NetWorth Radio Advance Report - December 30, 2019

In this NetWorth Radio Advance Report, Spencer McGowan, President of McGowanGroup Asset Management, delivers financial news and intelligence with insights you can act on for December 30, 2019.

Advance Report

Radio Show

Powerful Interviews

Deep research and steadfast commitment to great high cash flow assets led your humble co-hosts to highlight the bargain status of Global High Yield bonds and Dividend companies especially in Energy Infrastructure.
Capital calls went out to clients and listeners to capture the discounts at year end.
2019 brings Santa Claus to investors who remained strong and added to bargains. Indexes dancing at new highs while thankfully the Grinch appears to be constrained within the Washington D.C. beltway while the rest of real America emerges to sing in gratitude and dance to visions of sugar plum dividends.
Dow Jones Industrial Average Index (Approx. 1 Year)

– Courtesy of Bloomberg LP

NASDAQ Composite Index (Approx. 1 Year)

– Courtesy of Bloomberg LP

Standard & Poor’s 500 Index – Quarterly Earnings Real/Estimates (3 Years)

– Courtesy of Bloomberg LP

DoubleLine Income Solutions Fund (Approx. 1 Year)

– Courtesy of Bloomberg LP

ClearBridge Energy Midstream Opportunity Fund, Inc. (Approx. 1 Year)

– Courtesy of Bloomberg LP

Standard & Poor’s 500 Energy Sector Global Industry Classification Standard Level 1 Index (Approx. Month)

– Courtesy of Bloomberg LP

Alerian MLP Index & West Texas Intermediate Crude Spot Price (Approx. Month)

– Courtesy of Bloomberg LP

Headline Round Up!

*The 25 Biggest Events on Wall Street of the Decade?
*The “SECURE” Act Attack on YOUR IRA!
*Global High Yield!

NetWorth Radio’s Business Leadership Series: Spencer McGowan Interviews The Head of Asian Fixed Income, Asia and Australia at Aberdeen Standard Investments, Adam McCabe!


Adam McCabe is the Head of Asian Fixed Income, Asia and Australia at Aberdeen Standard Investments. Adam joined Aberdeen Asset Management via the acquisition of certain asset management businesses from Credit Suisse in 2009. Adam worked for Credit Suisse since 2001, where he was a director/investment manager responsible for the development and implementation of its Asian currency and interest rate strategies.
Before that, he was a member of Credit Suisse’s Australian fixed income team, where he was responsible for interest rate and currency strategies. Adam was also Head of Fixed Income for Woori Credit Suisse Asset Management, Korea, where he was responsible for the fixed income and money market portfolio management, investment strategy and processes.
Adam graduated with a BComm (First Class Honours and University Medal) from the University of Sydney, Australia and a Diploma in Global Finance from the Chinese University of Hong Kong.

 

NetWorth Radio’s Texas Business Leadership Series: Spencer McGowan Interviews Co-Founder and Managing Director of Recurrent Investment Advisors, Brad Olsen


Brad Olsen

Prior to co-founding Recurrent, Brad was most recently the lead MLP portfolio manager for BP Capital Fund Advisors (BPCFA). Under Brad’s leadership, MLP AUM more than doubled (excluding the impact of appreciation).
From 2011 to 2015, Brad led Midstream Research for Tudor, Pickering, Holt & Co. (TPH & Co.), where he was recognized as the top all-around stock picker in the US by the Financial Times in 2013, and the top energy stock picker in the US by Starmine in 2014. Under Olsen’s leadership, the TPH & Co. midstream team was recognized in the WSJ’s “Best on the Street” poll as well as by Institutional Investor Magazine.
Brad also has experience as an investment analyst at Eagle Global Advisors in Houston, where he was part of a 3-person team that grew midstream/MLP AUM from $300mm to over $1bn from 2008 through 2011. He has also worked in investment roles at Millennium International, a large global hedge fund, and Strome Investment Management, an energy-focused hedge fund based in Santa Monica, CA. He began his career in the UBS Investment Banking Global Energy Group in Houston.
  • Brad earned a BA in Philosophy, Political Science, and Slavic Studies from Rice University in Houston.
  • Brad resides in Houston with his wife and four children. Brad was nearly fluent in Russian, but is very rusty.

 

PappaDean’s Corner of Financial Wisdom!

 

Research Round Up!

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