Press Releases

The Choice of President Matters to Investors!

[ PR Newswire  •  2008-10-20 ]

Novato, CA –Do the winds of political change really have an effect on investing in America? Yes!

As the following table shows, history can give important clues of what to expect from the next president.

Presidents & Investments since 1833
Percentage Change

Republicans & Whigs

Clearly, bull markets are not limited to only Republican presidents. While it is not a surprise that Reagan’s two terms showed a 138% increase in stocks and 72% increase in new home prices combined for a 1st place total return of 210%, the best return for a Democrat was Clinton’s post cold-war tenure of 173%. The 3rd best on record!

On the flip side, both parties have had bear markets on their watch. The Democrat Pierce and Republican Hoover posted sizeable loses in both stocks and real estate.

“It is important to note that no president served multiple terms with continuous losses in stocks and real estate! Since voters, regardless of their political views, want to see their investments appreciate in value, patience with the next president is very limited if the bear market in stocks and real estate persist past 2010” says Ken Winans veteran money manager and author of “Investment Atlas”.

Additional research on this article can be found at http://www.winansintl.com
http://www.investmentatlas.com 

History Points to Powerful Stock Market Rally in Near Future!

[ PR Newswire  •  2008-10-08 ]

Novato, CA – It’s official – the stock market is having its worst year since 1974, with the S&P 500 Index humbling investors with a year-to-date decline of –34%.

This is a rare occurrence. Since 1907 there have been 9 times in which the U.S. stock market declined more than 30% within a single year.

Now for the good news: In most cases these awful times were followed by powerful market rallies over the next 12 months and long before the media’s headlines became positive.

As can be seen below, these tough years have been followed with strong performances 8 out of 9 times, averaging 28%. Even more impressive is that these low points often signal the beginning of new multi-year bull markets with returns averaging 135%!

“There are times that you have stop reading scary financial stories or listening to radical advice from the talking heads of TV and radio, and just pay attention to investment history.” Ken Winans veteran money manager and author of “Investment Atlas”.

History is telling us that if there is ever a good time to test the old saying of buying low & selling high – it is now!

Additional research on this article can be found at http://www.winansintl.com

Worst Residential Real Estate Market Since Man First Walked on the Moon!
[ PR Newswire  •  2008-08-01 ]

NOVATO, Calif., Aug. 1 /PRNewswire/ -- U.S. new home prices are down 13%, new home sales have reduced by 39% and property listings are down 22% since the real estate market's historic peak set in March of 2007. This marks the worst real estate bear market since 1970.

Winans International Real Estate Index (New U.S. Homes)
Percentage Change Since March 31, 2007

                         U.S.         West     Northeast     South    Midwest

    Price            (13%)        (15%)        (10%)        (9%)        (8%)

    Sales           (39%)        (52%)        (43%)       (33%)       (33%)

    Listings        (22%)        (20%)        (21%)       (22%)       (23%)

While this is humbling news to millions of homeowners nationwide, not everyone is feeling the pain in the same degree.

As can be seen in the chart above, the greatest declines in home prices and sales volume have been felt in the Western states. The Midwest has faired the best in the nation with the least price declines and better sales activity.

In comparing today's real estate to past bear markets, it is interesting to note that while price declines were worse in 1969/70 (-18% vs. -13%), sales and listings have "dried up" much worse today than 38 years ago.

Fortunately, while the current condition is bad it is not record setting. The worst decline of U.S. new home prices in the last 150-years was the -68% decline from 1929 to 1932.

Winans International Real Estate Index (New U.S. Homes)
Bear Market Historical Comparisons:

            % Change       2007-2008       1969-1970      1929-1932

    Price                            (13%)           (18%)          (68%)

    Sales                            (39%)           (16%)           NA

    Listings                         (22%)            (7%)           NA

    Duration (yrs)                   NA              1.5            3.0

    (Source: http://www.investmentatlas.com)

The Winans International Real Estate Index (WIREI) measures U.S. new home prices from 1830 to present day. More information on the Winans International Real Estate Index can be found at http://www.winansintl.com

SOURCE:  Winans International Investment Management & Research

Back

Preferred Stocks Posting Solid Gains in 2008
[ PR Newswire  •  2008-03-04 ]

NOVATO, Calif., March 4 /PRNewswire/ The Winans International Preferred Stock Index measures U.S. conventional preferred stock values from 1980 to present, and it has posted an 8.5% increase in price so far in 2008.

After suffering an -11% decline in 2007 (The worst decline in preferred stocks since 1969.), "preferreds" have provided one of the few bright spots to an otherwise dismal investment picture.

"Prices dropped so much that yields became very attractive on well established companies, and so you're seeing money flow to preferreds" says Justin Gularte, Income Portfolio Manager at Winans International.

It is interesting to note that since 1900, preferred stocks historically decline 24% of the time, and their worst performance in the last 100 years was the -23% decline posted in 1907.

More information on the Winans International Preferred Stock Index can be found at http://www.winansintl.com

Back

177-Year-Old Real Estate Index Has Steepest Decline Since 1969
[ PR Newswire  •  2008-03-03 ]

NOVATO, Calif., March 3 /PRNewswire/ The Winans International Real Estate Index measures U.S. new home prices from 1830.

From its all-time record of 296,000 set in March of 2007, the index has declined -16.8% to its current level of 246,300.

This marks the worst price decline in U.S. new home prices since the 17-month decline of -17.8% from May 1969 to October 1970.

The worst decline of U.S. new home prices in the last 100 years was the -55% decline from 1929 to 1932.

More information on the Winans International Real Estate Index can be found at http://www.winansintl.com

Back

Local Money Manager & Collector Lends a Helping Hand to Wall Street’s New Museum & Visitor Center

[ PR Newswire  •  2008-01-14 ]

Novato, CA – Money manager, author & collector Ken Winans has loaned many items from his elite collection of antique financial documents to the Museum of American Finance for a permanent display. This new exhibit opens to the public on Saturday, January 13th, in its new 30,000 square-foot home, a 19th century Renaissance Revival building at 48 Wall Street, New York. This is the original site of Alexander Hamilton’s Bank of New York established in 1789.

Ken is no stranger to helping out museums & science centers. Items from his extensive collection of space exploration artifacts have been on display for many years at such Bay Area institutions as Chabot Space Science Center, The USS Hornet Museum and The W Foundation. Last June, he received an urgent call from the Museum of American Finance. They needed to borrow pieces from his “other” collection – antique financial documents  - ASAP!

Since 9/11, Wall Street has had to turn away 400,000 visitors annually due to closing of the New York Stock Exchange to the public. This new museum is Wall Street’s visitor center with historical and interactive exhibits.

Winans states, “As president of an investment firm, I feel an obligation to support our industry’s effort to educate the public about the history of investing, and the important role Wall Street plays in all of our daily lives.”

Interestingly, Mr. Winans is a direct descendant of Dr. Gustav Eisen, the legendary scientist & collector of the 1800’s, whose exhibits can still be seen at the California Academy of Sciences in San Francisco, CA and the Phoebe A. Hearst Museum of Anthropology in Berkeley, CA.

Back

The views and opinions expressed in the articles above are not necessarily those of Winans International.  Assets under management reflected in the articles or interviews may not accurately depict Winans International's position at the time of the publication.

Click here to see a list of our archived articles