Cliff Draughn of Excelsia Investment Advisors was cited in Financial Planning magazine’s cover story this month. View the whole article here. “Some market inefficiencies will always exist, even in areas like large-cap U.S. stocks that appear to be unlikely sources of alpha, simply because investor behavior can be irrational at times. Take the dot-com bubble; [...]
Stocks stumbled in the first week of earnings season. Cliff Draughn, chief investment officer at Excelsia Investment Advisors, says that’s not unusual in the early going, as investors look at companies’ top line growth and margins and compare them to the last few years’ results. Draughn tells MarketWatch Radio’s Larry Kofsky that a round of [...]
BRICS countries are calling for stronger regulation of commodities to combat record food and energy prices, with Cliff Draughn, Excelsia Investment Advisors
Vanessa Drucker highlighted Cliff’s thoughts in the March 14, 2011 Fund Strategy cover story “On the flip side.” The article takes a look at the positive and negative drivers for near term American economic expansion, looking out over the next year or two. The full article can be found at: http://www.fundweb.co.uk/features/cover-stories/on-the-flip-side/1027575.article. *** Business confidence is [...]
Bob Farrell was a legend at Merrill Lynch & Co. for several decades. Farrell had a front-row seat to the go-go markets of the late 1960s, mid-1980s and late 1990s, the brutal bear market of 1973-74, and October 1987′s crash. He retired as chief stock market analyst at the end of 1992, but continued to [...]
Over the weekend, Reuters reporter Edward Krudy highlighted Cliff’s thoughts on the far-reaching effects of the Egyptian power struggle. Here is his contribution to the piece: “Clearly oil is in the biggest play here. Think about if they decide to shut down the Suez Canal,” said Cliff Draughn, chief investment officer at Excelsia Investment Advisors [...]
