic activity and financial markets that are driven by organic economic growth, not repeated interventions by Central Bankers. Things getting better while realizing that bad things still happen. (Let’s fess up, admit the truth and let some people go broke) Not hiding in US Treasuries until all of the after-shocks are gone.Ah, the Great 1982-2000 Bull market: Ah, the Great 1982-2000 Bull market Copyright 2003-2012, All rights reserved. investwithcornerstone.com 4/13/2012 The great 1982 to 2000 Bull market is not a return to normal. Over that time the P/E rose from roughly 8 to 18. In that time folks US let the market do its saving for them.A return to normal means getting off of the “Juice”: A return to normal means getting off of the “Juice” Copyright 2003-2012, All rights reserved. investwithcornerstone.com 4/13/2012Watch the 3 month bill… it will tell you when the bond market is likely to turn.: Watch the 3 month bill… it will tell you when the bond market is likely to turn. Copyright 2003-2012, All rights reserved. investwithcornerstone.com 4/13/2012 This is not “normal”.Returning to “normal” from a balance sheet recession: Returning to “normal” from a balance sheet recession Copyright 2003-2012, All rights reserved. investwithcornerstone.com 4/13/2012Stress within the US Financial System is close to “normal”: Stress within the US Financial System is close to “normal” Copyright 2003-2012, All rights reserved. investwithcornerstone.com 4/13/2012After flashing a recession warning last August this indicator is Bullish again.: After flashing a recession warning last August this indicator is Bullish again. Copyright 2003-2012, All rights reserved. investwithcornerstone.com 4/13/2012PowerPoint Presentation: 04/13/2012 Copyright 2003-2012, All rights reserved. investwithcornerstone.com Believe it or not, demand from the private sector of the economy has almost returned to normal.PowerPoint Presentation: Copyright 2003-2012, All rights reserved. investwithcornerstone.com 4/13/2012 Positive “Real” (above the rate of inflation) would be a return to normal.PowerPoint Presentation: Copyright 2003-2012, All rights reserved. investwithcornerstone.com 4/13/2012PowerPoint Presentation: The Shale gas revolution can power a return to normal growth 04/13/2012 Copyright 2003-2012, All rights reserved. investwithcornerstone.comPowerPoint Presentation: Copyright 2003-2012, All rights reserved. investwithcornerstone.com 04/13/2012 I know this is gonna sound crazy, but sharply higher (3-5% on the US Ten Year) interest rates would be bullish.This remains exceedingly bullish.: This remains exceedingly bullish. Copyright 2003-2012, All rights reserved. investwithcornerstone.com 4/13/2012