102 posts categorized as "Media"
The outbreak of the coronavirus (COVID-19) continues to shake the financial markets, with major stock indices dropping into correction territory. (As of Thursday’s close, the S&P 500 was off 12% from its Feb. 19 peak.) While some observers want to chalk it up to “uncertainty” I beg to differ. This problem has more to do…
The major indices are clearly taking the coronavirus more seriously now, with the S&P 500 selling off by 3.4% on Monday, after seemingly ignoring the threat previously as the indices marched to new high after new high. The virus, known as COVID-19, has proven more difficult to contain than previous health scares such as SARS….
Rob Stein joins hosts Jeffrey Sherman and Sam Lau on the Sherman Show Podcast discussing MACRO +MARKETS + NOWCASTING!
On the Sherman Show, Rob Stein, CEO of Astor Investment Management discusses his proprietary Astor Economic Index, designed to give a “now-cast” of the U.S. economy and used by the Astor team to set portfolio asset allocations. Rather than relying on economic forecasts, Rob and his team use contemporaneous reads of jobs, output and other…
The Astor Economic Index improved to slightly above average economic growth in January, buoyed by consistent jobs growth and a return to expansion in the manufacturing sector. U.S. payrolls increased by a solid 225,000 in January, supporting the notion of a durable expansion and labor market. The unemployment rate was essentially unchanged at 3.6%, and…
This month we’ll take the opportunity to look back at both 2019 and the data as they stand at year end. It will come as no surprise to prior readers of this blog that the data has moderated substantially throughout the year, but in aggregate the current economic situation for the U.S. (and increasingly, abroad)…
JANUARY 10, 2020 – BILL HORTZ – Uncertainty & fears of recession have many advisors and RIAs climbing a wall of worry as markets continue to reach new highs – How do you navigate this environment? – Astor Investment Management LLC explains their macro strategy, proprietary index and offers to share research. [We are in…
Watch Astor’s CEO and Founder, Rob Stein, on TDA Network’s, Morning Trade Live with Oliver Renick, as they discuss the current unemployment rate. Click the image above or click here to watch the video! All information contained herein is for informational purposes only. This is not a solicitation to offer investment advice or services…
In the 2019 Market Outlook published this month by WealthManagement.com, Astor portfolio manager, Bryan Novak, highlights key factors that impact rates, credit, and the economy. Click here to read more! All information contained herein is for informational purposes only. This is not a solicitation to offer investment advice or services in any state where to…
Should you be worried about GDP, jobless claims, or durable goods derailing the economy in the near future? Astor CEO, Rob Stein, evaluates the US economic strength, opportunities for growth, and supply and demand questions in the housing market. Click the image above or click here to watch the video! All information contained herein…
“The U.S. economy continues to improve,” said Bryan Novak, senior managing director with Astor Investment Management, which manages $1.1 billion. “Anyone who has maintained that view has been rewarded over the past couple of years.” (READ MORE)
The money added to the SPDR S&P 500 ETF this week may reflect more complex strategies than simply bullish investors buying stocks, according to Robert Stein, who helps oversee $900 million as president of Chicago-based Astor Investment Management LLC. “People could be selling options against it,” Stein said in an interview. “They could be selling…
Rob Stein, CEO of Astor Investment Management said that Tuesday’s pullback is mostly due to technicals rather than fundamentals. “When markets reach new peaks, investors tend to take opportunity and lighten up and rebalance. We think the economy is in its mid cycle and has more room to grow. All recent economic data point to…
“We think the probability is high for risk assets to appreciate over the next several quarters because of economic fundamentals. We have a pretty low hurdle of what we need fundamentally from the economic data to continue to push stock prices higher.” (READ MORE)
The market’s resilience should be considered against the backdrop of what is now a stronger U.S. economy than it was just a few years ago. (READ MORE)
Despite the shadow of tension in the Middle East, Astor Investment Management CEO Robert Stein assures the economic fundamentals remain sound. “Drama, politically, sometimes causes markets to correct or have spikes and volatility so that could happen but I would suggest … that [it] would not derail where the expected path is for risk assets…
“These same geopolitical events against a different economic backdrop would produce different outcomes.Right now the U.S. economy is solid, even if it isn’t accelerating the way it could be. But a few years ago, this same news out of the Middle East would have a much larger impact on the markets.” (READ MORE)