You are here: Home / Blog

Crow Point Partners Blog

Welcome to Crow Point’s blog page. This is our opportunity to comment on a range of financial and general investing topics including market activity, interesting trends or data points. This is also where we will challenge commonly held investing shibboleths with hard data – myth-busting as we call it. We hope you enjoy it and we welcome your feedback.

The Problems With ETF’S, Part I: What You Don't Know Can Kill You

In the past few weeks, we have teased a few thoughts on the issues we see in ETF’s. This week, we’re going to start a series called “The Problems in Your ETF.” Today’s post centers again on the levered ETF’s.

June 6, 2017 / by Peter DeCaprio

Cape Fear?

Should we be worried about CAPE, the popular Shiller Cyclically Adjusted Price Earnings ratio? Experts tell us it is trading at exceedingly high levels and, the experts also say, those high levels portend poor stock returns, according to CAPE. We’ve...

June 2, 2017 / by Peter DeCaprio

Before You Become Old and Wise, You First Must be Young and Stupid

In any general discussion of investment strategies on TV or in the press, the focus quickly and often turns to correlations, standard deviations, Sharpe and Sortino ratios, etc. What’s not discussed enough is “when.” As in, when you get in or out...

May 29, 2017 / by Peter DeCaprio

Not All ETF’S Are Created Equally

Last week, amid some controversy, the SEC approved a 4x levered ETF. For a period of time, and rightly, the SEC was considering cracking down on the 2x and 3x levered vehicles so the move to 4x was surprising. Don’t misunderstand, the levered ETF’s...

May 15, 2017 / by Peter DeCaprio

The End of QE

Last week, in a post about current equity market valuations, we identified the unwinding of QE as a possible threat to today’s bull market. Let us be clear: we don’t think the unwinding of QE (which has already begun, actually) will have any...

May 8, 2017 / by Peter DeCaprio

The Ol’ Double-Edged Sword. . .

Back in January of this year (seems so long ago. . .), headlines in the Canadian financial press were bemoaning the fact that (1) the Canadian economy was growing at its slowest pace in 60 years, and (2) real estate and financial services now...

May 4, 2017 / by Peter DeCaprio

The Plastic in Your Wallet is Not Created Equal

Last week Consumer Lenders started reporting Q1 2017 earnings, which showed above average loan growth and better margins. But, in spite of the improving revenue trends, a surge in credit costs hurt results and stocks in the space sold off hard. It...

May 2, 2017 / by Peter DeCaprio

Dispersion Is Becoming Readily Apparent, And This is Good For Investors

So we are about halfway through Q1 2017 earnings, and the results are predictably mixed.  Our friends at FlowPoint Capital have alerted us to some pretty interesting data that is starting to show up in their proprietary risk screens, namely that the...

May 1, 2017 / by Peter DeCaprio

Risks to the U.S. Bull Market, Sure. But This is No 1999.

Not surprisingly, the question most frequently posed by our shareholders, investors and other stakeholders concerns the relative valuation of equity markets. U.S. indexes set new all-time price highs recently and references to the late 90’s are...

May 1, 2017 / by Peter DeCaprio
Page 4 of 4
All posts
1 2 3 4