Crescat Global Macro commentary for the first quarter ended May 31, 2016. May preliminary performance estimates and two high conviction investment ideas in our Global Macro Fund are presented below.

The subject of valuing stocks by their dividend is discussed in the June AAII Journal, which was posted to our website yesterday. Specifically, Computerized Investing editor Jaclyn McClellan takes an in-depth look at Geraldine Weiss’ approach.

If value and growth are joined at the hip, so is being an investor and businessman. Most investors focus on stock prices to base their decisions, but when you look at what really drives a company, it’s not earnings or stock prices.

Currently, SPY adjusted for dividends is near a record high and sentiment suggests the rally can continue to a new record high. Three weeks ago in, ” SPY Found Support and Sentiment Fell Suggesting A Summer Rally To New Highs Is Now Possible ” I wrote ” With SPY down 3.

The stock markets will advance or decline, in that order, from Tactical, Economic, S&P Earnings and Stock Market Internals. a) The stock markets are looking towards housing stocks to rebound. Pending Home Sales Index climbed in April reporting a 5.

There has been plenty of coverage about the fact that equities are trading close to record valuations on most traditional metrics vs. history over the past 12 months. And there has also been plenty of talk about the deteriorating outlook for the US economy.

Kamakura Corporation reported Wednesday that the Kamakura troubled company index ended May at 10.81%, a decrease of 0.30% from end of April. The index reflects the percentage of the Kamakura 36,000 public firm universe that has a default probability over 1.00%.

Shocking. Astonishing. Jaw dropping. There’s just no other way to describe how cheap South Africa is right now.

Applying for a job? You’ve probably heard the advice plenty of times to tailor your resume for the position. But, you might not know exactly how to put it in action. What does tailoring your resume actually involve? How many changes do you need to make? What content should you be focusing on?