Current Market Environment The first quarter of 2023 was akin to a play with three distinct acts. However, unlike a traditional play in which the first act introduces a problem,...
This year’s first quarter was punctuated by some sudden bank failures in March. California’s Silicon Valley Bank and New York’s Signature Bank collapsed after depositors rushed...
Perhaps distracted by clamor and pundits in the financial media, along with suffering from some pesky behavioral biases, too many investors fail to focus on the main goal of...
Current Market Environment “This time is different.” As 2022 began, that sentiment seemed pervasive. With the S&P 500 trading close to all-time highs, continuing to be led by...
SOME SEC RULES HAVE ADDED TO CONFUSION FOR LONG-SHORT FUNDS There is much to like about well-managed long-short equity funds. Fund managers can seek to generate alpha on both long...
One of the most powerful trends in the investment world over the past decade has been the relentless rise of passive-index investing. Accelerated by the explosive growth in...
Evidence for an economic slowdown is piling up It almost seems as though most investors have become amateur Fed watchers in 2022. This year, in a bid to tame inflation, the...
Current Market Environment According to ESPN major league baseball (MLB) analyst, Doug Glanville, MLB instituted the “warning track” in 1949. This came after a Brooklyn Dodgers...
A Great Opportunity for Long Short We find ourselves today with persistent inflation, a tightening Fed balance sheet, rising rates, and declining asset values. These challenges...
High-Yield Bonds High-yield bonds, as the name suggests, are bonds that pay a higher yield to their investors to compensate for the additional risk compared to investment grade...
