Current Issue - May 2012

We are in an extended bull market. The possibilities for profound profits seem endless in extended bull markets, but we urge you not to formulate investment strategy around possibilities. Instead, focus on the probable: There will be a price to pay for the Fed's manipulation of the stock market. Fed chief Bernanke stands ready and willing to flood the system with liquidity at the first whiff of bad news, creating a good-is-good and bad-is-good market that cannot be sustained.

We do not expect a bear market in 2012, but we are also finding fewer and fewer compelling investment opportunities in global equity markets. To counter this, we encourage you to pack your portfolio with high-yielding stocks. This month we offer three approaches to capturing the best opportunities the market has to offer – including two new recommendations for our Fixed Income Master List. More >>

Previous Issue - April 2012

Dow 34,000—a sign of the liquidity induced coma that global central banks have put investors in or just more hype from Wall Street? In this case, it is probably both. Right now, the prevailing sentiment in financial markets is optimism.

But at Young Research, we don't share this optimism. There are extraordinary risks that investors face in the current environment, and neither Treasuries nor stocks are compensating them for these risks. So in this month's issue, we'll take a closer look at these risks, and why we continue to favor a portfolio focused on high dividend defensive stocks and high-yielding bonds for you. More >>

Chart Books

Natural Gas Download PDF

The Young Research Natural Gas chart book includes short and long-term charts on the natural gas market.

U.S. Economy Download PDF

The Young Research U.S. Economy chart book includes short and long-term charts on output and activity, the labor market, inflation, and consumer and business sentiment.

Dow Bull & Bear Markets Download PDF

Since 1896, the average bull market has lasted 835 days and resulted in a doubling of stock prices. For more historical perspective on the duration and magnitude of bull and bear markets, check out our new Dow Bull and Bear Markets table.

Credit Markets Download PDF

Our Credit Markets chart book includes many of the charts we monitor and use regularly to formulate fixed-income investment strategy. The chart book includes long-term charts on nominal and inflation-adjusted treasury rates, policy rates, interest rate valuation indicators, and credit spreads.

Jeremy Jones, CFA, is the director of research for Young Research & Publishing and editor of the Global Investment Strategy newsletter. Jeremy is also the Chief Investment Officer at Richard C. Young & Co., Ltd., an investment advisor to high net-worth families and businesses. More »

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