CFA, CMT, CTA
Larry Berman is a Co-Founder of ETF Capital Management, (www.etfcm.com) and Prosper Experiential Media, (www.prosperexperiential.com). Over his 25 year career, Larry has worked for numerous top firms in New York, Boston, and Toronto. Prior to founding ETFCM (2006), he was Chief Technical Strategist and Managing Director for CIBC World Markets for nearly a decade where he was ranked as one of Canada’s “Top 3 Analysts” according to Brendan Wood institutional investor surveys. Larry is a Chartered Market Technician (CMT), a Chartered Financial Analyst (CFA) charter holder, and is a US registered Commodity Trading Advisor (CTA). Larry graduated from York University with a BA in Economics and lectures on behavioural finance and technical analysis at colleges and universities. Larry is the primary author of the textbook for the technical analysis course offered by the Canadian Securities Institute (CSI). He is past President of the Canadian Society of Technical Analysts (www.csta.org), past Vice-Chairman (Americas) of the International Federation of Technical Analysts (www.ifta.org), and past President of the Market Technicians Association – where he currently sits on the board of the educational foundation (www.mtaef.org). Larry’s opinions frequently appear in the media, and he is featured weekly on BNN’s Berman’s Call.
How to profit while protecting in the longest bull market of all-time
History reminds us that we need to be cautious in our asset allocation choices late in the business cycle. Since no one can time the market with precise precision, Larry will show you how to implement option based strategies to generate income while the markets go through their late cycle phase. Larry will provide insights into building an “All-Weather” portfolio. Learn how to use all asset classes to build portfolios. You don’t need to rely on equity portfolios only. Larry will also look at his top long term investment themes for the next decade and beyond and why ETFs are the best way to play them. We’ll touch on hot spots such as AI and robotics, cyber security, FANGs, biotech and healthcare, clean energy, water and Infrastructure among others.
August 22, 2018: US Market hits a milestone – officially becoming the longest bull market of all-time. Since the dark days of early 2009, many have been sceptical of the foundations upon which the recovery was built. It’s true that many systemic problems didn’t go away, and are arguably much worse, but government and fiscal policy has played an ever-increasing role in engineering this bull to go the distance.
There’s a saying that bull market don’t die of old age, but with this one being the oldest (and the credit cycle entering a tightening phase), it’s hard to ignore the statistical odds of a recession within the next 2 years. However the late innings of this market are all about the United States – in fact if you don’t have at least a market-weight of US investments (40 percent plus), your portfolio is probably flat or slightly down this year. Love him or hate him, Donald J Trump is the one driving the bus, and his administration could extend this market upswing with good policy decisions. That said, if he loses the mid-term elections, the probability of an impeachment in 2019 goes up significantly. Trump warns that would crash markets, but other industry experts disagree. The only thing that everyone agrees on – no one know what will happen next, and we all want to make money while limiting our risk.