RCM Robinson Capital Management LLC
 
  The Robinson Report           A quick and simple weekly market performance report.
Friday, January 27, 2006

 

 


Week in review:  

  • Reasonable Growth - US GDP grew 3.5% in 2005 (two revisions to follow), including a less-than-expected 1.1% rate in Q4. This compares to 4.1% annualized growth in Q3.

  • A better week - All equity classes do well, with US Small companies vaulting ahead +8.76YTD.

  • Durable Goods - Orders to American factories for big-ticket manufactured goods posted a third consecutive increase in December, closing out a record year for the nation's factories.

  • Long Time on the Job - Alan Greenspan is the 13th chairman of the Federal Reserve, having taken over for Paul Volcker on 8/11/87. When Greenspan retires following the first Fed meeting of 2006 next Tuesday (1/31/06), he will have served as chairman for 222 months, the second longest tenure of any chairman in the 93-year history of the Fed.

  • Not A Good Call - On 8/13/79, a weekly business magazine ran a cover story that was titled "The Death of Equities". For the 26 years beginning 1/01/80 to 12/31/05 the S&P 500 was up +2,407% (total return), or +13.2% compounded annually. That would have turned $1 into $25.


ASSET CLASS RETURNS 


  


Portfolio Performance REVIEW 

 

   
 
 

"The ideal length of a vacation is just long enough to be missed and not long enough for them to discover how well they can get along without you."
-- Bit's & Pieces

 

% change in week ending 1/27/06

S&P500

1.76

US Lg Val (Russell 1000 Value)

2.07

US Sm (Russell 2000)

3.92

Intl (EAFE)

2.93

Intl Sm (EAFE Small)

2.47

3-5yr Govt (Bloomberg)

(0.39)

 

 

 

 

% change

Bloomberg Silicon Valley Index

Last 12 months

23.43

YTD

7.86

Last 5 sessions

3.15

 

 

% change

Global Hedge Fund Index  (1/25/05)

Last 12 months

5.87

YTD

1.71

Last 5 days

0.70

 

CONTACT US

RCM Robinson Capital Management LLC
27 Reed Blvd, Mill Valley, CA 94941
Tel: 1.415.771.9421
Fax: 415.762.1980
Email

 
 

 

 

 

 

 

 

 

 

 

 

 

 

 

Portfolio Performance is calculated by the Bloomberg Professional System on a total return basis. Current portfolio allocations

 

 

Important Performance Disclosure Information 

Portfolio Performance is the total return of seven unique asset allocation strategies that seek to fit the distinct needs of different investor goals, risk tolerance levels and investment time horizon. Each portfolio contains up to 16 individual funds totaling over 4000 securities, managed by OppenheimerFunds. The portfolios are designed to create efficient diversification through the selection of lower correlating asset classes. The purpose of these tables and charts is for you to follow specific market indexes, observe asset class rotation and to compare actual portfolio returns. 

Portfolio Performance is the total return of seven unique asset allocation strategies that seek to fit the distinct needs of different investor goals, risk tolerance levels and investment time horizon. Each portfolio contains up to 16 individual funds totaling over 4000 securities, managed by OppenheimerFunds. The portfolios are designed to create efficient diversification through the selection of mutual funds that may have a  low correlation between asset classes. The purpose of these tables and charts is for you to follow specific market indexes, observe asset class rotation and to compare actual portfolio returns net of management fees. Asset allocation strategy is available here.

 

Before investing in any of the OppenheimerFunds, investors should carefully consider a fund's investment objectives, risks, charges and expenses. The fund's prospectus contains this and other information about the fund. Read prospectuses carefully before investing.      

S&P 500 - Standard & Poor's 500 Index (not including dividends) - generally considered a U.S. Large Growth company market index.

Russell 1000 Value Index (US Lg Val) - generally considered a U.S. Large Value company market index.

Russell 2000 Index (US Sm)- generally considered a U.S. Small company market index.

EAFE - EAFE Index (Intl) (not including dividends) Europe, Australia, Far East and generally considered a large company international market index.

EAFE Sm - EAFE Small Index (Intl Sm) (not including dividends) Europe, Australia, Far East and generally considered a small company international market index.

Bloomberg Silicon Valley Index - market index of high tech companies located in the Silicon Valley area. 
Global Hedge Fund Index - representative of the overall composition of the hedge fund universe. It is comprised of eight strategies: 
convertible arbitrage, merger arbitrage, equity hedge, equity market neutral, relative value arbitrage, event driven, distressed securities, and macro. The strategies are asset weighted based on the distribution of assets in the hedge fund industry. See hedge fund risks. 

3-5yr Treas. - Bloomberg U.S. Government Treasuries 3-5 year maturities index and generally considered a intermediate maturity U.S. Government Note index.

All investments involve risk, including loss of principal. Foreign securities involve additional risks, including foreign currency changes, political changes, foreign taxes, and different methods of accounting and financial reporting. The foregoing has been prepared solely for informational purposes, and is not an offer to buy or sell or a solicitation of an offer to buy or sell any security or instrument or to participate in any particular trading strategy.  

The information contained herein is based on sources and data believed reliable, but is not guaranteed. Advisory services offered through RCM Robinson Capital Management LLC, SEC Registered Investment Advisor. Securities offered through Securities America, Inc., Member FINRA/SIPC. Douglas C. Robinson, Registered Representative. RCM Robinson Capital Management LLC and Securities America, Inc. are separate and unaffiliated.

 
RCM Robinson Capital Management LLC, Securities America, Inc, 27 Reed Boulevard, Mill Valley, CA 94941

(phone) 415-771-9421       (fax) 415-762-1980