NetWorth Radio Advance Report - October 1, 2018

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 October 1, 2018.

Advance Report

Radio Show

Powerful Interviews

The infatuation with technology momentum has left tremendous bargains for investors with the wisdom to think long term. This week’s program highlights attractive investment categories with quantification of forward cash flows.

 

Headline Round Up!

2018 Top Financial Headlines:
*Oil Rally! How High is UP?
West Texas Intermediate Crude Oil Spot Price (Approx. 12 Years)

-Courtesy of Bloomberg

*Consistent New Highs in Multiple Indexes
Dow Jones Industrial Index, Standard & Poor’s 500 Index and the Russell 2000 Index (Approx. 12 Years)

-Courtesy of Bloomberg

C.B.O.E. Short-Term Interest Rate Index (Approx. 12 Years)

-Courtesy of Bloomberg

C.B.O.E. 30 Year Treasury Bond Yield Index (Approx. 12 Years)

-Courtesy of Bloomberg

*4%+ Economic Growth!
*Home Price Appreciation Continues! But, at a slower pace.
*Texas Takeover of Global Oil Markets! NatGas Domination in 2020’s?
*Walmart Mandates IBM Blockchain. Why and what does it mean for the future? “Watson, do I need more kale?”
*GE Implodes! Beware Tax Loss Selling! Strategy for January Effect?
*SiriusXM Scoops Up Pandora! The real story for investors?
*Michael Kors Pays $2.1 Billion for Versace. 3X sales and Over 100 Times Earnings?

 

Our NetWorth Radio Texas Business Leadership series continues with Recurrent Investment Advisors Brad Olsen, a Houston based energy infrastructure expert with deep insights based upon institutional research.


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.

 

Profit Report!

Bozo Awards for Bears! (Beware They Eventually Celebrate a Correction)

 

Research Round Up!


Investors are invited to improve decision making with a comprehensive tour of global economics, indicators, and actual results.
Strategy: Capturing Balance Sheet Recovery!Recurrent MLPs - from Balance Sheet Recession to Recovery - July 2018

Start the Process Today! Be sure to indicate what size portfolio sample you would like to see. A link will arrive when we receive your questionnaire.
Start the process of updating your investment plan today.