The 10th Man

When the Trend Is No Longer Your Friend

March 15, 2018

Special edition this week—the first-ever video issue of The 10th Man!

Why now? Because we’ve had a regime change in the markets, and the last regime lasted for years. I think that warrants a special edition.

This $5 Trillion Market Is Just Getting Started.

Don’t miss out on the ETF revolution. Get going with this must-read report from Jared Dillian.

If you’ve been reading The 10th Man for a while, you’ll remember me saying that the low volatility regime is over. Volatility is back, and will be for some time.

But as much as the market was in a low-vol regime, it was also in a trend-following regime. And that regime is also over… but people don’t seem to realize.

They don’t really understand (or remember) that the market follows different regimes—that you can have a trend-following regime followed by a mean-reverting regime. Investors who follow trends will go through a lot of pain in a mean-reverting regime.

And if you think you’re not a trend follower… you just might be, without knowing. That’s part of what I discuss in this video issue. It’s important viewing.   

Click below to watch (you can get a transcript too).

To make things even easier, here’s some of what you’ll be finding out, and where you can find it in the video:

  • What the new market regime looks like, and why “the trend is no longer your friend” (1:36)
  • Why index fund investors could be in trouble without realizing it (2:30)
  • What kind of investor you need to be in this new environment (3:58)
  • The smartest thing investors can do right now (6:33)
  • My thoughts on the next market correction… when, how big, and why (7:34)
  • Ed D’Agostino, Mauldin Economics publisher and COO, weighing in with a pretty great story about his own personal portfolio—interesting lesson here (10:16)

I encourage you to go and watch it. I hope you enjoy it—but more importantly, I hope it gets you thinking about what you might need to change in your portfolio so that this new regime doesn’t take you by surprise.

New game, new rules.

-

Watch “The Bond King” reveal what this means for equity markets and investors’ portfolios.

Access these insights and dozens more with your SIC 2018 Virtual Pass for a $400 discount!

-

One Final Thing

I was at the Strategic Investment Conference last week, and it was a great experience. I talk a little bit about DoubleLine Capital founder Jeff Gundlach’s presentation in the video, but another big highlight was Passport founder John Burbank.

In fact, his presentation sparked off a trade idea, which I told my subscribers at The Daily Dirtnap about in the very next issue I emailed out. It has all the makings of a classic Daily Dirtnap trade.

Moral of the story? Go to conferences!

Or do the next best thing—pick up a Virtual Pass, and watch it all from your couch. Probably less tiring, and you get all the good stuff.

The Virtual Pass is still available now (and at a big discount), but won’t be for long.

Jared Dillian
Jared Dillian

 

Get Thought-Provoking Contrarian
Insights from Jared Dillian

Discuss This

0 comments

We welcome your comments. Please comply with our Community Rules.

Comments

smue69@aol.com

March 24, 6:09 p.m.

To the point and spot on. As an ex interbank fx trader and a ‘basic contrarian’ I have been reading the 10th Man for the last 12 months with a lot of interest and agreement. Your insightful analyses and real life comparisons are fun to read, easy to understand for the average reader and fundamentally sound.


Use of this content, the Mauldin Economics website, and related sites and applications is provided under the Mauldin Economics Terms & Conditions of Use.

Unauthorized Disclosure Prohibited

The information provided in this publication is private, privileged, and confidential information, licensed for your sole individual use as a subscriber. Mauldin Economics reserves all rights to the content of this publication and related materials. Forwarding, copying, disseminating, or distributing this report in whole or in part, including substantial quotation of any portion the publication or any release of specific investment recommendations, is strictly prohibited.
Participation in such activity is grounds for immediate termination of all subscriptions of registered subscribers deemed to be involved at Mauldin Economics’ sole discretion, may violate the copyright laws of the United States, and may subject the violator to legal prosecution. Mauldin Economics reserves the right to monitor the use of this publication without disclosure by any electronic means it deems necessary and may change those means without notice at any time. If you have received this publication and are not the intended subscriber, please contact service@mauldineconomics.com.

Disclaimers

The Mauldin Economics website, Yield Shark, Thoughts from the Frontline, Outside the Box, Over My Shoulder, Transformational Technology Alert, Rational Bear, The 10th Man, Connecting The Dots, Stray Reflections, Street Freak, ETF 20/20, Macro Growth & Income Alert, In the Money, and Mauldin Economics VIP are published by Mauldin Economics, LLC. Information contained in such publications is obtained from sources believed to be reliable, but its accuracy cannot be guaranteed. The information contained in such publications is not intended to constitute individual investment advice and is not designed to meet your personal financial situation. The opinions expressed in such publications are those of the publisher and are subject to change without notice. The information in such publications may become outdated and there is no obligation to update any such information. You are advised to discuss with your financial advisers your investment options and whether any investment is suitable for your specific needs prior to making any investments.
John Mauldin, Mauldin Economics, LLC and other entities in which he has an interest, employees, officers, family, and associates may from time to time have positions in the securities or commodities covered in these publications or web site. Corporate policies are in effect that attempt to avoid potential conflicts of interest and resolve conflicts of interest that do arise in a timely fashion.
Mauldin Economics, LLC reserves the right to cancel any subscription at any time, and if it does so it will promptly refund to the subscriber the amount of the subscription payment previously received relating to the remaining subscription period. Cancellation of a subscription may result from any unauthorized use or reproduction or rebroadcast of any Mauldin Economics publication or website, any infringement or misappropriation of Mauldin Economics, LLC’s proprietary rights, or any other reason determined in the sole discretion of Mauldin Economics, LLC.

Affiliate Notice

Mauldin Economics has affiliate agreements in place that may include fee sharing. If you have a website or newsletter and would like to be considered for inclusion in the Mauldin Economics affiliate program, please go to http://affiliates.ggcpublishing.com/. Likewise, from time to time Mauldin Economics may engage in affiliate programs offered by other companies, though corporate policy firmly dictates that such agreements will have no influence on any product or service recommendations, nor alter the pricing that would otherwise be available in absence of such an agreement. As always, it is important that you do your own due diligence before transacting any business with any firm, for any product or service.

© Copyright 2018 Mauldin Economics