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...
The Rate Outlook The Federal Reserve opted for a 75-basis-point increase in the update data Fed Funds Rate in June. This was higher than its previous guidance of 50- basis points....
Sky-High Inflation As business closures and shelter in place orders were removed, pent up demand was released. We first began to see the economic ramifications of this in April...
60/40 Has Treated Us Well For the past 40 years, investors have favored a 60/40 portfolio allocation, where 60% is invested in equities and 40% invested in bonds. Investors were...
A Grim Start for Equities Equity markets have been battered thus far in 2022. Since the Fed signaled a more hawkish tone on fighting inflation, investors have soured on stocks,...
Don’t Poke the Bear... Some investors are wondering: Is now the time to rebalance my portfolio? Is the worst behind us or ahead of us? While we cannot be certain about the future,...
