Investment Management

News and Noise

The Investment Team at Oak Harvest Financial Group is pleased to introduce a new release in which we will examine a news item, headline, or story making the rounds from publicly available sources and ask, “Is it News or Noise”?

As you know, our constant advice for investors is to “tune out the noise.” But sometimes it is hard to know what’s noiseand what’s not! That’s what this series is going to be about.

Our goal here is to approach these stories and each topic from an independent, investor-first, standpoint, divorce ourselves from personal feelings, emotional bias, or political opinion, and briefly analyze what we believe each story means for long-term investors.

These are going to be quick, casual, opinion pieces, and while we will use data to support our view, we will most likely be wrong in our interpretations, at least some of the time. However, we are looking to practice what we preach, and to help investors to rationally and critically analyze emotion laden stories.

So with that said…

News or Noise?

Crypto Terra Luna Crash Loses $40 Billion | News or Noise

May 18, 2022

Mid-last week, the latest and largest failure to date in the crypto space transpired. It centered around a cryptocurrency called “Luna,” which was theoretically backing a controversial stable coin named TerraUSD. I’m Chris Perras, Chief Investment Officer with Oak Harvest Financial Group. And This is our investment team’s mid-week release when we examine a news…

Balance Sheet Runoff and Feds Funds Borrowing Rate – News or Noise to Your Portfolio!

May 11, 2022

News or Noise: Newsworthy On Wednesday May 4th, Chairman of the Federal Reserve, Jerome Powell announced the first 50 basis point raise in short term interest rates in years and the status of the quantitative tightening, Fed balance sheet runoff schedule. Federal Reserve moves are newsworthy to your investments whether they are behind the inflation…

U.S GDP Drops -1.4% | Are we Headed Towards a Recession?

May 4, 2022

On Thursday April 29th, the Commerce Department reported that America’s first quarter GDP growth came in at -1.4%, below economists’ expectations of a positive +1.0%.  This is the first negative print quarter since the Covid induced flash recession in the 2nd quarter of 2020.  Is it time to panic, sell your equities and sit it…

Is Inflation Going to Keep Rising? News or Noise?!

April 27, 2022

Viewers, summer comes earlier and earlier every year.  No, I am In not talking about “climate change in Houston”.  I am talking about the very normal consumer discretionary and durable goods slowdown that has hit several stocks very hard the last few weeks. This is on the back of calendarizing the positive Covid purchasing affect…

No News for Week of 4/18

April 20, 2022

Unfortunately, there will be no News or Noise for the week of 4/18. We will resume our News or Noise on the week of 4/25. Thank you for understanding. 

Economic Growth Has Peaked | Noisy Proclamations on the Bond Market and Yield Curve

April 13, 2022

Chris Perras: Viewers, everyone is now a bond market and yield curve expert. Turn on any financial news network the last two weeks and it’s a herd of analysts, strategists, economists, and hedge fund managers who manage everything from nothing to only high growth technology stocks, all commenting or pontificating their eloquent opinions on the…

Did We Just Have A Bear Market Rally? | News or Noise?

April 6, 2022

Viewers, apparently, many stock strategists and TV financial news commentators are taking their cues from politicians nowadays.  What do I mean?  I mean, they are of the belief that if you say something enough times on TV, regardless of whether it is factually correct or not, it is truth or, it will become truth, or…

Annuities In Your Retirement Income Plan Are They A Scam | News or Noise

March 30, 2022

Viewers, there is as much bad information out there about annuities as there are types of insurance.  Some well-known RIA’s even advertise that they will never sell you an annuity product as part of their marketing schtick.  They will never incorporate an annuity into your retirement plan.  While at the same time, they invest significant…

Stock Market Alert – Exchange Traded Notes and Your Investment Portfolio

March 23, 2022

  Long-time listeners know that I have a soapbox that I like to stand on and rant from occasionally. One of my favorite topics to “rant” about is the Exchange Traded Note or ETN market. This market is often confused with the ETF market. Viewers, they are not the same! I’m Chris Perras, Chief Investment…

Interest Rate Forecasting – Does it Affect Your Portfolio! | News or Noise

March 9, 2022

  The Federal Reserve is starting to raise rates in March and sell side strategist are saying they’ll raise short term interest rates 5, no its six, no 7, nope I raise your seven and its 8 times this year to combat inflation.  How do we know? Well Fed Funds Futures are telling us so,…