by David Wagner | Mar 31, 2022 | Blog, Macro Updates
This Aptus Musing will piggy-back John Luke’s take on the yield curve inversion. As we all know, it’s one thing to know what is going on in the market, but another to know how to position off of it. Given that every situation tends to be slightly different, the...
by John Luke Tyner | Mar 29, 2022 | Blog, Bonds, Macro Updates
The spread between the 10-year Treasury and the 2-year Treasury has compressed materially over the first three months of 2022 (~80bps of tightening), and inverted yesterday for a brief moment. The 10/2 spread is currently sitting at 5bps this morning vs. 80bps on...
by David Wagner | Mar 28, 2022 | Blog
Ride Wit Me – Copart, Inc. As fundamental analysts, we need to do the work – we need to roll up our sleeves and get our hands dirty. We don’t solely rely on sell-side analysts’ expectations, price targets, etc. If Nelly, the rapper, was a sell side...
by JD Gardner | Mar 25, 2022 | Blog, ETFs, Market Updates
Most people hate taxes – that’s why they should love ETFs. As in past years, capital gains distributions from ETFs in 2021 were a tiny fraction of those distributed by their mutual fund counterparts. Our objective is not to restate the fact that ETFs are more tax...
by John Luke Tyner | Mar 24, 2022 | Blog, Bonds
* Bonds… A Rough Stretch: The Bloomberg Global Aggregate Index, a benchmark for government and corporate debt, has fallen 11% from a high in early 2021. That’s the biggest decline from a peak in data stretching back to 1990, surpassing a 10.8% drawdown during the...
by Marketing | Mar 23, 2022 | Blog, Team
More fun on the hardwood…Wealth Management ran a piece on guys who played major college hoops. As you may know, 6 Aptus team members played Division 1 ball, so there might be a game on in the background for these glorious weeks in March. Beckham, John, and JD...
