Managing Rising Risks in Times of Uncertainty
This commentary (unusually longer than normal due to the circumstances) has three distinct parts: An update with our economic and market assessment, a brief presentation of graphs that portray economic trends, and a brief discussion about issues related to economic...Crisis Mode, Portfolios, and Responses: A Buffer or an Amplifier?
In this week’s commentary we employ lots of graphs, which in our humble opinion, tell us an unfolding story that might be full of challenges but also portfolio opportunities. So, first a quick refresher of market crashes. Source: CNBC Then, a helicopter view of the...When Volatility and Turmoil March On
The market moves of this week have certainly garnered a lot of attention and inspired much ink to be spilled speculating on causes, meaning, significance, and future ramifications. Indulge us as we add our own voice to the mix. While stocks had their largest point...Fed in Action, Volatility, and Expectations: Are There Any Clear Signs?
The Fed cut rates yesterday by 50 bps. It was a move expected but not between meetings of the FOMC. Such a rush sent the wrong signals, generated some panic (“they know something”), misfired, undermined credibility, and limited its ability to act when the next...Market Outlook: Demand-Side and Supply-Chain Risks
The Coronavirus is spreading beyond China and that shook the markets both last Friday and even more so yesterday to the point that equity indexes are down for the year. On the other hand, long-term Treasuries and gold continue performing very well. Both of them are up...Sign Up for Our Publications
