Day: January 13, 2015

Are Macroeconomists Rebuilding a Wall of Worry?

Those of you who follow us at Smead Capital Management know that we believe in the idea that good markets die on too much affection and continue due to a lack of affection. You also know that we want to own wonderful companies for a long time and do so through regular stock market corrections/bear markets over the years. Since the stock market bottom in March of 2009, this secular bull market has climbed on a wall of worry and on a lack of optimism. With the U.S. stock market starting the year on a down note, we thought it would be appropriate to consider the arguments of smart people who are warning investors and possibly resurrecting the wall of worry in large-cap U.S. stocks.

⟶ Keep Reading

Reuters: Tony Sherrer discusses bank dividends

Investors may wait longer for higher dividends from U.S. banks By Peter Rudegeair For more information go to The information contained in this article represents SCM’s opinions, and should not be construed as personalized or individualized investment advice. Past performance is no guarantee of

⟶ Keep Reading
Scroll to Top